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Healthcare Bill retains tax on wealthy, divisions remain

The legislation retained two taxes on the wealthy that helped pay for the Obamacare law


Senate Republican leaders, aiming to salvage efforts backed by President Donald Trump to dismantle the Obamacare law, on Thursday unveiled revised healthcare legislation that lets insurers sell bare-bones policies and retains key taxes on the wealthy.’ US Senate Majority Leader Mitch McConnell, known as a skillful tactician, released the updated legislation in a bid to unite disparate Republican factions and make good on his party's seven-year mission to gut Democratic Former President Barack Obama's signature legislative achievement. The proposal replaces an earlier ...

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First Published: Fri, July 14 2017. 02:01 IST