Bloomberg News

Reid Seeks to Add Penalties to Contractor Withholding Repeal

November 15, 2011

Nov. 8 (Bloomberg) -- U.S. Senate Majority Leader Harry Reid said he wants to add penalties for tax-cheating contractors to a bill that would repeal a withholding requirement on contractors.

He said he won’t change a provision that would affect eligibility for Medicaid and other federal health-care programs.

Reid, a Nevada Democrat, spoke in Washington today.

--Editors: Jodi Schneider, Bob Drummond

To contact the reporter on this story: Richard Rubin in Washington at rrubin12@bloomberg.net

To contact the editor responsible for this story: Mark Silva at msilva34@bloomberg.net


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