Republicans Want To Take Another Whack At Obamacare In Tax Reform Bill
Source: TPM
By Alice Ollstein Published October 31, 2017 11:12 am
In a continuation of the 2017 truism that Republican efforts to repeal the Affordable Care Act are never truly dead, a gang of House and Senate lawmakers led by Sen. Tom Cotton (R-AR) are working to insert a provision into the long-awaited tax reform bill that would gut the ACA’s individual mandate.
“I’ve been working for some time with the House Ways and Means Committee and our Finance Committee,” Cotton told reporters Monday night. “Almost every colleague with whom I have spoken is favorably disposed to repealing the individual mandate of Obamacare as part of our tax package.”
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Cotton’s office did not respond to TPM’s inquiry as to his source for that budget-saving estimate, but it appears to come from a 2011 report by the Congressional Budget Office that found the government would only save money because repealing the mandate would “substantially reduce the number of people with health insurance coverage.”
Not only would millions of young and healthy Americans choose to go uninsured because there is no penalty, the report found, but millions more who need and want it would be priced out of the market because premiums would shoot up to cover a disproportionately sick population........................................
Read more: http://talkingpointsmemo.com/dc/cotton-individual-mandate-obamacare-tax-cuts
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