Subject: FW: Text of tax deal released
From: Chris Jennings <[email-masked]>
To: John Podesta <[email-masked]>
Date: Wed, 16 Dec 2015 06:34:29 +0000

John:  Because of your interest in the risk corridor/cadillac tax issues, I thought you might interested in the below.  Hope your asleep, though.

Chris

Chris Jennings
President
Jennings Policy Strategies, Inc.
Suite 500
1301 Pennsylvania Avenue, N.W.
Washington, D.C.  20004

(202) 879 9344 work
(202) 879-9340 fax

From: Chris Jennings <[email-masked]<mailto:[email-masked]>>
Date: Wednesday, December 16, 2015 at 1:32 AM
To: Jake Sullivan <[email-masked]<mailto:[email-masked]>>, Ann O'Leary <[email-masked]<mailto:[email-masked]>>, Mike Shapiro <[email-masked]<mailto:[email-masked]>>
Subject: FW: Text of tax deal released

Guys:  I am sure you probably already know this, but attached is the text of the tax extenders, which was just released.  As we expected, there are two year delays in the cadillac AND device tax provisions included in the ACA. And, as I mentioned the other day, the hoped for one-year delay in the health insurance tax (HIT) was included - it will take place in 2017, which should help moderate premium increases next year.  There is some indication that the health plans will release a statement that will confirm the passage/enactment of this provision will suppress premium increases (much as the application of the risk corridor policy would have).  While this is not as targeted as the risk corridor policy would have been (and will effectively reward the bad and the good plans), it is good news for us.  It also lays the predicate for some of the ACA reforms we discussed the other day.  Lastly, since we mentioned the desire to make the R&D tax extender permanent (in our provision that bans taxpayer underwritten direct-to-consumer -DTC - ads, linking the savings to making the R&D tax credit permanent), we might wish to highlight our pleasure with this (as well as the cadillac tax and HIT provisions).  Anyway, just some late night thoughts.

Chris

Chris Jennings
President
Jennings Policy Strategies, Inc.
Suite 500
1301 Pennsylvania Avenue, N.W.
Washington, D.C.  20004

(202) 879 9344 work
(202) 879-9340 fax

From: POLITICO Pro <[email-masked]<mailto:[email-masked]>>
Reply-To: POLITICO subscriptions <[email-masked]<mailto:[email-masked]>>
Date: Wednesday, December 16, 2015 at 12:18 AM
To: Chris Jennings <[email-masked]<mailto:[email-masked]>>
Subject: Text of tax deal released

By POLITICO Pro Staff

12/16/2015 12:15 AM EDT

The House tonight released the text of a major tax deal that Republican leaders announced. It can be found here: http://bit.ly/1NSzFO8<http://go.politicoemail.com/?qs=92d5e3d6f3ee1bf047095b046143ba2a18d8ddd27b9056cacf36a38ba28f7e48>

To view online:
https://www.politicopro.com/health-care/whiteboard/2015/12/text-of-tax-deal-released-065126<http://go.politicoemail.com/?qs=92d5e3d6f3ee1bf0b8337fce55f129af9cc9e56469c2f386c9c1c691c4a89789>

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