House GOP Bill Takes ACA Repeal Off the Table

House Republicans on Monday again rejected President Trump’s push to use their tax bill to repeal a critical piece of the Affordable Care Act, instead making only modest changes to their legislation as they attempt to move it closer to a vote on the House floor.

House Ways and Means Committee Chairman Kevin Brady (R-Tex.) offered an amendment that would tweak the way the bill would tax the earnings of investment managers, cross-border transactions by multi­national corporations and the endowments of private universities.