Trump told 49 Republican senators at a White House lunch on Wednesday that he wanted more than a straight repeal.
The bill would lead to 32 million more uninsured people in a decade compared to the current system, according to the CBO. The increase would reach about 50 percent in 2020, and premiums would about double by 2026. Collins echoed these sentiments, saying that repealing the bill with no alternative plan would "create uncertainty for individuals who rely on the ACA and cause further turmoil in the insurance markets". McConnell had indicated he was prepared to stick a fork in the Republican bill and move on to other issues including overhauling the tax code.
Ordered by President Trump to find some bill to repeal and replace - or at least repeal - Obamacare, a group of 20-some-odd Republican senators met last night for almost three hours, and despite optimistic talk no magic new formula emerged. And yet again, the CBO is projecting that 22 million fewer people would have health insurance as a result of the legislation.
The Senate leader's plan as of Tuesday - when it was clear votes weren't there to repeal and replace Obamacare - said he would hold a vote on a bill that would gut the health care law with a two-year delay that would allow time to pass a replacement.
If President Trump cannot get Congress to repeal and replace Obamacare, then other major components of Trump's legislative agenda could be in jeopardy.
But this bill isn't all bad news for the government: Between 2017 and 2016, the CBO predicts, federal deficits will decrease by about $1.1 trillion in total.
German girl captured in Isis bunker facing trial in Iraq
He said there was a possibility that Linda might be put on trial in Iraq or that she also might be expelled for being a foreigner. She had been in touch with IS members and was married to one of their fighters after arriving in the group's territory.
Yesterday, after the seven-year Republican quest to repeal and replace former president Barack Obama's signature healthcare law collapsed in the Senate, he suggested he would be fine with letting Obamacare fail.
"That's a judgment that Senator McConnell will make at some point this week before the vote", Thune said, expressing his own hope it will be a repeal-and-replace measure.
Read: Is Canadian Health Care Better?
"We're close. We're very close", Mr Trump said at the start of the meeting. If some senator wants to offer an amendment that's the 2015 bill.
In exchange for these coverage losses and the Senate bill's weakening of consumer protections for health insurance policyholders, health care corporations would enjoy hundreds of billions of dollars in tax cuts.
In some unsurprising news, the CBO analysis shows that the repealing all of the funding for Obamacare while leaving its mandates in place would be devastating.
Comments