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New Retirement Medical Account Proposal Would Create Lucrative Tax Shelter, Swell Deficits
Center on Budget and Policy Priorities
[Opinion] Apr. 19, 2004 Excerpt: Some Members of Congress, including Senate Majority Leader Bill Frist, have recently expressed support for a new health tax-cut proposal. The proposal, which would create new Retirement Medical Benefit Accounts (RMBAs) and was apparently designed by Fidelity Investments, first surfaced during negotiations last fall over the Medicare prescription drug legislation. MORE >> |
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