WASHINGTON (AP) — A large group of House conservatives unveiled legislation Wednesday providing expanded tax breaks for consumers who purchase their own insurance and increasing the government funding for high-risk pools, the Republicans’ first comprehensive alternative to President Barack Obama’s health care overhaul.

Under the proposal by the Republican Study Committee, individuals who purchase coverage approved for sale in their state could claim a deduction of $7,500 against their income and payroll taxes, regardless of the cost of the insurance. Families could deduct $20,000.

Recommended Stories

US drones join the hunt for Colombia’s deadliest guerrilla group as Venezuela switches sides

Seventh Circuit weighs whether Education Department can cut grants tied to DEI

Outage hits Microsoft Outlook, impacting more than 120,000 users