Tax Break for Federal Retirees

Federal and military retirees would get to pay for their health insurance with pre-tax money under a plan before Congress. That'd give them a tax break on their insurance. Federal employees have had the break since 2000, but it doesn't apply to retirees. Sen John Warner (R-VA), and Reps Tom Davis III (R-VA) and Jon Porter (R-NV) want it extended. The idea ran into trouble before because it extends the tax break to only government retirees -- not all retirees. The cost is also pretty steep. It costs about $480 per employee per year for the tax break now. (WashPost)