CBO Lowers Savings Projections For Individual Mandate Repeal

Cheryl Sanders
November 8, 2017

The House is unlikely to repeal the mandate to buy insurance under ObamaCare as part of its tax-reform bill, GOP sources say, though the issue could return down the road.

Given that several Republican bills aimed at unraveling the ACA have failed, Trump and his deputies are now seeking other ways to scale back the requirement for health-care coverage. "I want to make sure we have reasonable assumptions in the process for growth estimates". The U.S. House of Representatives unveiled its tax plan last week, and the Senate's plan is expected to be released on Thursday.

Walker said "a lot of" GOP lawmakers advocated for repealing the mandate during a closed-door conference meeting Tuesday.

Republicans are considering repealing the coverage rule in the Affordable Care Act as a way to pay for far-reaching changes in the tax code.

Internal Revenue Service (IRS) data suggests that 6.5 million Americans paid penalties for failing to maintain health insurance coverage in 2015.

Brady said on Monday that the repeal of the certain Obamacare taxes would not be included in the tax reforms.

Mr. Brady noted that efforts to repeal the mandate couldn't get through the Senate, which rejected a "skinny repeal" of the health care law over the summer. Tom Cotton (R-AR) pushed to include a repeal of the individual mandate in the Tax Cuts and Jobs Act.

"When given the opportunity to actually address even part of an Obamacare repeal with a simple majority, our leadership consistently finds excuses to justify their failure", said a conservative House lawmaker.

Eliminating the individual mandate outright would spark a political firestorm among Democrats as well as some centrist Republicans, because it is seen as a powerful incentive to encourage healthier consumers to sign up for health insurance.

Republicans say the money saved could go towards tax reform if the legislation passes.

The Republican, who was granted anonymity to speak candidly, said that top leaders eyeing the vote counts had voiced concerns about losing as many as a dozen GOP votes in the House and three or four in the Senate.

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