The Cadillac Tax may be on the ropes, but it's certainly not a goner.

Congress suspended the implementation of the controversial excise tax on expensive health plans as part of a year-end spending deal, but unless it acts again, the tax will go into effect in 2020.

And acknowledging the challenges that Congress faces in approving a policy that has prompted backlash from business, labor and political leaders on both sides of the aisle, President Obama has floated an alternative Cadillac Tax that he hopes will be more feasible politically.

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