It would allow Americans to sock more money away for health spending in special tax-free health savings accounts. (The white paper is silent on two Obamacare taxes that target wealthier Americans, but other Republican plans have proposed eliminating them. What the plan doesn’t do, currently, is change any of the Obamacare regulations on health insurance that Republicans say drive up the cost. Under this proposal, the health plans would look largely the same, but the way the government helps people pay for them would change. But it’s far less generous to the poor, and unlikely to provide the health insurance for “everybody” that President Trump envisions.

Source: New York Times February 16, 2017 23:16 UTC