WASHINGTON Rep. Virginia Foxx, R-N.C., has introduced legislation to prevent tax-favored health savings accounts from being used to fund elective abortion. Foxx, who represents N.C.’s 5th Congressional District and is chairwoman of the House Committee on Education and the Workforce, is an active and well-known pro-life voice in Congress.”Few things demean the sanctity of human life more than elective abortion,” said Foxx. “It is unconscionable to force millions of taxpayers who hold that view to provide tax advantages for abortion expenses, particularly when such advantages are barred for other controversial uses.”Individuals with high deductible health insurance plans are eligible to open health savings accounts. Contributions to the accounts are tax deductible while the interest or other earnings on the assets in the accounts are tax-free. Participants can withdraw funds from the accounts on a tax-free basis to cover qualified medical expenses. Congress has already established limits on withdrawals from health savings accounts by establishing qualified medical expenses. Certain procedures such as elective cosmetic surgeries have been excluded from eligibility. Similarly, H.R. 2019 removes elective abortion as a qualified medical expense. Rep. Chris Smith, R-N.J., is an original co-sponsor of the legislation.
WASHINGTON, D.C. The U.S. government is allowing 15,000 additional H-2B visas for temporary seasonal workers to help American businesses in danger of suffering “irreparable harm” because of a shortage of such labor, the Department […]
BUCHAREST Former Queen Anne of Romania died on Monday in a Swiss hospital at the age of 92, the royal house said in a statement.Anne and her husband, former King Michael of Romania have […]
RALEIGH The North Carolina General Assembly made further progress this week regarding confirmation proceedings of Gov. Roy Cooper’s cabinet choices. The N.C. Senate confirmed Dr. Mandy Cohen as secretary of the N.C. Department of […]