This year we have been tracking the evolution of healthcare in the United States under the Trump administration, from the American Health Care Act (AHCA) and the Better Care Reconciliation Act (BCRA) bills failing to pass through Congress, the expiration of the Children’s Health Insurance Plan (CHIP) which covers 9 million children—many of whom have chronic health conditions—to Executive Orders undermining the Affordable Care Act (ACA; aka Obamacare) to the effect of destabalizing the insurance markets, causing confusion among consumers and higher premiums and out-of-pocket costs. More recently the U.S. Congress has been focused on tax reform, though critics have described efforts as a healthcare repeal disguised as a tax bill. This week the nonpartisan Congressional Budget Office (CBO) has scored the Senate’s Tax Cuts and Jobs Act bill that, if passed, could take effect on January 1, 2018.
For those concerned with America’s growing debt, the CBO analysis finds the $1.4 trillion would be added to the federal deficit over the next decade. Critics decry raising taxes for lower-income families while lowering