Sen. Claire McCaskill to Orrin Hatch: Your Tax Bill Is a Fraud

Democratic Missouri Sen. Claire McCaskill boiled over this week when she realized the Republicans' bait-and-switch on their proposed tax overhaul.

As part of their tax bill, the Republicans propose repealing the Obamacare mandate -- a fee levied on those who don't sign up for health coverage. Those funds will be end up being replaced by lower-income people -- for the benefit of corporations -- McCaskill pointed out.

"If you're getting rid of [the mandate and the money it generates] how does miraculously $320 billion show up for you to spend on corporations? I'll tell you why, because you're eliminating $185 billion in payments of subsidies to people who are getting insurance," McCaskill said, directing her ire at Senate Finance Committee Chairman Orrin Hatch.

The Utah senator contended that the bill would not cut Medicaid, but the Congressional Budget Office disagreed -- their analysis said Medicaid would see $25 billion in cuts and add $1.5 trillion to the deficit.