WASHINGTON- Office of Management and Budget (OMB) Director Mick Mulvaney on Sunday said the Trump Administration would not object if Senate Republicans decide to remove language from their tax reform bill that would repeal the Obamacare individual mandate.
“If it becomes an impediment to getting the best tax bill we can, then we’re OK with taking it out,” Mulvaney told CNN’s State of the Union.
Mulvaney reiterated that the administration still supports repealing the individual mandate, which according to the Congressional Budget Office (CBO) would cut the deficit by $338 billion over the next decade.
The legislation cannot increase the deficit by more than $1.5 trillion if it is to conform with budget reconciliation rules.
Reconciliation lowers the threshold for breaking a filibuster and allows the Senate to pass tax reform legislation with a simple majority as opposed to sixty votes.
Three Republican defections likely would kill the legislation given that the upper chamber’s 46 Democrats and two independent members are almost certain to oppose the bill.
Sen. Ron Johnson (R-Wis.) last week said he will not support the bill in its current form and several of his fellow upper chamber Republicans have said they are undecided as to how they might vote.
The House version of the bill, which passed last week, does not include language repealing the individual mandate.