Obamacare

Donald Trump on Friday said that if Republican senators can’t strike a deal on their health bill, they should immediately repeal Obamacare and then replace it later, a reversal of the president’s earlier position.

Republican Senator Bob Corker said Thursday that he expects GOP leaders to scrap a provision in their health bill that would repeal a tax on investment income that affects high-income earners.

Several Senate Republicans began to question Wednesday whether their health-care bill should repeal a tax on high-income Americans imposed by Obamacare when the legislation would scale back subsidies for the poor.

Senate leaders put off a vote on the Republicans’ health-care bill until after the July 4 recess amid growing opposition from GOP members to the plan drafted in secret by Majority Leader Mitch McConnell.

Congressional Republicans’ dash to undo Obamacare is about fulfilling a seven-year promise to voters. But it’s also about seizing what may be the party’s last chance to wipe out the 2010 law’s tax hikes on upper income earners.

The Obamacare replacement plan put forward by Senate Republicans would increase the number of uninsured Americans by 22 million while slashing funding for Medicaid, according to an estimate by the Congressional Budget Office.

Senate Majority Leader Mitch McConnell, R-Ken., has released a revised version of the Better Care Reconciliation Act of 2017, originally released last week.

Senate leaders released a slightly revised version of their health-care bill Monday as Senate Majority Leader Mitch McConnell tries to win over enough holdouts to pass the measure, with at least six Republicans signaling opposition.

A look at the provisions of the Senate plan and how they differ from the House version of the legislation.

The long-awaited Obamacare replacement plan from Senate Republicans wouldn’t do much to preserve coverage for millions of poor and working-class people, but it would deliver tax cuts to the wealthiest Americans.

The measure would eliminate Obamacare’s tax increases, including a 3.8 percent net investment income tax, a 2.3 percent levy on medical device sales, a 0.9 percent Medicare surtax and a 10 percent indoor tanning tax. But a tax on expensive “Cadillac” employer-provided plans would be delayed, as in the House measure.

Senate Republicans are beginning to learn the details of the health-care bill they may be asked to vote on next week, with senators saying the measure envisions a more gradual transition away from Obamacare than the House-passed version.

Senate Republicans may be asked to vote on a controversial health-care bill as early as next week but most of them haven’t seen the plan and at least half a dozen say they’re not sure they can support it.

Opponents of the GOP health-care legislation bill are trying to revive grassroots resistance ahead of a possible vote next week, but progressive groups worry that the investigations into President Donald Trump and his campaign are diverting from efforts to derail a Senate version of the bill.

Groups fighting the Republican drive to replace Obamacare say they’re worried that investigations into President Donald Trump and his campaign are diverting from efforts to derail the GOP health-care bill.

Senate Republican leaders drafting a measure to revamp U.S. health-care policy appear to be following the same path as their House counterparts—writing a bill behind closed doors before springing it on other lawmakers and the public close to a vote.

The IRS will conduct its annual Memorial Day systems maintenance beginning Friday, May 26, at 6 p.m. EDT and ending on Tuesday, May 30, at 5 a.m. EDT.

Senate Majority Leader Mitch McConnell said that any tax overhaul can’t add to the growing U.S. budget deficit, a position that places him at odds with President Donald Trump, who has called for a significant tax cut.

Republican senators said it’s unclear whether their chamber will repeal all of the taxes imposed under Obamacare as they set aside the health-care bill passed by the House and prepare to write their own from scratch.

The Republican plan to repeal and replace the Affordable Care Act now heads to the Senate for consideration.