In the United States, Senate Republicans have added a repeal of the Affordable Care Act’s individual health insurance mandate to their plan to overhaul the U.S. tax code. The plan would end a requirement that most Americans obtain health insurance or face a tax penalty—a linchpin in keeping President Obama’s signature healthcare law from collapsing. Meanwhile, the Congressional Budget Office warned Tuesday that the House Republicans’ tax bill would trigger $25 billion in cuts to Medicare next year. Both the House and Senate plans would shower billions of dollars in tax cuts on the wealthiest Americans.
Senate Tax Bill Would End Health Insurance Mandate
HeadlineNov 15, 2017