BREAKING NEWS: Senate Clears the Way for Repeal of Obamacare - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 12, 2017 Newswires
Share
Share
Post
Email

BREAKING NEWS: Senate Clears the Way for Repeal of Obamacare

Congressional Documents & Publications

January 12, 2017

MEDIA CONTACT: SBC - Joe Brenckle 202-224-2586

Senate Clears the Way for Fast Track Repeal of Obamacare

WASHINGTON D.C. - The United States Senate today approved a resolution, S. Con. Res. 3, which clears the way for consideration of legislation that would fast track repeal of Obamacare. The measure now moves on to the United States House of Representatives for consideration. Sponsored by Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, the resolution will provide the tools necessary to repeal Obamacare through the budget reconciliation process and allow it to pass with a simple majority in both the Senate and the House. Enzi noted that the next budget for FY 2018 will focus on putting the nation on a more responsible and sustainable fiscal path and address government's out of control spending and mammoth national debt.

"The Senate today has taken the first step to repairing the nation's broken health care system, and in a few short weeks, we will focus on how best to make the government live within its means in order to reduce our out of control spending and confront our mammoth national debt," said Chairman Enzi. "This resolution will set the stage for true legislative relief from Obamacare that Americans have long demanded, while ensuring a stable transition in which those with insurance will not lose access to health care coverage."

The resolution includes:

*Tools to allow repeal legislation to move through a fast-track process and pass with a simple majority in the Senate, as in the House, with the intent of sending legislation to the new President's desk as soon as possible.

*Reconciliation instructions to four authorizing committees - Ways and Means and Energy and Commerce in the House, Finance and Health, Education, Labor, and Pensions in the Senate - to achieve at least $1 billion each in deficit reduction over 10 years (fiscal years 2017 through 2026).

*Deadlines for the authorizing committees to report legislation to the Senate and House Budget Committees by January 27, 2017. The legislation will be combined for consideration on the floors of the respective Chambers.

*Reserve funds necessary to accommodate legislation to repeal and replace Obamacare, and accommodate patient-centered health care reform legislation in the future.

Joe Brenckle

Communications Director

Senate Budget Committee

Chairman Mike Enzi (R-WY)

202-224-2586

Older

Republican-led Senate to Move Forward on ‘Obamacare’ Repeal

Newer

Obamacare Chaos Hurting American Families

Advisor News

  • House panel advances CLEAR Forms Act backed by IRI
  • Modifying life insurance based on evolving needs
  • Gen X faces ‘pension envy’ as they head into retirement
  • Your client wants to cash out an annuity. Here’s what to consider
  • How student loan debt impacts 401(k) balances
More Advisor News

Annuity News

  • A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
  • AM Best to Discuss Its Views on Private Credit Surge and Risks at 2026 NAIC/NIPR Insurance Summit
  • OID recovers $260M in life insurance benefits
  • NUNN BILLS TO COMBAT PAYMENT SCAMS, CUT FINANCIAL RED TAPE PASS FINANCIAL SERVICES COMMITTEE
  • SS&C Black Diamond Expands Annuities & Insurance Marketplace with New Insurance Capabilities and Carriers
More Annuity News

Health/Employee Benefits News

  • DISB ANNOUNCES APPROVED 2027 HEALTH INSURANCE RATES; RIGOROUS REVIEW PROTECTS DC CONSUMERS AND SMALL BUSINESSES
  • Did Ryan Fazio vote to raise health insurance costs by $800 like Ned Lamont claims?
  • Solutions, not slogans, are needed for rural Ohio.
  • JEFF STONE: Trust In The Medical Industry
  • The Rising Cost of Healthcare, Explained
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Insurance Life Is Uncertain Get Life Insurance
  • Judge OKs class action against State Farm over PHL life insurance policies
  • AM Best Assigns Credit Ratings to Lasso Healthcare Insurance Company
  • A-Cap insurers face new takeover push in South Carolina
  • AM Best Affirms Credit Ratings and Assigns National Scale Rating to Allianz Ayudhya General Insurance Public Company Limited
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.