President Donald Trump would use the Republican Party’s tax bill to repeal ObamaCare’s individual mandate, his tweets indicate. However, the tax reform bill will not include a repeal of ObamaCare’s individual mandate, sources told The Hill.
“Wouldn’t it be great to Repeal the very unfair and unpopular Individual Mandate in ObamaCare and use those savings for further Tax Cuts for the Middle Class. The House and Senate should consider ASAP as the process of final approval moves along. Push Biggest Tax Cuts EVER,” Trump tweeted.
Senator Tom Cotton gave this idea and House Freedom Caucus Chairman Mark Meadows supports it. Cotton and Trump spoke by phone about the idea and the President indicated his support, unnamed source told The Hill.
Some Republicans like House Ways and Means Committee Chairman Kevin Brady, Senate Majority Whip John Cornyn and Senator John Thune reject the idea and are afraid that the ObamaCare change would be a danger for the tax reform.
“Look, I want to see that individual mandate repealed. I just haven’t seen, no one has seen, 50 votes in the Senate to do it,” Brady said adding that if the Senate passed it first, he would be open to adding a repeal of the mandate to the House bill.
Meanwhile, Cornyn thinks that the tax reform is complicated enough without adding another layer of complexity. According to Thune, the mandate repeal was not a part of their deliberations, but some members were interested in the idea, including him and the reason for that are the revenue implications.
The estimations of the Congressional Budget Office say that the repealing of the mandate would save the government 416 billion dollars in ten years. The mandate requires people to pay a fine to the IRS if they don’t ave health insurance and experts say that it it’s repealed, there will be massive premium spikes and bigger number of people without insurance.
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