Rand Paul to 'likely support' GOP tax bill, aide says

Rand Paul to 'likely support' GOP tax bill, aide says

Rand Paul to 'likely support' GOP tax bill, aide says

"So there's a benefit to folks if the repeal goes away".

He said it would ultimately be up to House and Senate negotiators to figure it out.

A liberal group has launched an advertisement in ME encouraging Sen. Susan Collins of ME, who says the issue should be dealt with separately. "I only pray that the Senate can stop it".

It also gave Senate Republicans an opportunity to go after the law known as Obamacare, which they have been unable to repeal and replace despite years of promises to the conservative base to do so.

Adding the mandate repeal freed up more than $300 billion in additional revenue, according to the nonpartisan Congressional Budget Office, allowing Senate Republican tax writers more flexibility to pay for the deep tax cuts they seek. She expressed hope that it would be dropped from the proposal or that a plan to mitigate its effects, which she and other senators are pushing, would be adopted. Patty Murray and Tennessee Republican Sen. Collins also appeared on ABC's "This Week", as did Short.

Trump said Monday before a Cabinet meeting that a tax overhaul "will bring urgent to relief to hardworking families".

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Sen. Bernie Sanders, a Vermont independent, blasted the GOP tax bill, calling it a "terrible, awful piece of legislation" and warning it would balloon the deficit.

"The Trump Republican tax plan would leave us lost in the wilderness just to pay for huge tax cuts for the wealthy ... and it cuts access to affordable health care, including coverage for opioid addiction", a narrator says in the ad, which was provided to NBC News in advance of its first airing. "There is a reason why the billionaire class provides hundreds of millions of dollars in campaign contributions to Republicans, and now is payback time".

One key difference between the bills is the repeal of the individual mandate.

"The studies indicate that when you repeal the individual mandate, what you're going to see is premiums go up for everybody else by about 10 percent because your pool of consumers will be older and sicker", he said.

"When they run up a one-and-a-half trillion dollar deficit, as they will in this legislation, they're going to come back. with massive cuts to Social Security, Medicare and Medicaid because they say, 'Oh my goodness, the deficit and the national debt are too high, '" Sanders added. He said that the administration would focus on health care, infrastructure and welfare "soon after taxes". A Kaiser Family Foundation survey released last month found that few people said the mandate motivated them to buy insurance, and 92 percent of people who buy insurance on the individual market said they would continue to do so even if the government stopped enforcing the mandate's penalty, which tops out at $695, or 2.5 percent of income, whichever is higher.

Speaking on the same program, White House legislative affairs director Marc Short said the White House is "very comfortable with the House bill" because it achieves its top priorities on taxes.

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