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House GOP Weighs Repeal of Health Mandate in Tax Bill

Posted on Thursday, November 9, 2017 7:16 PM

The Republicans are trying to repeal the ObamaCare tenet that all people have insurance or face a financial penalty.  This is a step that is being pushed by President Trump, and has been since his campaign.

“The Congressional Budget Office has estimated that repealing the individual mandate would save $416 Billion over a decade.  That’s because without it, fewer people would enroll in Medicaid or buy federally subsidized coverage on insurance exchanges.  The money represents a tempting revenue source for GOP tax writers whose plan for extensive tax cuts would add an estimated $1.5 trillion to the nation’s debt over 10 years.”

For the full article click here 

For additional reporting on this topic click here to read Conservatives push to Repeal ObamaCare mandate in tax package


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