this year by about 2% and the cadillac tax, the tax on high-value tax plans was causing vast disruptions in coverage that employer-sponsored coverage where most americans get their insurance. i can tell you, within our company, they are going to have to redo the health plan here and all companies across the country are having to think about that. this is actually, in that sense, helpful to workers. sure. i mean, some people call this corporate welfare. i mean, who works for these companies? it s most americans. so kim, what is the takeaway here for paul ryan, the new speaker of the house? how has he managed this process? i mean, the overall numbers and much of this was already baked in from the deal that john boehner had struck with president obama. how does paul ryan come out of this here at the end? it s not necessarily a knock on paul ryan, he couldn t get 218. the reality is, as joe alluded to, you always have a contingency of republicans who
implemented. that is stifling development, killing jobs. it is doing a lot of bad things in my district where we have many people who do work in that industry. so the fact that we re able to get a moratorium on the medical device tax is a huge win for us. think about it. i mean, now we can spend the next two years trying to drive a stake through its heart and eliminate that tax once and for all. on the cadillac tax, that s not been implemented. it will be in 2018, now pushed back to 2020. that is enormously complex, creating enormous hardships for many workers. i think the fact that we were able to make changes is a victory, yes, it doesn t repeal them outright, but it helps prevent some of many of our constituents. yeah, no, i agree with you. i speak to managers of businesses, this is one thing they keep mentioning as a reason they re not hiring anybody because they can t afford the benefits and the taxes around the affordable care. real quick on the immigration part of this, cong
the health insurance tax increased by 2% and the cadillac tax, tax on high-value health plans is causing vast disruptions in coverage in employee sponsored coverage where most americans get their insurance. i can tell you within our company they re going to have to redo the health plan here and all companies across the country have to think about that. this is actually helpful to workers. sure. i mean, some people call this corporate welfare. who works for these companies? it s most americans. so what is the takeaway here for paul ryan, the new speaker of the house? how has he managed this process? the overall numbers and much was already baked in from the deal that john boehner had struck with president obama. but how does he come out at the end? yeah. it isn t necessarily a knock on paul ryan he couldn t get 218. the reality is you always have a
20 years ago, now they are grown adults and still getting subsidies. what about obamacare delay in the taxes. some people say the this is a tax on medical devices and on high value health care plans. so-called cadillac tax. these are delayed now and some republicans are saying this is a problem because it makes it harder to repeal obamacare down the road. do you buy that? i m not sure. these are causing a lot of problems. the device tax was a drag on jobs and innovation.
device tax and a sales tax on health insurance. republicans would likely be pleased. the tax bill is something we are very happy about, very proud of, something we have been striving for for a long time. reporter: republicans are eeg tore lift the crude oil export ban. harry reid said that was the only hold up in one of subsidies for green energy projects. we made very clear to republicans if they want this, there must be included in this policy to reduce the carbon emissions and create renewable energy. reporter: criticized republicans for not wanting bankruptcy protection for puerto rico. a five year expense on the fund. once there s a deal, they hope to move quickly. we anticipate the votes will