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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKey Republicans Want to Scrap Health Bill's Tax Cuts for Wealthy
BloombergPolitical Wire
Several Senate Republicans began to question whether their health-care bill should repeal a tax on high-income Americans imposed by Obamacare when the legislation would scale back subsidies for the poor, Bloomberg reports.
Scaling back the tax cuts could provide a path to winning over key moderate senators who have recoiled at the soaring premiums and deductibles for millions of low-income people as scored by the CBO, and the estimated 22 million fewer people who would have insurance in a decade. Meanwhile, conservatives have pushed to wipe out all of the taxes, though senators like Ted Cruz have not insisted every tax cut remain as part of an overall deal. Conservatives have been focused more on cutting regulations to lower premiums.
marylandblue
(12,344 posts)defacto7
(13,485 posts)Make it highly improbable to pass because of an irrelevant tax break based on an archaic failed economic idea... then yank it at the most opportune moment and voilà.... pass a terrible and usless health care bill while everone is breathless.
geek tragedy
(68,868 posts)then they've merely tweaked Obamacare.
defacto7
(13,485 posts)If they passed that so called health care bill, next comes the budget. They would find a way to keep the tax break but do it within the budget. Then health care would lose support in the budget. I wouldn't underestimate the GOP's caniving ways.
Squinch
(50,954 posts)brer cat
(24,572 posts)geek tragedy
(68,868 posts)tax cut and use it to fund subsidies for low income people--then we can repeal Obamacare!"
If they want to declare that kind of victory, okay by me.
moonscape
(4,673 posts)a tax-cut bill?
I know! Let's not do the tax cut and call it Trumpcare! Trump wouldn't care, nor would Obama. Win win!
LeftInTX
(25,364 posts)Only McConnell would consider bipartisanship a threat