WASHINGTON (AP) — In the first comprehensive Republican alternative to President Barack Obama's health care plan, a large group of House conservatives is unveiling legislation that provides an expanded tax break for consumers who purchase their own health care and increases government funding for high-risk pools.
The plan endorsed by the Republican Study Committee would let individuals who purchase coverage claim a deduction of $7,500 against income and payroll taxes, regardless of the cost of the insurance. Families could deduct $20,000.
The committee claims a membership of 175 members, about three-quarters of the House Republican rank and file. The introduction of the legislation comes at a time when the party's leadership has yet to advance any comprehensive alternative to what they call "Obamacare," despite promising to "repeal and replace" it three years ago.