Sunday, 20 January, 2019

Obamacare Repeal Stalled After GOP Senators Reject Current Bill

Alfredo Watts | 28 June, 2017, 04:42

Some GOP senators had said they would wait to issue support for the legislation until the CBO score was released.

In May, the Congressional Budget Office forecast the House's Trumpcare proposal would cause 23 million Americans to lose coverage by 2026.

Senate Majority Leader Mitch McConnell, who led the secret drafting of the measure and unveiled it last week, said lawmakers would continue negotiating, in a bid to bridge the "differences" that have split Republicans over the legislation.

The CBO analysis suggested some ammunition GOP leaders could use, saying the Senate bill would cut federal deficits by $202 billion more over the coming decade than the version the House approved in May.

Republicans fight an uphill battle to get the Senate version of the healthcare bill passed this week. With unanimous Democratic opposition, the bill could only afford to lose two GOP votes and pass.

That not only would reverse all the coverage gains made under the Affordable Care Act, but it also would leave more people uninsured than at the height of the Great Recession. According to the report, the bill in its current form would bring the total number of uninsured Americans to 49 million by 2026, compared to the estimated 28 million if the Affordable Care Act were to remain in effect.

Those in the top 0.1%, earning $5 million or more, would receive an average tax cut of almost $250,000 in 2026, according to a new analysis by the Tax Policy Center. Last week, Mr. Trump tweeted that he is "very supportive" of the Senate bill. He could try to convince Heller, Collins, Paul, and Johnson to allow the bill to proceed this week, but as with the final vote, concessions to the moderates could alienate the conservatives, and vice versa. "Collins told NBC News' Chuck Todd she "[could not] support a bill that is going to result in tens of millions of people losing their health insurance".

The CBO estimated that under the GOP plan, 15 million people would drop off coverage next year primarily because the Obamacare penalty for not having insurance would be eliminated.

"If it's not the worse, it's probably tied or way up there in terms of the most serious harm", Solomon said. Employer-based coverage is considered the backbone of the current system, and it's a frequent subject for Republican rhetoric that dictates if people want insurance, they should get a job.