Top Republican To Press For $705B Defense Budget - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Washington Wire
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
Washington Wire RSS Get our newsletter
Order Prints
June 26, 2017 Washington Wire
Share
Share
Post
Email

Top Republican To Press For $705B Defense Budget

Associated Press

WASHINGTON (AP) — Senate Republicans skeptical about a GOP health overhaul bill are expressing some doubt about holding a vote this week as they await a key analysis from the nonpartisan Congressional Budget Office. President Donald Trump, making a final push to fulfill a key campaign promise, insists Republicans are not "that far off" and signaled last-minute changes are coming to win votes.

"We have a very good plan," Trump said in an interview aired Sunday. Referring to Republican senators opposed to the bill, he added: "They want to get some points, I think they'll get some points."

So far, five Republican senators are expressing opposition to the Senate GOP plan that would scuttle much of former President Barack Obama's health law. That's more than enough to torpedo the measure developed in private by Senate Majority Leader Mitch McConnell, R-Ky., and deliver a bitter defeat for the president.

The holdouts are expressing willingness to negotiate, but many of them are pushing revisions that could risk alienating moderate Republicans in the process.

Sen. Susan Collins, R-Maine, said seven to eight additional senators including herself were troubled by provisions in the Senate bill that she believes could cut Medicaid for the poor even more than the House version. Collins, who also opposes proposed cuts to Planned Parenthood, said she was awaiting the CBO analysis before taking a final position. But she said it will be "extremely difficult" for the White House to be able to find a narrow path to attract both conservatives and moderates.

The CBO cost estimate, including an analysis on the number of people likely to be covered, is expected to be released as early as Monday.

"It's hard for me to see the bill passing this week," Collins said.

Sen. Ron Johnson, R-Wis., one of the five senators opposing the bill, said he also wants to review the CBO score.

"I would like to delay," he said. "These bills aren't going to fix the problem. They're not addressing the root cause," he said, referring to rising health care costs. "They're doing the same old Washington thing, throwing more money at the problem."

In the broadcast interview, Trump did not indicate what types of changes to the Senate bill may be in store, but affirmed that he had described a House-passed bill as "mean."

"I want to see a bill with heart," he said, confirming a switch from his laudatory statements about the House bill at a Rose Garden ceremony with House GOP leaders last month. "Health care's a very complicated subject from the standpoint that you move it this way, and this group doesn't like it."

"And honestly, nobody can be totally happy," Trump said.

McConnell has said he's willing to make changes to win support, and in the week ahead, plenty of backroom bargaining is expected. He is seeking to push a final package through the Senate before the July 4 recess.

Addressing reporters Sunday, the Senate's No. 2 Republican said passing a health care bill won't get any easier if Republican leaders delay a Senate vote on the GOP health care plan. Sen. John Cornyn of Texas said there is "a sense of urgency" to push forward but acknowledged the outcome is "going to be close."

He told reporters at a private gathering hosted by the libertarian Koch brothers in Colorado that Trump will be "important" in securing the final votes.

"We're trying to hold him back a little bit," Cornyn said with a smile.

The Senate bill resembles legislation the House approved last month. A CBO analysis of the House measure predicts an additional 23 million people over the next decade would have no health care coverage, and recent polling shows only around 1 in 4 Americans views the House bill favorably.

The legislation would phase out extra federal money that more than 30 states receive for expanding Medicaid to additional low-income earners. It would also slap annual spending caps on the overall Medicaid program, which since its inception in 1965 has provided states with unlimited money to cover eligible costs.

Conservative Sen. Rand Paul, R-Ky., said he is opposing the Senate bill because it "is not anywhere close to repeal" of the Affordable Care Act. He says the bill offers too many tax credits that help poorer people to buy insurance.

"If we get to impasse, if we go to a bill that is more repeal and less big government programs, yes, I'll consider partial repeal," he said. "I'm not voting for something that looks just like Obamacare."

Trump said he thinks Republicans in the Senate are doing the best they can to push through the bill.

"I don't think they're that far off. Famous last words, right? But I think they're going to get there," Trump said of Republican Senate leaders. "We don't have too much of a choice, because the alternative is the dead carcass of Obamacare."

Senate Democratic leader Chuck Schumer of New York said Democrats have been clear they will cooperate with Republicans if they agree to drop a repeal of the Affordable Care Act and instead work to improve it. Still, Schumer acknowledged it was too close to call as to whether Republicans could muster enough support on their own to pass the bill.

He said they had "at best, a 50-50 chance."

Trump was interviewed by "Fox & Friends," while Collins, Schumer and Paul appeared on ABC's "This Week." Johnson spoke on NBC's "Meet the Press."

Associated Press writer Steve Peoples in Colorado Springs, Colorado, contributed to this report.

Older

Senate GOP Faces Key Week Over Health Care

Newer

FINEOS Announces Tier One Customer for FINEOS Absence

Advisor News

  • Berkeley arts tax heads toward passage while public bank measure looks likely to fail
  • Americans’ sense of overall prosperity still ticks upward
  • Turning expanded eligibility into a better coverage plan for federal clients
  • Election 2026: Which of Berkeley's 7 ballot measures will pass?
  • How advisors can help frugal retirees finally enjoy their savings
More Advisor News

Annuity News

  • AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
  • Jackson reports record annuity sales, increases share repurchase authorization
  • Why the market doesn’t need more carriers
  • Equitable, Corebridge steam toward merger with strong Q3 annuity sales
  • Jackson Announces New Annuity Offering for AARP Members
More Annuity News

Health/Employee Benefits News

  • CVS Health will split into two new companies. What does it mean for Hartford-based insurer Aetna?
  • An Application for the Trademark “ALMERA” Has Been Filed by Health Care Service Corporation: Health Care Service Corporation
  • Reports Outline Managed Care Study Findings from Ohio State University (Factors Associated With Pretreatment Patient Attrition in an Advanced Orthodontic Education Clinic: A Cross-Sectional Study): Managed Care
  • State: Beware of unlicensed health coverage marketed by LifeX Research Corporation
  • Kirksville school board to meet Friday on benefits association agreement, 2027 health insurance rates
More Health/Employee Benefits News

Life Insurance News

  • Brighthouse Financial Announces Third Quarter 2026 Results
  • Prudential earnings dip as Japan sales suspension offsets U.S. growth
  • U-Haul Holding Company Reports Second Quarter Fiscal 2027 Financial Results
  • Genworth Financial Announces Third Quarter 2026 Results
  • AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
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

  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
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.