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Repeal of Health Law’s ‘Onerous’ Business-Expenses Rule Fails By  Jeffrey Young  -  Nov 29, 2010 The U.S. Senate failed today to adopt language that would have repealed a rule, created by the health-care overhaul law, requiring businesses to report annual expenses to individual vendors in excess of $600. Eliminating the mandate, known as the 1099 rule after an Internal Revenue Service form used by businesses, would have reduced U.S. tax revenue by more than $19 billion over the next decade. Two amendments that would have repealed the requirement were rejected today; two similar measures failed in September. Senator  Max Baucus , a Montana Democrat who is chairman of the tax-writing Finance Committee, and Senator  Mike Johanns , a Nebraska Republican, sponsored today’s competing amendments, which would have been attached to a food-safety bill. Under the Senate rules for consideration of the amendments, 67 votes were needed for passage. The Baucus  measure , voted down 4