A 2.3 percent excise tax on medical device manufacturers was originally imposed in 2013 as one of several taxes and fees in the Affordable Care Act that pay for expanded health insurance under the law.
Congress suspended the tax for 2016 and 2017 with the expectation it would be permanently abolished before 2018. In 2017, various GOP...National News
The party line vote makes major changes.
The bill reflects a number of the Republican party’s priorities. In addition to cutting taxes, the bill also effectively repeals the Affordable Care Act's individual mandate requiring people to buy health insurance.
Repeal of the mandate actually will leave the health exchanges, subsidies...National News
Senators voted 52-48 to take up the House-passed legislation, which is being used as a vehicle for the Senate bill.
The party-line vote was an important victory for Majority Leader Mitch McConnell and President Trump. But it was not a guarantee of ultimate success, as several Republican lawmakers agreed to open debate on the bill so...National News
The Republican tax plans are looking a lot more like health-care bills, with provisions that may affect coverage and increase medical expenses for millions of families.
Bloomberg reports the House version of the tax bill would end a deduction that allows families of disabled children and elderly people to write off large medical...National News
If at first you don't succeed, try another goal.
Facing the August recess, Congress must decide how to spend the time remaining this year before the 2018 election year begins.
Read about what conservative political action groups are planning to spend millions of dollars supporting as the prospects of ACA repeal and replace fade....