The effects of a repeal of ACA

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The complicating factor here is that there are two separate attempts at using reconciliation: one for health care and another for a tax overhaul. The plan was to use the fiscal 2017 process for health care and the fiscal 2018 process for the tax code. The health-care course has been set, with lawmakers approving a budget resolution in January that contained repeal-and-replace instructions. But Congress hasn’t passed a separate resolution with instructions for a tax rewrite using reconciliation.

So a new resolution could be the Republicans’ ticket to a fresh crack at health care and tax reform. As Ed Lorenzen of the Committee for a Responsible Federal Budget explains, such resolutions are supposed to pass in the spring before a fiscal year begins. That means now, since fiscal 2018 begins Oct. 1. “The window is closing, in that they can’t really even start the process on tax reform until they pass a new budget resolution,” Lorenzen said. Citi analysts wrote in a note on Thursday that Republicans could include their health bill in the fiscal 2018 reconciliation bill, together with tax reform. But they say the strategy is risky given lawmakers’ “limited bandwidth” to address the two issues at the same time.

Here’s how Republicans could get another shot at health care and taxes - MarketWatch