Obama Backs Repeal of 3% Federal Contractor Tax Withholding
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The Obama administration supports U.S. House bills that would repeal a 3 percent withholding requirement for government contractors and pay for it by altering the eligibility for Medicaid and other health programs.
The statements of support today from the White House Office of Management and Budget leave the Senate as the only hurdle to the repeal effort. The House will begin consideration of the repeal tomorrow and could hold a final vote by Oct. 27.