Will Tax Reform End the Individual Mandate?
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 6 December 2017
⏱️ 15 minutes
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| 0:46.7 | I'm Caleb Brown. |
| 0:47.7 | In the rush to pass tax reform, one change stands out, the end of the individual mandate, sort of. Senate Republicans would |
| 0:55.2 | like to not eliminate the penalty, but drive it down to zero. And that distinction |
| 1:00.0 | matters. The Cato Institute's Michael Cannon comments. |
| 1:05.4 | In the various reform proposals for Obamacare and now in the Senate tax bill, the individual |
| 1:11.3 | mandate has in a sense gone away in another sense it's still |
| 1:16.2 | there but explain what the Senate bill does with respect to the mandate and why this distinction |
| 1:24.6 | about between |
| 1:25.9 | getting rid of it and reducing it to zero is important |
| 1:30.1 | so obama care imposed this individual mandate which really had two parts. |
| 1:33.7 | It said you shall purchase health insurance and then the second part is if you don't |
| 1:37.3 | purchase health insurance there will be this penalty. |
| 1:41.0 | And if Republicans wanted to get rid of both parts of the mandate, the Senate |
| 1:45.6 | parliamentarian says you would need 60 votes in the Senate because you can't |
| 1:48.9 | touch that first part through the special reconciliation process that allows you to change |
... |
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