Bill to repeal health insurance tax hits 218 co-sponsors

by Sam Baker - 09/21/12 9:11 PM ET

{mosads}Boustany’s bill would repeal the health law’s tax on insurance plans — a policy critics say would raise premiums at a time when millions of new people will be coming into the insurance marketplace.

“There are fundamentals problems with Obamacare with much of it being flawed,” Boustany said in a statement. “My bill will stop an $87 billion tax that will raise Americans’ health insurance premiums.”

The National Federation of Independent Business also supports the repeal bill, saying the insurance tax will fall squarely on small businesses.

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