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Momentum to Repeal 1099 Requirement Slows Despite Widespread Support in Congress

Despite multiple attempts over the past several weeks to pass a repeal of the expanded 1099 requirement that is part of the healthcare law, so...
December 14, 2010

Despite multiple attempts over the past several weeks to pass a repeal of the expanded 1099 requirement that is part of the healthcare law, so far Congress has been unable to secure the votes necessary to do so. While most in Congress support repeal, action on the issue has fallen victim to Washington politics, with both parties wanting to take credit for the repeal. There is also disagreement over how to recover any lost revenue resulting from a repeal. Chances have become minimal at best that a repeal will happen this year during the lame-duck session of Congress. The upcoming Republican-led House of Representatives has vowed to repeal this language next year, before its implementation on January 1, 2012. The Senate, too, has pledged to act.

Click here to read GOP Says Nix to Democrats' Health Law Fix (Politico 12/13/10)

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