Tags: us congress | tax bill | obamacare

Hatch Defends 'Obamacare' Repeal in Tax Bill

Hatch Defends 'Obamacare' Repeal in Tax Bill

Wednesday, 15 November 2017 01:36 PM

The head of the Senate's tax-writing committee is defending the decision to include in the tax bill a repeal of the Obamacare requirement for Americans to get health insurance.

Republican Sen. Orrin Hatch, the chairman of the Senate Finance Committee, said Wednesday the requirement that nearly everyone have insurance coverage or face a fine is a tax.

Hatch said that's a "terribly regressive tax that imposes harsh burdens on low- and middle-income taxpayers." His panel started a third day of work Wednesday on the tax overhaul legislation.

Democrats angrily protested the move. Repealing the mandate would raise an estimated $338 billion that could help pay for deep tax cuts, especially for corporations. Budget analysts say it would push 13 million Americans off the insurance rolls over the next decade.

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The head of the Senate's tax-writing committee is defending the decision to include in the tax bill a repeal of the Obamacare requirement for Americans to get health insurance.
us congress, tax bill, obamacare
129
2017-36-15
Wednesday, 15 November 2017 01:36 PM
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