The Senate draft healthcare bill unveiled Thursday takes a similar approach to ObamaCare's taxes as the House bill — repealing most of them with the exception of the Cadillac tax.
The Cadillac tax, which applies to high-cost health insurance plans, would be delayed until 2026 in both the Senate and House bills. The tax is unpopular with both Republicans and Democrats and has never taken effect. However, the tax has been estimated to raise a significant amount of revenue that could help pay for other provisions in the bills.
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