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Senate retains Medicare taxes in effort to salvage healthcare bill

Senate leadership unveiled a new version of its health care legislation on July 13 that retains Medicare taxes and makes other changes meant to overcome persistent opposition from some Senate Republicans.The new draft of the Better Care Reconciliation Act of 2017 includes changes meant to attract both conservative and moderate Republican holdouts. For an outlook on the bill’s prospects and a side-by-side comparison of the House and Senate versions, read more in our Tax Legislative Update.