The Senate’s version of the tax overhaul plan will include a repeal of the individual mandate of the Affordable Care Act.
The move accomplishes two things: it’s a way to help pay for the major tax cuts the tax overhaul wants to accomplish, and it does away with a key part of the ACA that Republicans have long been against.
Furthermore, the Senate has announced that its version would sunset their tax cuts for individuals by 2025, while the suggested tax cuts for corporations would remain permanent.
What are the chances of its passage in the Senate?
Guest:
Sahil Kapur, a national political reporter for Bloomberg News based in D.C. who’s been following the story; he tweets @sahilkapur