Republicans turn their irresponsible tax bill into monumentally unwise social policy

Republicans turn their irresponsible tax bill into monumentally unwise social policy

The Washington Post
By Editorial Board
Image courtesy of Andrew Harrer/Bloomberg

Republican Senators remade their tax bill into an Obamacare repeal bill, announcing Tuesday that they inserted an Obamacare sabotage device into the text. In a stroke, they turned a fiscally irresponsible tax plan into a monumentally unwise piece of social policy that would do much more than widen the deficit. If passed, it would be the most significant health-care shift since the 2010 Affordable Care Act — and in a decidedly negative direction.

The Senate GOP’s new bill would eliminate Obamacare’s “individual mandate,” which requires all Americans to get health coverage if they can afford it. Independent health-care analysts and the Congressional Budget Office, Congress’s official scorekeeper, agree that this move would deeply undercut the Obamacare system. The CBO estimated last week that ending the mandate would lead to 13 million more Americans lacking health-care coverage.

Yet, for Republicans, the coverage loss is not a regrettable side effect of an otherwise sensible policy. It is the point. Fewer people covered means that the federal government would save money that the treasury would have otherwise spent on their health care, such as by helping them buy health insurance or offering them Medicaid — $338 billion over a decade. Republicans want to use that cash to help finance the rest of their tax bill. They could have removed some of the bill’s expensive and unnecessary giveaways to the wealthy, such as its rollback of the estate tax. But they opted instead to raise money by ballooning the ranks of uninsured.

 

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