Senate GOP insisting on 'Obamacare' repeal for tax overhaul

Wednesday, 15 November 2017, 06:45:45 AM. WASHINGTON — Senate Republicans said Tuesday they are intent on repealing the health care law requirement that Americans get health insurance, targeting the provision as a way to finance deep tax cuts in their far-reaching overhaul.The surprise renewal of the failed effort to repeal the law's mandate came a day after President Donald Trump renewed pressure on GOP lawmakers to include the repeal
WASHINGTON — Senate Republicans said Tuesday they are intent on repealing the health care law requirement that Americans get health insurance, targeting the provision as a way to finance deep tax cuts in their far-reaching overhaul. The surprise renewal of the failed effort to repeal the law's mandate came a day after President Donald Trump renewed pressure on GOP lawmakers to include the repeal in their tax legislation. It has sharp political stakes for Trump, who lacks a major legislative achievement after nearly 10 months in office. The move by Republicans in the Senate Finance Committee upended the debate over the tax measure just as it was inching closer to passage following months of fine-tuning and compromise. It turned the debate into an angry partisan referendum on health care and President Barack Obama's signature law. Beyond Trump's prodding, the repeal move also was dictated by the Republicans' need to find revenue sources for the massive tax-cut bill that calls for steep reductions in the corporate tax rate and elimination of some popular tax breaks. "We are optimistic that inserting the individual mandate repeal would be helpful; that's obviously the view of the Senate Finance Committee Republicans," Majority Leader Mitch McConnell, R-Ky., told reporters. The "Obamacare" mandate requires most people to buy health insurance coverage or face a fine. Without being forced to get coverage, fewer people would sign up for Medicaid or buy federally subsidized private...Read more
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