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Friday, 1 December 2017

Factbox: Republicans to watch in U.S. Senate tax bill fight

Factbox: Republicans to watch in U.S. Senate tax bill fightSome key U.S. senators still had concerns about the Republican tax bill in the Senate, as a procedural motion to formally open debate on the measure was approved on Wednesday. SUSAN COLLINS The moderate senator from Maine has qualms about Republicans’ plan to include in the tax bill a repeal of a federal fee imposed on people who do not comply with Obamacare's "individual mandate." The fee is meant to encourage young, healthy people to get health insurance so that premiums are affordable for old, sick people. Collins and others fear repealing the fine would drive up insurance premium costs, canceling out tax-cut gains that many of their constituents might get from the tax bill.




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