Rand Paul to offer ObamaCare mandate repeal in Senate tax bill
Source: The Hill
BY NAOMI JAGODA - 11/14/17 11:56 AM EST
Sen. Rand Paul (R-Ky.) said Tuesday that he will propose amending the Senate GOP tax bill to repeal ObamaCare's individual mandate and create a property-tax deduction similar to that in the House bill.
"Today I am announcing my intention to amend the Senate tax bill to repeal the individual mandate and provide bigger tax cuts for middle income taxpayers," Paul said on Twitter. "The mandate repeal is a promise we all made and we should keep. It also allows an additional $300 billion+ in tax cuts."
Paul expressed concerns that the Senate tax bill would increase taxes on some because it repeals the full state and local tax deduction. The House bill repeals the deductions for state and local income and sales taxes but keeps a deduction for property tax deductions up to $10,000.
"My amendment will fix a problem in the Senate bill where many taxpayers would see a tax increase because of the loss of state and local deductions," he tweeted. "I will introduce a similar deduction as the House plan, making the tax reform plan more fair for everyone."
Read more: http://thehill.com/policy/finance/360287-rand-paul-seeking-obamacare-mandate-repeal-in-senate-tax-bill
Link to tweet
CrispyQ
(36,562 posts)maxsolomon
(33,461 posts)bye bye ACA.
Rand Paul and his father are cancers on the body politic.
karynnj
(59,510 posts)The question is whether this amendment would be favored by 50 or more Senators. It also would not necessarily destroy ACA. To PASS ACA we needed it because it was needed to make the numbers work in terms of affordable premiums without increasing the deficit. There is no requirement that that remain the case.
The BIGGEST problem is that many "young invincibles", who as a group, have low medical costs relative to the whole population, might opt to "self insure". However, very few are really in the position where they could do that. Some of those people will become ill and some will have accidents. The entire point of insurance is that you pay for insurance to get coverage if you are in that unlucky group. There are two major impacts to that - 1) The average premium for those remaining will increase as the average expected costs will rise for the remaining sicker or older population. 2) There will be tragic situations of the unlucky now healthy people who opt out of insurance, who then need it. We will be back into the days where hospitals treat many very ill or injured people without insurance. Does the federal government need to create a larger fund for these unpaid hospital costs?
J_William_Ryan
(1,761 posts)hasn't been paying attention.
FakeNoose
(32,908 posts)The people of Kentucky can't afford healthcare unless you keep the ACA.
But what the hell, you've got the greatest healthcare for free. Don't you Paul?
Even after you're voted out of office, you'll still get better healthcare than any of your constituents.
Won't you?
Corgigal
(9,291 posts)Why was he only arrested on a class 4 misdemeanor?
Why does Paul claim he doesn't know why?
Landscaping, really? No one in Kentucky believes it. I wish a investigational reporter would get curious because their maybe a back story here that puts Paul back in a box he can't get out of.
murielm99
(30,784 posts)was still in the hospital.
Rhiannon12866
(206,803 posts)Personally, I think he needs much more rest.
murielm99
(30,784 posts)My ribs are bruised and sore from a fall. They were not broken, but badly bruised. I had a mild concussion. My head healed before my ribs.
The whole thing make me tired. i don't see how he can function.
Rhiannon12866
(206,803 posts)That sounds uncomfortable as hell! Hope you start feeling better soon.
As for Rand Paul, his doctor should have done all of us a favor and prescribed an extended period of bed rest.
sprinkleeninow
(20,270 posts)diva77
(7,683 posts)I googled - had trouble finding names -- time to call up senators to pressure them to vote NO !!!