Courtney Statement on Passage of Two-Year Delay for the Harmful Cadillac Tax
WASHINGTON—Today, Congressman Joe Courtney (CT-2), made the following statement after the House of Representatives voted to pass a two-year delay of the so-called ‘Cadillac Tax’:
“Passage of a two year delay to 2020 of the 40% excise tax on health plans represents significant progress in the effort to protect middle-class health benefits,” said Courtney. “Along with many supporters of the Affordable Care Act, I warned in 2010 that the tax was ill-conceived when it was inserted in the legislation at the end, and eventually striking it from the books would only strengthen healthcare reform. The extraordinary collation of groups such as the American Cancer Society, the U.S. Chamber of Commerce, the AFL-CIO, the American Benefits Council, and organized labor did an outstanding job of educating Congress on the exploding cost shift to patients that the excise tax would cause, creating new barriers to affordable healthcare. With the delay in place, I look forward to working with my colleagues in Congress, the Administration, and those outside experts in the future to get this over the finish line.”
Courtney is the lead sponsor of H.R. 2050, the Middle Class Health Benefits Tax Repeal Act of 2015, which would enact a full repeal of the ‘Cadillac Tax’. The bill currently has 184 bi-partisan cosponsors.