Corker Says GOP to Scrap Health Bill's Investment Tax Repeal

Republican Senator Bob Corker said Thursday that he expects GOP leaders to scrap a provision in their health bill that would repeal a tax on investment income that affects high-income earners.

The Tennessee Republican said the decision to retain Obamacare’s 3.8 percent tax on net investment income would help Republicans boost subsidies for low-income people in the individual exchanges. Some other Republicans said they were willing to at least consider the idea.