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Obamacare Repeal House Vote Scheduled For March 23

by Mike Godfrey, Tax-News.com, Washington

20 March 2017

The US House of Representatives will vote on the American Health Care Act (AHCA) on March 23, House Speaker Paul Ryan told Fox News Sunday.

Ryan said the bill must first pass through the Rules Committee, which is likely to propose changes to the bill. Its input and those of the Budget Committee and others will be reflected in the bill, Ryan said.

AHCA includes measures to repeal the majority of tax provisions in the Obamacare legislation, including the Medicare surtax; the net investment tax, levied on investment income above certain thresholds; the individual and employer mandates; and the premium tax credit.

Asked about whether the bill will likely pass, Ryan said: "I feel very good about it actually; I feel like it's exactly where we want to be. The reason I feel so good about this is because the president has become a great closer. He's the one who was helped negotiate changes to this bill with members from all over our caucus."

TAGS: tax | investment | corporation tax | legislation | United States | individual income tax

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