Trump suggests repealing ObamaCare mandate in tax bill

President Trump on Wednesday suggested using the GOP tax bill to repeal ObamaCare’s individual mandate.

“Wouldn’t it be great to Repeal the very unfair and unpopular Individual Mandate in ObamaCare and use those savings for further Tax Cuts,” Trump tweeted. 

Wouldn’t it be great to Repeal the very unfair and unpopular Individual Mandate in ObamaCare and use those savings for further Tax Cuts…..

— Donald J. Trump (@realDonaldTrump) November 1, 2017 

….for the Middle Clbad. The House and Senate should consider ASAP as the process of final approval moves along. Push Biggest Tax Cuts EVER

— Donald J. Trump (@realDonaldTrump) November 1, 2017

The idea is being pushed by Sen. Tom CottonTom CottonSenators introduce surveillance reform bill Overnight Defense: Kelly defends Trump on calls to families of fallen troops | Pentagon launches probe into deadly Niger attack | McCain floats subpoena Trump changes to Iran deal face criticism from both sides MORE (R-Ark.). A Cotton spokeswoman told The Hill that Cotton and Trump spoke by phone about the idea over the weekend and “the President indicated his strong support.”

Senate Finance Committee Chairman Orrin HatchOrrin Grant HatchOvernight Cybersecurity: Lawmakers grill Trump officials over Kaspersky threat | Trump camp distances itself from data firm | What we know about Bad Rabbit | Conservative groups back data privacy bill Right-leaning groups back international data privacy bill Overnight Health Care: Bipartisan health plan faces new challenge from conservatives MORE (R-Utah) this week said that he wouldn’t rule out including repeal of the mandate in the tax legislation.

But other top Republicans have rejected the idea, including House Ways and Means Committee Chairman Kevin BradyKevin Patrick BradyUS wins trade case over ‘dolphin safe’ tuna labeling Overnight Finance: House adopts Senate budget, taking step to tax reform | GOP worries Trump feuds will endanger tax plan | Trump talks NAFTA withdrawal with senators | Treasury calls for looser oversight of insurers The Hill’s 12:30 Report MORE (R-Texas), Senate Majority Whip John CornynJohn CornynAdvocates pan Trump effort on opioid crisis Dallas Morning News: Cornyn ‘betrays’ GOP by backing Roy Moore Overnight Finance: House adopts Senate budget, taking step to tax reform | GOP worries Trump feuds will endanger tax plan | Trump talks NAFTA withdrawal with senators | Treasury calls for looser oversight of insurers MORE (R-Texas) and Sen. John ThuneJohn Randolph ThuneTrump feuds endangering tax reform Flake, Corker push Trump criticism to new level Overnight Health Care: Bipartisan health plan faces new challenge from conservatives MORE (R-S.D.). They fear adding the ObamaCare change would jeopardize tax reform.

“Look, I want to see that individual mandate repealed,” Brady said during an interview with radio host Hugh Hewitt on Tuesday. “I just haven’t seen, no one has seen, 50 votes in the Senate to do it.” 

Brady added that he would be open to adding a repeal of the mandate to the House bill if the Senate pbaded it first. 

Asked Wednesday about the president’s tweet, Senate Majority Whip John Cornyn (R-Texas) threw cold water on the idea.

“I think tax reform is complicated enough without adding another layer of complexity,” Cornyn told The Hill.

Thune, meanwhile, said mandate repeal is “not currently a part of our deliberations.”

But Thune added that some members have expressed interest in the idea and said he was “somewhat” interested in it because of the revenue implications.

Sen. Mike RoundsMarion (Mike) Michael RoundsOvernight Health Care: Bipartisan health plan faces new challenge from conservatives Overnight Finance: Disaster aid bill heads to Trump’s desk | Ryan says tax bill coming next week | Trump asks senators for show of hands on Fed choices | Senators race to repeal consumer arbitration rule Trump asks senators to choose next Fed chair by show of hands MORE (R-S.D.) on Tuesday also dismissed adding a repeal of the mandate to tax reform.

“If there was a way to do it, I’d be open to it, but I’m not going to pitch it because I want to focus on taxes in the tax reduction plan,” Rounds told reporters.

The Congressional Budget Office has estimated that repealing the mandate would save the government $416 billion over a decade.

The mandate requires people, with some exceptions, to pay a fine to the IRS if they do not have health insurance.

Experts have said repealing the mandate would result in mbadive premium spikes and a major increase in the number of uninsured people.

It could also send ObamaCare exchanges into a “death spiral” because it would discourage healthy younger individuals to sign up for insurance.

Asked about it on Wednesday after Trump’s tweet, Hatch again did not rule out the move, but cautioned that he wants to keep health care separate from tax reform, a point echoed by GOP aides.

 

“I think we ought to do tax reform. If they want to do something on health care they can do that separate,” Hatch said. It was not clear who “they” referred to.

 

“I’d have to really look at all sides of that. I’ve never been very excited about the individual mandate,” Hatch said.

– This story was updated at 12:51 p.m.




Source link

Leave a Reply