Collins' opposition highlights the delicate balance that Senate Majority Leader Mitch McConnell must strike as he tries to deliver a legislative win to President Donald Trump by reconciling the Republican Party's moderate and conservative wings.
Twenty-two million fewer people would have health care coverage by 2026 under the health care overhaul bill now being considered by the Senate, the nonpartisan Congressional Budget Office estimated Monday. If the speech bill does not come up for a vote before the budget it will have to wait until the Senate's next floor period, which starts September 12, Tanck said. It would reduce the federal deficit by $321 billion. On the other hand, at least the Senate waited to get this CBO score before voting, which is a lot more than Paul Ryan and his merry band of craven simpletons in the House can say these days.
The CBO says low-income Americans in their 50s and early 60s would be disproportionately likely to lose their health care coverage under the Senate bill. "And the number of uninsured people under this legislation would nearly surely be greater than under current law". And both would repeal an array of taxes that have helped to pay for the ACA's benefits, including levies on health insurers and on wealthy Americans' investment income. There are 52 Republican senators, and he needs 50 "yes" votes to move the bill through the Senate.
"It's going to be very close, but we're working with each one of them in trying to accommodate their concerns without losing other support", No. 2 Senate GOP leader John Cornyn of Texas said Monday. In addition to its draconian cuts to Medicaid, the bill will also change the private insurance market by adjusting financial assistance eligibility benchmarks to include fewer middle-class people and by reducing the amount of assistance people will receive. According to CBO, individuals over age 64 making $56,800 a year could see their premiums for a silver plan triple from $6,800 to $20,500. He celebrated the House bill then said it was mean.
"If you're looking at the CBO for accuracy, you're looking in the wrong place", White House press secretary Sean Spicer said on the March day that the budget office issued its cost estimate of a preliminary version of the House GOP's health care legislation.
Two GOP moderate senators, Sens.
IS fighters launch counterattacks in west Mosul neighborhood
Baghdadi has left the fighting in Mosul to local commanders and was assumed to be hiding in the Iraqi-Syrian border area. In Syria, the insurgents' "capital" Raqqa, is almost encircled by a USA -backed, Kurdish-led coalition.
Senate Majority Leader Mitch McConnell, who praised the CBO's findings, is pushing for a vote on the bill this week. She tweeted that she favors a bipartisan effort to fix Obama's statute but added, "CBO analysis shows Senate bill won't do it".
"The CBO has consistently proven it can not accurately predict how healthcare legislation will impact insurance coverage", said an unsigned statement from the White House. At the same time, it would phase out the Affordable Care Act's Medicaid expansion, while offering less generous subsidies to those who purchase health insurance on the individual market.
The House approved legislation on May 4 in which 23 million more would be uninsured.
Republicans' bills to repeal and replace Obamacare are overwhelmingly unpopular in public polling, and among many industry lobbyists. It takes money that would be spent to prevent Americans from getting sick and dying, and uses it to provide the richest people in the country with a marginally lower tax bill.