W&M ACA Overhaul Repeals Hospital Insurance Trust Fund Tax For High Earners

Democrats blasted the GOP health overhaul package as hurting Medicare, and a Democratic congressional aide pointed to concerns that a provision repealing a Medicare hospital tax levied by the Affordable Care Act on those with incomes over $200,000 could shorten the life of the Medicare Part A trust fund. Senate Finance Committee ranking Democrat Ron Wyden (OR) said the package “steals money from Medicare to give a massive tax break to the wealthy,” and House Democratic Whip Steny Hoyer (MD)...