Published: Mon, March 20, 2017
Economy | By Annette Adams

Trump Wins Support For GOP's Obamacare Replacement Bill

Trump Wins Support For GOP's Obamacare Replacement Bill

Republican leaders plan to bring the American Health Care Act to the floor of the House for a vote next Thursday, and President Trump is now publicly applying his deal-making skills to ensure passage.

But the Congressional Budget Office projected that these credits do little to offset massive premium increases for lower-income seniors under the new bill. The RSC also was told, according to a GOP aide, that states were given the option to receive block grant funding rather than per capita funding.

The next step for House Republicans will be to revise the bill to prepare it for House and Senate votes.

The Republican Governor felt the expansion worked well and that it should still be allowed in the GOP bill as long as states will allow it.

Representative Charlie Dent, following a meeting of moderate Republicans with Pence, told reporters that speeding up the termination of the Medicaid expansion was a "non-starter".

The bad news for the GOP's Obamacare replacement proposal is that it reserves its good news mostly for upper-income earners and insurance executives.

And moderate Republicans in the Senate say too many people would be deprived of insurance, including those covered by the expanded Medicaid under the ACA.

Combined with anticipated reductions in the Medicaid program, that number would swell to 52 million by 2026, the CBO report found, compared to 28 million Americans who would be uninsured under the Affordable Care Act.

The agency reported that 12,216,003 Americans either purchased a new Obamacare plan or were automatically reenrolled in Obamacare plans. Another 6.9 percent or 310,557 kids are insured through CHIP, which provides low-priced health care coverage to children of moderate income families that earn too much money to qualify for Medicaid. "I can assure you that this bill needs to be changed".

Republicans in Congress - if they can get their act together and stop fighting each other - are in a position to radically change things for the better.

"We need to have Democrats involved so that what we do is going to be not only significant but will last", Kasich added.

Although some consider this report to be a knock against the GOP bill, many advocate for the bill's intent to lower overall federal spending - a point the report affirms, citing a reduction of $337 billion in federal deficits from 2017-26.

He said though the tax revenue is lost with getting rid of the individual mandate, it is "made up for by reducing the cost of Medicaid", the subsidised health assistance programme for those living under the poverty line.

The conservative advocacy group FreedomWorks held a rally amid snow flurries and a frigid wind outside the Capitol, where several House and Senate Republicans, including Cruz and Senator Rand Paul, voiced dissatisfaction with the bill. It is going to take true leaders to recreate the health-care model we are using. However, more alterations could very well occur between now and next week.

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