Cornyn Says Tax Bill Mandate Repeal Makes Obamacare ‘Unworkable’

Gold Silver Reports – Cornyn Says Tax Bill Mandate Repeal Makes Obamacare ‘Unworkable’ – The No. 2 Senate Republican said Tuesday that the GOP’s tax bill will make Obamacare “unworkable,” which he hopes will force Democrats into negotiations to replace the law.

Asked about the failure of the GOP’s efforts to overhaul the Affordable Care Act, Senator John Cornyn of Texas noted the tax measure will repeal the penalty for not buying health insurance, a central element of the Affordable Care Act.  

“Arguably, doing away with the individual mandate makes the Affordable Care Act unworkable — not that it was particularly great beforehand,” Cornyn said. “Hopefully this will precipitate the bipartisan negotiation on what we need to do as an alternative.”

Republicans are considering another effort to repeal and replace the broader law next year, but will have one fewer vote to do so after Democrat Doug Jones won the Alabama Senate special election.

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Senator John Thune, the No. 3 Senate Republican, also said he hoped there would be a bipartisan deal but said another option is trying to find 50 votes for a modified version of the Graham-Cassidy repeal bill. That bill failed to get 50 votes earlier this year. – Neal Bhai Reports

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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