Millionaires would win big under Republicans' bill to repeal Obamacare. That's because the legislation, which started moving through the House this week, would eliminate two surcharges on the rich that help pay for Obamacare. The GOP bill, titled the American Health Care Act, also calls for repealing a host of other taxes, including those on insurers, medical device makers and prescription drug makers. Related: Millions could lose insurance under GOP Obamacare repeal bill, S&P reportsThese provisions are likely to leave millions unable to afford insurance, experts say. The Congressional Budget Office is expected to release its review of the bill on Monday that will detail the impact on coverage.
Source: CNN March 11, 2017 23:59 UTC