House Republicans yesterday introduced a plan to repeal the Affordable Care Act and replace key pieces of it with high-risk health pools and tax credits that benefit industry experts oppose, saying it would undermine the employer-sponsored health care system in place today.
The Republican Study Committees American Health Care Reform Act would fully repeal the ACA and create an above-the-line tax deduction applied to both income and payroll taxes of $7,500 for individuals or $20,500 for a family available to all Americans with qualifying health insurance.
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