The following article by Mike DeBonis and Damian Paletta was posted on the Washington Post website November 14, 2017:
Senate Majority Leader Mitch McConnell (R-Ky) said on Nov. 14, he was “optimistic” about adding the individual mandate repeal to the tax bill. (The Washington Post)
Senate Republican leaders moved Tuesday to include a repeal of the Affordable Care Act’s individual mandate in their tax bill, a major change of strategy as they try to accomplish two of their top domestic priorities in a single piece of legislation.
They also announced that the individual tax cuts in the plan would be made temporary, expiring at the end of 2025 to comply with Senate rules limiting the impact of legislation on the long-term deficit. A corporate tax cut, reducing the rate from 35 to 20 percent, would be left permanent. Continue reading “Senate GOP changes tax bill to add Obamacare mandate repeal, make individual income cuts expire”