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Senate 1099 Vote on Tuesday

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Senate 1099 Vote on Tuesday

April 4, 2011

The Senate will vote Tuesday on a House-passed bill that would repeal the 1099 tax-reporting requirement from the health care law. The repeal is supported by both parties, but the Obama administration and some Senate Democrats share concerns about offsetting the costs that the 1099 form would have brought in. Obama had said the revenue must be offset, most likely through tax increases, but he would not veto the measure.