Turns out Trump thinks the tax bill also repeals Obamacare. It didn't, although the bill does chip away at one of the Affordable Care Act's foundations.
Here's what Trump told reporters before a Cabinet meeting at the White House on Wednesday morning.
"The individual mandate is being repealed. When the individual mandate is being repealed, that means Obamacare is repealed. Because they get their money from the individual mandate. So the individual mandate is being repealed. So in this bill, not only do we have massive tax cuts and tax reform, we have essentially repealed Obamacare and will come up with something that will be much better, whether it's block grants or whether it's taking what we have and doing something terrific. But Obamacare has been repealed in this bill. We didn't want to bring it up. I told people specifically 'be quiet with the fake news media because I don't want them talking too much about it. Because I didn't know how people would - but now that it's approved, I can say the individual mandate on health care, where you had to pay not to have insurance, okay, think of that one. You pay not to have insurance. The individual mandate has been repealed."
First take in the fact that Trump thinks (and is proud of!) the flawed idea that the tax bill sneakily repealed what Republicans were unable to do directly.
He thinks he was able to slip it into the bill by not talking about it. And he's proud of the idea -- which is incorrect -- that he tricked everyone.
Let's examine each part of what he said.
"The individual mandate is being repealed."
Senate Republicans, by the way, zeroed out the penalty as a way to help pay for the massive tax cut bill. That particular provision raised more than $380 billion, according to the CBO, but it didn't keep the tax bill from adding $1.5 trillion to deficits.
"When the individual mandate is being repealed, that means Obamacare is repealed. Because they get their money from the individual mandate. So the individual mandate is being repealed."
"So in this bill, not only do we have massive tax cuts and tax reform, we have essentially repealed Obamacare and will come up with something that will be much better, whether it's block grants or whether it's taking what we have and doing something terrific."
"But Obamacare has been repealed in this bill."
See above. Elements of the Affordable Care Act Republicans haven't been able to touch include protections for those with pre-existing conditions, the requirement that insurers provide comprehensive coverage, subsidies to reduce premiums of low- and moderate-income consumers and the expansion of Medicaid to low-income adults









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