It’s DONE, the people on Capitol Hill have come through on their promises to repeal and replace Obamacare and just introduced a bill to do that.
— Fox News (@FoxNews) March 6, 2017
From The Hill:
The two measures dismantle the core aspects of ObamaCare, including its subsidies to help people buy coverage, its expansion of Medicaid, its taxes and its mandates for people to have insurance. (READ THE BILLS HERE AND HERE.)
In its place, Republicans would put in place a new system centered on a tax credit to help people buy insurance.
From Washington Examiner:
The tax credits proposed by Republicans would be age-based, not income-based as they are under Obamacare. But in the bill released Monday, they would be reduced for individuals earning more than $75,000 and for households earning more than $150,000. Individuals earning more than $215,000 couldn’t receive any of the tax credits.
Now we can only wait and see if Republicans can get this through Congress and onto Trump’s desk.
Let’s see what happens. What do you think?
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