House Speaker Paul D. Ryan, facing a revolt among conservative and moderate Republicans, rushed to the White House Friday afternoon to inform President Trump he did not have the votes to pass legislation to repeal the Affordable Care Act and to decide whether to pull the bill from consideration.
The president and the speaker faced the humiliating prospect of a major defeat on legislation promised for seven years, since the landmark health legislation was signed into law. President Trump had demanded a vote regardless, which has been scheduled for Friday afternoon. But House leaders were leaning against such a public loss.
House Republicans continued to negotiate changes Thursday to their legislation to repeal and replace Obamacare even as leaders have promised a floor vote on the bill by the end of the day.
The conservative House Freedom Caucus — led by North Carolina Rep. Mark Meadows — announced Wednesday they had enough “no” votes to kill the bill, because members felt it did not go far enough in repealing the mandates established in the Affordable Care Act.
That touched off a flurry of negotiations into the night and continuing Thursday morning over changes that could still be made to win their support.
The sensational James Comey hearing yesterday guaranteed that alleged Russian collusion with the Trump campaign will dominate the headlines for months to come. But this has had virtually no impact on the U.S. stock market, which is anticipating another decent earnings season in April with only two major concerns:
The most pressing concern involves President Trump’s agenda — which is why Thursday’s House vote on an Obamacare replacement is crucial. Despite Trump’s personal involvement in the issue, he still appears to be a vote or two short this morning. Make no mistake: a defeat in Thursday’s vote would send a clear signal that the rest of Trump’s agenda — taxes, the budget, infrastructure, etc. — is in trouble.
House Speaker Paul D. Ryan on Sunday said he felt “very good” about the chances that the House would pass the Republicans’ healthcare bill, even as changes were being made to lure votes, such as providing more assistance for older Americans.
“We’re still having conversations with our members,” Ryan (R-Wis.) said on “Fox News Sunday.” “We’re making fine-tuning improvements to the bill to reflect people’s concerns, to reflect peoples’ improvements.”
House Speaker Paul D. Ryan (R-Wis.) says Obamacare is in a “death spiral,” and he should know: He’s the one who cut the power to Obamacare’s engines and pointed its nose downward.
President Trump says, “Obamacare is imploding and will only get worse,” and he should know: He’s the one who placed the explosives under Obamacare’s foundation.
House Energy and Commerce Committee Chairman Greg Walden (R-Ore.), co-author of the GOP health-care bill, says of Obamacare: “We’ve arrived at the scene of a pretty big wreck.” And he, too, should know: He’s the one who dumped oil and tire spikes on the road.
Reminder: Republicans are struggling to mend a system that’s badly broken.
Hillary Clinton was conspicuously quiet about Obamacare in the final weeks of the election, and for good reason. One week before Election Day, the law’s fourth open-enrollment period began, accompanied by a wave of policy cancellations and rate hikes. After analyzing published prices from every state, the New York Times’ Upshot blog confirmed on November 4: “Average Obamacare insurance rates really are going up by 22 percent.”
Conservative lawmakers in the House and the Senate continued to attack the Republican health-care plan Tuesday after congressional budget analysts found it would dramatically increase the number of uninsured Americans while raising premium costs in the short term.
The reaction from Republican hard-liners to the Congressional Budget Office report cast doubt on the viability of the American Health Care Act, House Speaker Paul D. Ryan’s proposal to revise Obamacare, which could receive a House vote within two weeks.
The Republican bill to repeal and replace Obamacare hits older Americans who struggle financially the hardest, said AARP Legislative Counsel and Policy Director David Certner.
“The older you get and the lower your income, the bigger the premium increase you’re going to see,” Certner told CNBC’s “Squawk on the Street” on Monday, the day the Congressional Budget Office could release its cost analysis of the GOP’s American Health Care Act.
This month, the Republicans have finally introduced their plan to repeal and replace Obamacare. For anyone familiar with the economics of insurance, the plan is highly problematic. The death spiral of Obamacare (which is real) will only get worse with Trumpcare. This article discusses three of the biggest flaws, and their implications.
Republicans are rarely as exercised as when they are fighting with themselves.
And as the House debates how to best dismantle the Affordable Care Act, a familiar array of interest groups with deep pockets, incensed talk radio hosts and online agitators is again assuming its posture of aggression toward the House Republican leadership.