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Warner, Davis push ''premium conversion'' tax break.

Publication: The Washington Times
Publication Date: 20-MAY-03
Format: Online - approximately 539 words
Delivery: Immediate Online Access
Full Article Title: Warner, Davis push ''premium conversion'' tax break.(NATION)(FEDERAL REPORT)

Article Excerpt
Byline: Mike Causey, THE WASHINGTON TIMES

Federal workers could get a tax break when they retire that could be used for much better health insurance coverage under a bill being pushed by two key Republican power brokers.

The bills by Rep. Thomas M. Davis III and Sen. John W. Warner, both of Virginia would allow federal retirees and postal workers to pay their health premiums with pretax dollars, lowering their taxable income.

The "premium conversion" perk will save the average...

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