WASHINGTON – House Republicans want to limit tax breaks for insurance policies that cover abortions as lawmakers try to chip away at President Barack Obama’s health overhaul.
The House Ways and Means Committee scheduled a vote Thursday on legislation that would prevent people from deducting the cost of an abortion from their taxable income. The bill also would prevent small businesses and taxpayers from using tax credits in the new health care law to provide or pay for insurance policies that cover the procedure.
If women pay for an abortion using tax-free income set aside in a health savings account, the money would have to be reported as taxable income. There would be exceptions for cases of rape or incest, or if a physician certified that a woman’s life would be in danger if she didn’t end the pregnancy.
Current law bars federal money for abortion, with the same exceptions as those in
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