Pelosi suggests parties can work together on 1099 provision

The provision, which is estimated to raise $17 billion over 10 years to pay for a new prevention and public healthcare fund, requires businesses and other groups to file 1099 tax forms to report purchases from a single supplier that total more than $600 in a year. The mandate is set to take effect in 2012. 

Lawmakers in both chambers have made attempts to eliminate the provision but couldn't reach an agreement on how to make up for the potential loss of offsets to pay for the healthcare law.