Mar
27

Ongoing Obamacare

acaThe inability of Republicans to repeal and replace Obamacare with the AHCA via the relatively easy reconciliation process, bodes poorly for tax reform. This is because the $337 billion in savings over the next decade from gutting Obamacare, was key to “paying for” a substantial reduction in tax rates without dramatically raising the deficit. Now, expect a much-reduced tax cut and nothing approaching a full overhaul of the tax code.

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