Latest Senate ACA Repeal Effort Falls Short

September 27, 2017

The Senate announced that the Graham-Cassidy bill to repeal the Affordable Care Act would not be brought forward to a vote. The bill was announced approximately two weeks ago and seemed to have some momentum. However, Senators McCain (R-AZ) and Paul (R-KY) quickly came out against the bill. On Monday, Senator Collins (R-ME) announced that she would vote no, leading to the bill's collapse.

Under the budget reconciliation process, the Senate could pass the bill with 50 votes, with Vice President Mike Pence casting a tie-breaking vote. As there are 52 Republicans in the Senate, the GOP could only afford to lose 2 votes. With Sen. Collins announcement, Republicans became officially 1 vote shy. The ability to pass a repeal of the ACA under the reconciliation process ends September 30. After that, any repeal effort would require a minimum of 60 votes. As it currently stands, the ACA is the law of the land.  All mandates and reporting requirements must continue to be met or penalties will be assessed.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.



Sovos was built to solve the complexities of the digital transformation of tax, with complete, connected offerings for tax determination, continuous transaction controls, tax reporting and more. Sovos customers include half the Fortune 500, as well as businesses of every size operating in more than 70 countries. The company’s SaaS products and proprietary Sovos S1 Platform integrate with a wide variety of business applications and government compliance processes. Sovos has employees throughout the Americas and Europe, and is owned by Hg and TA Associates.
Share This Post