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unhip white guy

(78 posts)
Wed Nov 15, 2017, 05:20 AM Nov 2017

Senate Plans to End Obamacare Mandate in Revised Tax Proposal

Source: New York Times

By THOMAS KAPLAN and JIM TANKERSLEY NOV. 15, 2017, 12:07 AM ET

WASHINGTON — Senate Republicans have decided to include the repeal of the Affordable Care Act’s requirement that most people have health insurance into the sprawling tax rewrite, merging the fight over health care with the high-stakes effort to cut taxes.

They also have made a calculated gamble to help speed their bill to passage on a party-line vote: Republicans revealed late Tuesday they would set all of their tax cuts for individuals to expire at the end of 2025, to comply with a procedural requirement. Their deep cut in the corporate tax rate would remain permanent.

Both the expiration decision and the move to tuck the repeal of the so-called individual mandate into the tax overhaul are attempts by Republicans to solve two problems: math and politics. Repealing the mandate, a longstanding Republican goal, would save hundreds of billions of dollars over the next decade. That would free up money that is earmarked to expand middle-class tax cuts.

Setting individual provisions to expire helps hold down the overall cost of the bill, which can add no more than $1.5 trillion to the deficit over 10 years and cannot add to deficits after 10 years. Mandate repeal could also help secure the votes of the most conservative senators, enabling lawmakers to pass the bill along party lines.

Read more: https://www.nytimes.com/2017/11/14/us/politics/tax-plan-senate-obamacare-individual-mandate-trump.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news



This really is starting to get sickening. No pun intended. This isn't funny!
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Sunlei

(22,651 posts)
1. Republicans jiggle THEIR tax bill to add "no more than $1.5 trillion to the deficit over 10 yrs"
Wed Nov 15, 2017, 07:29 AM
Nov 2017
Republicans tax bill will add 1.5 trillion to deficit in only 10 years!

Bernardo de La Paz

(60,320 posts)
3. Republicans hate deficits only when out of power. They love the 1% & mil-indust complex. . nt
Wed Nov 15, 2017, 07:47 AM
Nov 2017

Sunlei

(22,651 posts)
4. just think, USA would have 100 new schools instead of trumps 30 trips to golf course.
Wed Nov 15, 2017, 07:54 AM
Nov 2017
the squandering quickly adds up to trillions and trillions of "loss" for ALL Americans

Sunlei

(22,651 posts)
2. "Republicans tax bill will add 1.5 trillion to deficit in only 10 years!" MIDTERM ELECTION MATERIAL
Wed Nov 15, 2017, 07:35 AM
Nov 2017

start early please, before Rs cram us with another law hard to change back.

Fritz Walter

(4,370 posts)
5. This explains why they're hyping the Moore controversy: SQUIRREL!
Wed Nov 15, 2017, 07:55 AM
Nov 2017

Not to mention Twitler's latest stunt, confusing the Rancho Tehama CA mass shooting with the one in Sutherland Springs, TX.

Distract, deflect, deny,...

aeromanKC

(3,895 posts)
7. How soon they forget about their Virginia debacle
Wed Nov 15, 2017, 08:15 AM
Nov 2017

Healthcare was the number one issue for voters. Senators, please proceed.

wolfie001

(7,698 posts)
10. Their long term strategy is to break......
Wed Nov 15, 2017, 08:59 AM
Nov 2017

.....Medicare, Medicaid and Social Security! They are some racist, redneck sick f$cks!!!!

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