A tax cut of about a trillion dollars

Republicans promised to repeal both sources of financing for the law. But they couldn’t make the numbers add up if they eliminated all the financing sources in Obamacare, so they left the spending cuts in place, and instead focused on repealing the part that Republicans in Washington hate the most: taxes on the rich. So the bill is built on a tax cut of about a trillion dollars over a decade that benefits the rich almost exclusively:

WA04 Insurance Tax Cuts #1