{"id":2057,"date":"2020-01-18T15:20:15","date_gmt":"2020-01-18T15:20:15","guid":{"rendered":"http:\/\/lonecandle.com\/?p=2057"},"modified":"2020-01-18T15:20:15","modified_gmt":"2020-01-18T15:20:15","slug":"congress-repealed-major-elements-of-obamacare-and-almost-no-one-noticed","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=2057","title":{"rendered":"Congress Repealed Major Elements of Obamacare and Almost No One Noticed"},"content":{"rendered":"\n<p>\n\n&#8220;at the tail end of 2019, Congress repealed three significant components of Obamacare.&nbsp;<br><\/p>\n\n\n\n<p>The three repealed provisions were all&nbsp;<a href=\"https:\/\/www.healthaffairs.org\/do\/10.1377\/hblog20191220.115975\/full\/\" target=\"_blank\" rel=\"noreferrer noopener\">taxes<\/a>, each of which was included in the initial legislation as a way of raising revenue to pay for the hundreds of billions in spending the law called for. By far the biggest of the three was the so-called Cadillac tax, which was expected to raise about $197 billion over the next decade. Congress also nixed the law&#8217;s health insurance tax, projected to raise $150 billion over 10 years, and the medical device tax, projected to raise $25.5 billion. All three taxes were eliminated as part of a $1.4 trillion year-end budget bill that President Trump signed at&nbsp;<a href=\"https:\/\/www.govexec.com\/management\/2019\/12\/president-trump-signs-spending-bills-averting-midnight-shutdown\/162069\/\" target=\"_blank\" rel=\"noreferrer noopener\">the last possible<\/a>&nbsp;minute in order to keep the government open.&#8221;<\/p>\n\n\n\n<p>&#8230;<\/p>\n\n\n\n<p>&#8220;The elimination of three health care taxes will increase the deficit by $373 billion.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-embed-wordpress wp-block-embed is-type-wp-embed is-provider-reason-com\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"mk3PpN3S98\"><a href=\"https:\/\/reason.com\/2020\/01\/07\/congress-repealed-major-elements-of-obamacare-and-almost-no-one-noticed\/\">Congress Repealed Major Elements of Obamacare and Almost No One Noticed<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Congress Repealed Major Elements of Obamacare and Almost No One Noticed&#8221; &#8212; Reason.com\" src=\"https:\/\/reason.com\/2020\/01\/07\/congress-repealed-major-elements-of-obamacare-and-almost-no-one-noticed\/embed\/#?secret=YsC7fwhX7Q#?secret=mk3PpN3S98\" data-secret=\"mk3PpN3S98\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;at the tail end of 2019, Congress repealed three significant components of Obamacare. <\/p>\n<p>The three repealed provisions were all taxes, each of which was included in the initial legislation as a way of raising revenue to pay for the hundreds of billions in spending the law called for. By far the biggest of the three was the so-called Cadillac tax, which was expected to raise about $197 billion over the next decade. Congress also nixed the law&#8217;s health insurance tax, projected to raise $150 billion over 10 years, and the medical device tax, projected to raise $25.5 billion. All three taxes were eliminated as part of a $1.4 trillion year-end budget bill that President Trump signed at the last possible minute in order to keep the government open.&#8221;<\/p>\n<p>&#8230;<\/p>\n<p>&#8220;The elimination of three health care taxes will increase the deficit by $373 billion.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[76,303,7,278,77,141],"class_list":["post-2057","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-aca","tag-cadallic-tax","tag-debt","tag-deficit","tag-obamacare","tag-taxes"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/2057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2057"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/2057\/revisions"}],"predecessor-version":[{"id":2058,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/2057\/revisions\/2058"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}