ACA repeal consequences

[kathyc2]

I haven't heard any of my thoughts about the following this in the news, so hopefully I'm totally off base. The text of the bill says the repeal will be "as if the act was never enacted". Without any other legislation what will that do to us this tax season as to advance payment reconciliation, net investment tax, additional medicare tax, etc?

https://www.congress.gov/bill/115th-.../175/text?r=19

[TaxGuyBill]

I don't see how that bill could ever pass into law with only that verbiage. It would need to address when it takes affect and/or what happens for things that took place prior to the bill being passed.

[David1980]

Without a super majority in the senate HR 175 isn't likely to go anywhere. Instead they'll do what they can through budget reconciliation.

https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/aca-repeal-bills.aspx

As you can see there's been a bunch of different bills introduced. It'd be a waste of time to discuss the ramifications of each one since most are not going anywhere.

[kathyc2]

Without a super majority in the senate HR 175 isn't likely to go anywhere. Instead they'll do what they can through budget reconciliation.

https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/aca-repeal-bills.aspx

As you can see there's been a bunch of different bills introduced. It'd be a waste of time to discuss the ramifications of each one since most are not going anywhere.

It does appear that I found a different bill than what is currently working it's way through Congress. Whew!

[Rapid Robert]

You'd think with so much practice, 57 previous votes to repeal the ACA, they would have it down pat by now. But expecting competence from Congress is so Twentieth-century.