Members of the Freedom Caucus, the most right-leaning flank in Congress, said they rejected the healthcare bill for not going far enough in repealing provisions of the Affordable Care Act, better known as Obamacare.
“With no Democrat support we couldn’t quite get there”, he told reporters in the Oval Office.
“Trump is stuck, he can’t cajole the arch conservatives in the Republican Party and at the same time, my sense is the Democrats don’t want to throw him a bone either, so it is going to be hard”, said Jack Ablin, chief investment officer at BMO Private Bank in Chicago. He said that this “happens to be one of the strongest assets [of the act]”, as well as other parts.
“We were very close to getting to a yes, and then boom the deadline kicks in”, Rep. David Brat (R-VA) said, referring to the desire of leadership to pass the repeal bill on Obamacare’s seventh anniversary last week. For example, Americans for Prosperity, part of a conservative network backed by billionaires Charles and David Koch, vowed to spend more than $1 million fighting any lawmakers who would vote for it.
The Republican health care plan will hurt so many working families. It could mean more states creating reinsurance pools, which lower premiums by saving insurance companies money.
I’m going to make a wild guess here and bet that Trump never read Neustadt’s “Presidential Power”.
Neither Candidate nor President Trump ever provided any specifics, and that this was always magical thinking became even clearer with his recent exclamation that no one knew health care reform was so hard.
The idea that Paul Ryan would go along with Democratic proposals to fix ObamaCare is pretty far-fetched. “All of us. All of us – myself included – we will need time to reflect on how we got to this moment, what we could have done to do it better”.
Lee criticized the lack of transparency in the authoring of AHCA.
The AHCA was expected to cut the federal deficit, but see around 24 million the Americans lose their health insurance.
GARRETT: White House chief of staff Reince Priebus joined President Trump in pointing the accusatory finger at the Freedom Caucus and two conservative political groups.
The major USA stock indexes were down, with the S&P 500 0.3 percent lower, while benchmark 10-year Treasury notes were up 11/32 in price for a yield of 2.36 percent after hitting a one-month low in yield earlier.
In light of this assessment, Trump’s very aggressive support for the measure developed by Speaker Ryan and other GOP leaders in Congress seemed over the top.
Rather than work to ensure the law’s failure, Jost said, Price and others in the Trump administration should work to preserve and protect coverage under the Affordable Care Act. “If President Trump was not aware of their resolve before, he is now”.
But, as Ryan ruefully noted, governing is harder than opposing. In short, it’s not just the nation that’s divided but the ruling party as well.
“I think they’re pretty shell-shocked at their inability to get anything done”. In a way it was a good moment for Democrats when the bill had to be withdrawn.
We think conservative lawmakers could still come back later and take a big whack at the worst element of Obamacare, which is the Medicaid expansion. Now, instead of paying a penalty to the government you pay the penalty to the insurance industry.
The administration could also decide to not enforce the individual mandate, which requires that everyone purchase health insurance or pay a fine.
The tentative game plan this time around to wrap up more than $1 trillion in unfinished spending bills is to draft a bipartisan omnibus measure that would fund the government through September 30.
Premiums have risen and major insurers have backed out of the state markets where people can buy insurance online under Obama’s signature health care law. “I do not believe that’s the case”, he said.
Chuck Schumer says Pres. Trump’s threat to undermine Obamacare will “backfire”.
As a result, the party remained bitterly divided, unable to muster a majority of its own members behind a single bill.
Trump said this bill had been shelved but that Republicans would end up with a “great” healthcare bill in the future, but for now that they are moving onto tax reform.