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More Republican U.S. Senators Back Bipartisan Obamacare Deal

Richard Cowan and Yasmeen Abutaleb  |  October 22, 2017

WASHINGTON (Reuters)—A bipartisan deal to stabilize Obamacare by restoring billions of dollars of federal subsidies to health insurers picked up Republican support in the Senate on Thursday despite President Donald Trump’s opposition but still faced an uphill battle.

Republican Senator Lamar Alexander and Democratic Senator Patty Murray formally introduced legislation to shore up the insurance markets created under the 2010 healthcare law by reviving the subsidies, which Trump has discontinued, for two years to help lower-income Americans obtain medical coverage.

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The senators announced that the deal now has the support of 12 of the 52 Republicans in the 100-seat Senate, as well as 12 Democrats.

While Alexander predicted in remarks on the Senate floor that the plan “will become law in some fashion before the end of the year,” Senate Majority Leader Mitch McConnell has not committed to bringing it to a vote, and House of Representatives Speaker Paul Ryan is against it.

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Lobbyists and congressional aides closely following the matter said the legislation could make it onto the Senate floor tucked inside a bigger “must-pass” bill that Congress needs to act on in December, such as a broad spending measure to prevent a federal government shutdown.

Trump campaigned for the presidency last year promising to get rid of Obamacare, the signature legislative achievement of his Democratic predecessor Barack Obama. But his fellow Republicans who control Congress have failed to repeal and replace the law thanks to deep intra-party divisions.

Obamacare, formally called the Affordable Care Act, extended health insurance to 20 million people but Republicans call it government interference in Americans’ healthcare.

TRUMP REVERSES POSITION

Trump initially indicated support for the Alexander-Murray agreement but reversed himself, saying on Wednesday “I can never support bailing out” insurers.

Senator Mike Rounds, one of the bill’s Republican co-sponsors, said that if Trump decides he does not support it, “then it will not go forward.” When a reporter noted that Trump does oppose it, Rounds replied, “That was yesterday.”

Without the subsidies, insurance premiums for some of the 10 million Americans who get coverage through Obamacare markets will surge. Noting that some conservative Republicans object to the subsidies, Alexander asked, “What’s conservative about creating chaos so millions can’t buy insurance, or at least failing to deal with the chaos that has been created?”

The bill has broad support among Democrats, but had just seven Republicans on record supporting it only a day earlier.

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Filed under:Legislation & Advocacy Tagged with:federal subsidiesRepublican Senator Lamar AlexanderRepublican support

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