U.S. Sen. John Cornyn, R-Texas, said the Obamacare health care bill was 2,700 pages long while the Republican draft bill is 142 pages. It's a cruel and cynical shell game.Greg Sargent / Washington Post- THE MORNING PLUM: - President Trump has privately described the GOP repeal-and-replace bill that recently passed the House as "mean", and he said he hopes the Senate version has more "heart".
After that, they'd only be available for people with incomes up to 350 percent of the poverty line. He said "small tweaks" during the upcoming debate "cannot change the fundamental meanness at the core of this legislation".
The Senate bill would also largely maintain Obamacare's premium subsidies structure, but tighten the eligibility criteria starting in 2020.
The House's tax credits were tied to people's ages, a change the nonpartisan Congressional Budget Office said would boost out-of-pocket costs to many lower earners.
U.S. Sen. Ed Markey, D-Massachusetts, condemned chamber Republicans Thursday for offering an Affordable Care Act repeal bill that he argued would take health care coverage away from millions of Americans to give tax cuts to the wealthy.
The senators agreed on this decision, McConnell said, "so Americans are no longer forced to buy insurance they don't need or can't afford".
The details of the bill had been tightly held by Republican leaders as Senate Majority Leader Mitch McConnell wrote a bill that aims to appeal to his most conservative members and the most moderate in his 52-member conference.
"How do you like the healthcare bill, folks?". President Trump previously has threatened to halt these subsidies.
To help pay for its expanded coverage to around 20 million people, Obama's law increased taxes on higher income people, medical industry companies and others, totaling around $1 trillion over a decade.
The ACA's contentious individual mandate would be eliminated under the GOP bill, ending the tax penalty levied on those who don't buy insurance.
The bill faces an uphill battle in the Senate.
The bill would also aim to shore up the existing Obamacare market by allocating funds for the cost-sharing subsidies until 2019.
The Congressional Budget Office has yet to score the bill but is set to have estimates in the next several days.
The GOP proposal would provide an additional $50 billion over four years to stabilize insurance exchanges, according to Bloomberg. That money would be funded over 10 years, with larger amounts during the first few years. That focuses financial assistance on people with lower incomes. He cited double-digit increases in premiums for next year. It would also repeal the medical device tax as of December 31, 2017, a day before the 2.3% levy is slated to go back into effect.
Sen. Rand Paul of Kentucky says he and three other Republican senators are preparing to announced their opposition to the Senate health care bill as it's written. A quarter of the public, by contrast, said it should be developed in private. "It's the only way I'm going to vote "yes", Johnson said. That's part of the reason Republicans drafted their proposal in secret, to make sure they come up with something that all the Republicans can support and without giving Democrats much of a chance to pick it apart.
The proposal also caps federal spending on the Medicaid program for the poor - based on a broad measure of inflation, rather than just medical inflation - beginning in 2025.