ABSTRACT

Potential Policy Implications of the House Reconciliation Bill (H.R. 3762) [November 13, 2015]   [open pdf - 691KB]

"The FY2016 budget resolution (S.Con.Res. 11) established the congressional budget for the federal government for FY2016 and set forth budgetary levels for FY2017-FY2025. It also included reconciliation instructions for House and Senate committees to submit changes in laws to reduce the federal deficit to their respective budget committees. On October 23, 2015, the House Budget Committee marked up a reconciliation bill containing provisions submitted by three committees--Ways and Means, Energy and Commerce, and Education and the Workforce--pursuant to the reconciliation instructions included in the FY2016 budget resolution. The House reconciliation bill--H.R. 3762, the Restoring Americans' Healthcare Freedom Reconciliation Act of 2015--would repeal several provisions of the Patient Protection and Affordable Care Act (ACA; P.L. 111-148, as amended). These provisions are as follows: [1] the individual mandate; [2] the employer mandate; [3] the excise tax on high-cost employer-sponsored coverage (the Cadillac tax); [4] the medical device tax; [5] the Independent Payment Advisory Board (IPAB); [6] the auto-enrollment requirement for large employers; and [7] the Prevention and Public Health Fund (PPHF). […] The Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) estimate that the House reconciliation bill would reduce federal deficits by $78.1 billion over the 2016-2025 period. This report provides background on the reconciliation process and summarizes the provisions in H.R. 3762, including their projected budgetary impact. It then briefly examines some of the bill's policy implications. The report will be updated as necessary to reflect key legislative developments."

Report Number:
CRS Report for Congress, R44238
Author:
Publisher:
Date:
2015-11-13
Series:
Copyright:
Public Domain
Retrieved From:
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html
Format:
pdf
Media Type:
application/pdf
URL:
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