National Health Council Statement on Reconciled Tax Bill
"While there is some good that has come out of the reconciliation process, there are some major problems in the Tax Cuts and Jobs Act that we just can't ignore. By eliminating the individual mandate,
"In addition, by doubling the standard deduction,
"Finally, the budget impact will likely trigger automatic cuts to Medicare and social safety net programs, impacting the health and wellbeing of Americans and widening a gap that can't be filled by the shrinking nonprofit sector.
"We do appreciate this agreement removes some of the most harmful provisions included in the House bill. By maintaining the medical expense deduction, those with chronic diseases and disabilities will be more able to afford life-saving treatments. And while we do not like seeing a 50 percent reduction of the Orphan Drug Tax Credit, we are pleased it is not fully repealed, which would have a chilling effect on research for rare disease treatments.
The
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