12:49 AM EDT Thursday, January 14, 2010
White House reaches deal with labor on 'Cadillac tax'
The White House has reached a tentative agreement with labor leaders to tax high-cost health insurance policies, sources said Thursday. The agreement clears one of the last major obstacles on the path to final passage of comprehensive health care legislation. The so-called Cadillac tax is a key source of financing for the legislation, and President Obama has insisted that it be included in the package.
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