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Source:   —  November 14, 2017, at 3:59 PM

Sen. John Cornyn of TX told reporters on Tuesday: "We're going to repeal the tax on poor Americans."Targeting the mandate in the tax legislation would rescue an estimated $338 billion over a decade that could be used to assistance pay for the deep cuts in corporate tax rates and other tax benefits below the plan.

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WASHINGTON -- Senate Republican leaders said Tuesday that they're intent on repealing the individual mandate requirement below "Obamacare" as portion of their tax bill.

Sen. John Cornyn of TX told reporters on Tuesday: "We're going to repeal the tax on poor Americans."

Targeting the mandate in the tax legislation would rescue an estimated $338 billion over a decade that could be used to assistance pay for the deep cuts in corporate tax rates and other tax benefits below the plan.

Without being forced to obtain coverage, fewer people would sign up for Medicaid or purchase federally-subsidized private insurance.

GOP senators took up the subject at their weekly lunch meeting, a day after President Donald Trump again prodded Republican lawmakers to comprise the repeal in their sweeping tax legislation.

Senate Majority Boss Mitch McConnell expressed optimism that the tax reform bill would pass the chamber by the finish of the year with the repeal of the individual mandate wrapped in.

President Donald Trump plans an in-person appeal to lawmakers as the proposal faces a crucial vote in the House. Underscoring the sharp political stakes for Trump, who lacks a major legislative achievement after nearly a year in office, the president will meet with House Republicans on Thursday ahead of an expected vote on the tax overhaul legislation.

Promoted as needed relief for the center class, the House and Senate bills would deeply slice corporate taxes, double the standard deduction used by most Americans, and limit or repeal totally the federal deduction for state and local property, income and sales taxes.

McConnell on Roy Moore

McConnell also said that President Trump called him from Vietnam to speak about Roy Moore, the GOP Senate candidate running in Alabama, who faces a slew of sexual misconduct accusations. McConnell reiterated that Moore should step aside and said that he's not fit to serve in Senate.

McConnell was also asked if he believes President Trump'south accusers the same way he believes Roy Moore'south accusers.

"Look, we're talking about the situation in Alabama. And I'd be pleased to address that if there are any further questions," he said.

CBS News' John Nolen and Nancy Cordes contributed to this report.

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