Tax Credits Are No Substitute for Obamacare

Tax Credits Are No Substitute for Obamacare
AP Photo/Andrew Harnik, File

After much uncertainty about what President Trump would propose as a replacement for the Affordable Care Act, he opened his kimono before Congress on Tuesday and came down firmly on the side of a structure that would leave millions of Americans with weaker health insurance or none at all.

At the heart of that approach would be providing tax credits to all individuals without other coverage to buy insurance, in place of the tax credits and subsidies that Obamacare affords lower and middle-income Americans.



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