Senate Republicans have decided to repeal Obamacare’s individual mandate as part of their effort to reform the tax code. And they may have made their job harder in doing so.
According to the Congressional Budget Office, repealing the mandate would save approximately $338 billion over 10 years. Republicans want to use those savings to help offset the cost of lowering taxes in their reform effort. And they believe that the benefits of doing so outweigh any costs associated with injecting healthcare into the debate over tax reform.
But it’s too early to tell if their gambit will work.
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