January 16, 2010

THEY GOT THEIRS, WHERE'S MINE?:

Unions Cut Special Deal on Health Taxes (LAURA MECKLER And NAFTALI BENDAVID, 1/15/10, WSJ)

Democratic negotiators acceded to union demands for a scaled-back tax on high-end health-insurance plans, exempting union contracts from the tax until 2018, five years beyond the start date for other workers.

The deal helped Democrats clear a key hurdle, but the break for organized labor added to the pressure to find new revenue to pay for their health bill, which is designed to give coverage to tens of millions of uninsured Americans.


Drug companies threatening to oppose health bill (ALAN FRAM, 1/15/10, Associated Press)
The drug industry is threatening to end its support for President Barack Obama's health overhaul effort because of a rift with the administration over protecting brand-name biotech drugs from low-cost generic competitors.

In an e-mail obtained Friday by The Associated Press, the president of the Pharmaceutical Research and Manufacturers of America told the trade group's board members that "we could not support the bill" if the industry is given less than 12 years of competitive protection for the expensive products.


Posted by Orrin Judd at January 16, 2010 10:06 AM
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