In addition to a package of bills that would make the individual tax cuts permanent, the House is expected to consider legislation this week that would delay or roll back multiple tax provisions in the Affordable Care Act.
The Save American Workers Act (H.R. 3798) would:
- Increase the threshold for the employer mandate from 30 hours to 40 hours per week (10-year cost: $19 billion)
- Repeal employer mandate penalties for 2015-2018 ($26 billion)
- Delay the “Cadillac tax” on high-cost insurance plans from 2022 to 2023 ($14 billion)
- Repeal the tanning tax ($0.4 billion)
The total cost for the provisions is about $59 billion, according to calculations by the Committee for a Responsible Federal Budget, based on data from the Congressional Budget Office.
Add interest costs of $14 billion, and the final total cost of the provisions comes to $73 billion over 10 years.