Sen. Lindsey Graham of SC says the bill "is the best and only" chance for repealing and replacing the Affordable Care Act. Lindsey Graham, R-S.C., and Bill Cassidy, R-La., proposed legislation that would do away with numerous subsidies and mandates of the 2010 law and instead would provide block grants to the states to help individuals pay for health coverage.
Trump applauded Graham and Cassidy, saying he hoped the senators "have found a way to address the Obamacare crisis". Sanders unveils single-payer bill MORE's (I-Vt.) "Medicare for all" plan a "curse on the U.S".
Previous attempts this year to repeal "Obamacare" have failed, and with attention shifting to a tax overhaul, it's unclear how much energy the White House will put into the Graham-Cassidy effort.
The legislation seeks to do away with the various subsidies and mandates that encompass the current health law and instead provides block grants to the states to help individuals pay for health coverage.
Cries for universal coverage and government-provided, single-payer health care have simmered among Democrats for decades. Consumers also would no longer owe out-of-pocket expenses like deductibles. Bernie Sanders unveiled his Medicare for All bill yesterday amid steadily growing Democratic support for single-payer health care - including from Bay State U.S. Sens Elizabeth Warren and Edward Markey - but offered few details about how his plan would be funded. A similar bill is in the House, according to The Hill. Many Democrats accused Sanders of being disloyal to then-President Barack Obama's Affordable Care Act, which has been under attack by Republicans. Sanders caucuses with Democrats and unexpectedly gave Hillary Clinton a tough run for the party's presidential nomination previous year.
Senator Lindsey Graham of SC, one of the plan's authors, said he was not ready to give up the long-held Republican goal of repealing Obamacare despite a stunning failure to muster enough votes within the party this summer to kill the law.
Besides focusing on health, the rival packages have something else in common. So far, they're having trouble rounding up the votes they'd need to prevail.
The bill would extend Medicare to every US citizen and get rid of employer insurance plans.
Liberals love the Vermont independent's package.
But in an office building nearby, Republican senators announced they were offering a "last chance" to repeal Obamacare, before a parliamentary procedure allowing them to pass it with a simple majority, instead of a three-fifths majority like most Senate legislation, expires at the end of September.