"The Taxpayer Assistance and Simplification Act of 2008" would require that all Health Savings Account disbursements be substantiated by the year 2011, was passed by the House of Representatives by a vote of 238 to 139. Those in favor of the bill argue there is too much potential for abuse if HSA expenses continue to be self-attested by account holders. Those against the bill claim it could ultimately slow the growth of consumer driven health care.
To read more the bill, click here.
To read more about the Bush Administration's stance on this bill, click here.
