Politics

Unions to Get Obamacare Tax Delay in Senate Budget Deal

President had ruled out a deal that included any conservative goals

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Labor unions are poised to score the delay of an ObamaCare tax in the bipartisan budget deal emerging in the Senate.

The bargain under negotiation would make small adjustments to the healthcare law, including delaying the law's reinsurance fee for one year. The three-year tax is meant to generate revenue that will stabilize premiums on the individual market as sick patients enter the risk pool.