AP sources: Senate GOP would halt Obamacare penalties, taxes
Departing from the House-approved version of the legislation — which President
It would also largely retain the subsidies Obama provided to help millions buy insurance, which are pegged mostly to people's incomes and the premiums they pay.
Senate Majority Leader
"We believe we can do better than the Obamacare status quo, and we fully intend to do so," said McConnell, R-
McConnell was unveiling his plan even as
Facing unanimous Democratic opposition,
GOP
"They seem to be enthusiastic about what we're producing tomorrow," No. 2
At a campaign-style rally Wednesday in
He also suggested he would be willing to change the bill
Scrapping Obama's 2010 statute is a top priority of Trump and the
The sources said that in some instances, the documents McConnell planned to release might suggest optional approaches for issues that remain in dispute among
That could include the number of years the bill would take to phase out the extra money Obama provided to expand the federal-state Medicaid program for the poor and disabled to millions of additional low earners.
The
The
To help pay for its expanded coverage to around 20 million people, Obama's law increased taxes on higher income people, medical industry companies and others, totaling around
Also like the House bill, the
Earlier Wednesday, conservative Sen.
"I'm still hoping we reach impasse and we go back to the idea we started with, which is repeal Obamacare," Paul said. "I'm open to keeping some of Obamacare. I'm not open to Obamacare lite."
Moderate Sen.
Trump Budget’s Deep Cuts to Block Grants Underscore Danger of Block-Granting
Bipartisan Governors’ Health Priorities Conflict with GOP Bill’s Key Provisions
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News