US Senate plan delays corporate tax cut, won't repeal ObamaCare mandate

Politics Reuters

(Reuters)

U.S. Senate Republicans' version of a tax cut bill will delay corporate rate cuts by one year to take effect in 2019, and will not include a repeal of Obamacare's individual mandate, Republican Senate Finance Committee member Bill Cassidy said.

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"It’ll be in the initial proposal,” Cassidy, referring to the tax rate delay, told reporters ahead of the plan's release later on Thursday.

(Reporting by Susan Cornwell; Writing by Susan Heavey; Editing by Chizu Nomiyama)

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