Senate Bill Repeals Most Obamacare Taxes, Keeps Subsidies for Low Income

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If the Senate bill is similar to the House version, it would only allow people with pre-existing conditions to keep coverage if there are no lapses between insurance policies; otherwise, insurers would be allowed to deny them coverage, erasing a key provision of the ACA.

The No. 3 Senate GOP leader, John Thune of South Dakota, said Republicans were moving toward phasing out Obama's enlargement of Medicaid to additional low-income people over five or six years.

The source said the president told the CEOs on Monday that the Senate's health-care bill needs "more heart".

Paul said he won't know how he will vote until the bill is released to legislators on Thursday, but he anticipates that McConnell won't have the votes and will have to renegotiate the legislation with members of his own party. And another conservative, Sen.

In addition, Sen. Kirsten Gillibrand joined with two other Democrats to voice opposition to the "age tax" - the prospect of escalating premium prices for those between ages 50 and 64 if the House-passed Republican bill is the basis for replacing Obamacare.

Lee said, "It's apparently being written by a small handful of staffers for members of the Republican leadership in the Senate".

Appearing on CNN's "New Day" with Chris Cuomo Wednesday morning, Republican Senator Ron Johnson appeared to indicate that he may not support the Senate's health care bill if a vote is held next week.

Republicans in the chamber have been working for weeks behind closed doors on legislation aimed at repealing and replacing major portions of the Affordable Care Act, former Democratic President Barack Obama's signature healthcare law, popularly known as Obamacare.

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Sen. Rob Portman, R-Ohio, and other GOP senators from states that expanded Medicaid were still battling to prolong the phase-out of that money to seven years.

The Associated Press, citing lobbyists and Congressional aides, reported Wednesday that the Senate bill would largely retain the subsidies Obama provided to help millions buy insurance, which are pegged mostly to people's incomes and the premiums they pay.

When comparing the latest poll to one conducted in May after the bill passed the House, the number of Americans who approve of the bill decreased from 38 percent and the number of Americans who oppose it increased from 44 percent. Mitch McConnell, R-Ky., hopes to put to a vote next week.

However, Cassidy made clear that he simply won't vote for the legislation if he doesn't first have time to read and study it.

The Republican-controlled House of Representatives narrowly approved its version of repeal last month. Spicer offered no specifics but said Trump wants the Senate to "strengthen it, to make it more affordable, more accessible".

Across Capitol Hill, House conservatives are also growing a bit nervous with the lack of clarity on what's about to come out of the Senate.

Alaska moderate Lisa Murkowski said she didn't know how she'd vote, adding, "I have no idea what the deal is".

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