Tax Breaks for Insurance Company CEOs = Middle Class Families #PayMoreForLess

For those of you who aren’t tuned into the Ways and Means Committee markup this evening, here’s what you missed…

From Politico Pro: Committee approves tax break for insurers

“The Ways and Means Committee approved a provision expanding a tax break for health insurers, becoming the first provision in the House’s Obamacare repeal bill to make it through the committee.”

“The panel voted along party lines, 23-16,in favor of the measure, which would repeal Obamacare’s cap on tax deductions for insurers’ executive salaries.”

“Just before the vote, Reps. David Schweikert (R-Ariz.) and Tom Rice (R-S.C.) defended the provision, arguing that insurers will pass on their savings to consumers.”