Senate GOP Includes ACA Mandate Repeal In Tax Plan

Law360, Washington (November 14, 2017, 3:52 PM EST) -- The Senate Finance Committee modified its tax plan late Tuesday to repeal the Affordable Care Act’s individual mandate and sunset a number of individual tax provisions, including the estate tax exemption, to meet a budgetary requirement to not increase the deficit after 10 years.

After two days of deliberations and a tweet on Monday from President Donald Trump urging lawmakers to slash the ACA’s penalty for individuals who fail to purchase health insurance and lower tax rates for the middle class, the Finance Committee modified its...
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