The House is scheduled to vote next Wednesday to repeal the new health care law and the reconciliation bill that accompanied it. The legislation will leave intact an overhaul of the student loan industry that was passed as part of the reconciliation measure.
AFBF supports repeal of the health care law and will send a letter upon adoption of the rule, which is expected Friday.
Farm Bureau backs health insurance reform, but it must be workable, sustainable and be balanced against the overall cost of doing business. Farm Bureau believes that new taxes, including Form 1099 reporting, coverage mandates and growth in government programs passed as part of the Health Care and Education Reconciliation Act far outweigh proposed benefits.
The repeal bill is expected to pass the Republican-controlled House and fail in the Democratic Senate. Even if both houses pass repeal, President Barack Obama is expected to veto the bill.