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.
RALEIGH N.C. legislative leaders filed a request that a three-judge panel and the N.C. Court of Appeals affirm that Senate Bill 68 complies with the law and to dismiss a lawsuit filed by Governor […]
Singer-guitarist Glen Campbell, the “Rhinestone Cowboy” who went on a farewell tour to play hits such as “Wichita Lineman” and “Gentle on My Mind” before Alzheimer’s disease robbed him of talents, died on Tuesday at […]
John Glenn, who became one of the 20th century’s greatest heroes as the first American to orbit Earth and later as the world’s oldest astronaut, in addition to a long career as a U.S. senator, […]