[Congressional Record (Bound Edition), Volume 161 (2015), Part 7]
[House]
[Page 9654]
[From the U.S. Government Publishing Office, www.gpo.gov]




                             AXING THE TAX

  (Mr. GUINTA asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. GUINTA. Mr. Speaker, I rise today on behalf of the estimated 145 
million Americans who are at risk of losing their employer-sponsored 
healthcare insurance due to an excise tax included in the President's 
healthcare law. Beginning in 2018, employers will be required to pay a 
40 percent tax on their employees' healthcare plans due to ObamaCare.
  I am already hearing from constituents back home who hear from their 
employers and employees alike that are preparing for this devastating 
tax by looking at increasing deductibles, reducing benefits, and 
shifting costs to consumers and property taxpayers alike. This tax is 
set to cost New Hampshire's largest city, Manchester, over $5 million.
  Americans simply can't afford another costly tax, and that is why I 
introduced H.R. 879, a bill to repeal the so-called Cadillac tax. As we 
prepare to vote on a series of healthcare bills this week, I urge my 
colleagues to join me in cosponsoring this commonsense bill.
  H.R. 879 is a win for employers. It is also a win for municipalities. 
And, most importantly, it is a win for all those hard-working Americans 
who expected the President to keep his promise that, if you like your 
healthcare plan, you can keep it.

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