Mitch McConnell: GOP Only Needs 51 Votes to Overturn Mandate

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4. but the tax doesn't fund the insurance industry, so he can't repeal the regulations

i'm not clear on the reconciliation process, but assuming he's right, i'd tend to agree that what matters is what it IS, regardless of the terminology used in the law.

but he can only legitimately use reconciliation to repeal the tax/penalty.
he can't use it to repeal all the restrictions on the health insurance industry because the tax goes to the treasury and doesn't fund the health insurance industry or the restrictions.

at least, that would be my interpretation. i'm quite confident that republicans will completely ignore any such logic and use any excuse to repeal the whole thing.