The Republican plan to repeal and replace Obamacare cuts taxes for the wealthiest Americans and could affect billions in revenues over the next decade. How are Democrats reacting? WSJ’s Jason Bellini has #TheShortAnswer. Photo: APWASHINGTON—A fight is brewing among congressional Republicans over whether a planned tax overhaul should pay for itself. The plan favored by House Speaker Paul Ryan (R., Wis.) and Senate Majority Leader Mitch McConnell (R., Ky.) aims to be revenue-neutral: Lowering taxes without increasing the deficit—though their math comes with some...

Source: Wall Street Journal March 08, 2017 10:30 UTC