The Senate’s Health Care Bill is a Tax Cut for the Rich
Veteran health care is at the center of the Senate’s health care bill, as Senate Republicans plan to repeal the Affordable Care Act and replace it with a $1 trillion tax cut.
The Senate voted Monday to repeal much of the ACA and replace with a more regressive version of the plan.
The legislation also will dramatically reduce the number of people insured and increase costs for those who need coverage.
The bill would also eliminate the employer mandate that prevents people from being forced to buy insurance or face a fine.
It also would allow states to waive their individual mandate and allow insurers to charge people a lower premium.
While the House has not introduced its version of its bill, it is a tax cut for the rich.
It would allow the richest Americans to deduct their state and local tax deductions from their taxes.
In return, it would give them a tax break that would likely benefit them more than those at the bottom of the income scale.
This tax break is especially appealing for the super rich, as the plan would effectively cut their tax rate to 25 percent, from 35 percent under current law.
The plan also eliminates Obamacare’s individual mandate, and the Senate has already passed a version of it.
The tax cut is also important to the Republican base because it would allow millions of Americans to keep their health care coverage and pay for it out of pocket.
If passed into law, it will allow more than 10 million people to keep coverage under the plan, according to the nonpartisan Congressional Budget Office.
The health care overhaul was passed by the Senate with a simple majority of 51 to 49 votes, but Republicans are not expecting it to be approved by the House before the end of the year.
Democrats are expected to hold up the legislation for weeks, and many are saying that they are ready to move on to other priorities.
The Congressional Budget Bureau has estimated that if all the GOP health care changes were enacted, the bill would cause 22 million people under the age of 65 to lose their insurance by 2026.
While some have criticized the bill for cutting Medicaid funding and cutting taxes for the wealthy, it has been criticized for failing to provide much in the way of help for low-income Americans.
The House passed its version with an amendment that would have kept some of the Medicaid expansion.
That bill was defeated by Democrats and the amendment was pulled out of the final bill.
The GOP health bill would increase the deficit by $1.2 trillion over the next decade and add $6.5 trillion to the national debt over the same period.