Senate Keeps Medical Expense Deduction, But It Could Still Be Cut During Tax Bill Negotiations
Meanwhile, President Donald Trump is once again calling for lawmakers to include the repeal of the health law's individual mandate in their tax plan.
The Washington Post:
The Senate GOP Tax Bill Keeps The Medical Expense Tax Deduction
Let the negotiations begin. The Senate Republican tax bill differs in a lot of ways from the House version. And one chief difference is the deduction for medical expenses. It’s left alone in the Senate bill. House Republicans want it gone. (Singletary, 11/13)
The New York Times:
Trump Again Wades Into Tax Debate, Suggesting Repeal Of Obamacare Mandate
As Republican lawmakers worked on Monday toward a delicate compromise on a $1.5 trillion tax cut, President Trump threw himself back into the discussion, suggesting that Republicans could reduce taxes even further by repealing the Affordable Care Act’s mandate that most people have health insurance. (Rappeport and Kaplan, 11/13)
Roll Call:
From Asia, Trump Presses Tax Writers On Individual Mandate
President Donald Trump on Monday again pressed House and Senate Republican lawmakers to use tax overhaul legislation to end the 2010 health care law’s individual insurance mandate, something neither chamber’s plan includes. Tweeting just before midnight in Manila, Philippines, Trump laid down a marker for House and Senate Republicans as they continue work on their separate bills. The president wrote that he is “proud of the Rep. House & Senate for working so hard on cutting taxes {& reform.} We’re getting close!” (Bennett, 11/13)
