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Real0ne -> Republicans release long-awaited ObamaCare replacement bill (3/20/2017 6:08:57 PM)
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Republicans release long-awaited ObamaCare replacement bill
The BILL
House Republicans on Monday evening released the text of their long-awaited ObamaCare replacement bill, proposing to eliminate the various taxes and penalties tied to the original legislation while still preserving certain patient protections.
Aiming to deliver on their signature campaign promise after several election cycles trying to reclaim control of Washington, majority Republicans unveiled what they call the American Health Care Act. The sweeping legislation would repeal ObamaCare’s taxes along with the so-called individual and employer mandates – which imposed fines for not buying and offering insurance, respectively.
It also would repeal the Affordable Care Act’s subsidies, replacing them with tax credits for consumers.
The bill would continue Obama's expansion of Medicaid to additional low-earning Americans until 2020. After that, states adding Medicaid recipients would no longer receive the additional federal funds the statute has provided.
More significantly, Republicans would overhaul the federal-state Medicaid program, changing its open-ended federal financing to a limit based on enrollment and costs in each state.
“We begin by repealing the awful taxes, the mandate penalties and the subsidies in ObamaCare,” House Ways and Means Committee Chairman Kevin Brady, R-Texas, told Fox News’ “Special Report with Bret Baier” in an exclusive interview.
Asked about some conservatives’ concerns that GOP leaders are merely pushing ‘ObamaCare Lite,’ Brady countered, “It is ObamaCare gone.”
House Energy and Commerce Committee Chairman Greg Walden, R-Ore., told Fox News they also “are not pulling the rug out from under people.” Rather, he said Republicans want to restore power to the states and control costs in Medicaid and elsewhere.
“It’ll amount to the biggest entitlement reform, probably in at least the last 20 years,” he said.
The release of the bill touches off what is likely to be a contentious debate, not just with Democrats but within the Republican Party.
The White House signaled its approval of the plan, with spokesman Sean Spicer saying, "Today marks an important step toward restoring healthcare choices and affordability back to the American people."
House Minority Leader Nancy Pelosi, D-Calif., said the bill "hands billionaires a massive new tax break while shifting huge costs and burdens onto working families across America."
Senate Minority Leader Charles Schumer, D-N.Y., said the proposal "would cut and cap Medicaid, defund Planned Parenthood, and force Americans, particularly older Americans, to pay more out of pocket for their medical care all so insurance companies can pad their bottom line."
The first test for GOP leaders, who have been under heavy pressure ever since President Trump took office to release a bill, will be whether the text satisfies the influential conservative wing – which has the numbers to torpedo the legislation. But it is a balancing act, as moderate Republican lawmakers, as well as governors of both parties, also have warned against going too far in rolling back consumer protections and benefits.
House Speaker Paul Ryan, R-Wis., said the bill would "drive down costs, encourage competition, and give every American access to quality, affordable health insurance." He added, "This unified Republican government will deliver relief and peace of mind to the millions of Americans suffering under Obamacare."
However, Sen. Rand Paul, R-Ky., said the bill "looks like ObamaCare Lite to me ... It's going to have to be better."
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