GOP, bill and Senate
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The GOP Obamacare reform legislation slated for a vote in the Senate on Thursday includes two provisions that would make it cost-prohibitive for states to provide Medicaid to low-income illegal immigrants,
Senate Republicans' proposal to replace expiring Obamacare premium subsidies with pre-funded health savings accounts (HSAs) failed as lawmakers face year-end deadline.
The Republican bill, sponsored by Sens. Mike Crapo (Idaho) and Bill Cassidy (Louisiana) would allow existing ACA subsidies to expire and replace them with a new two-year program in which the federal government would directly pay into health savings accounts paired with certain plans on the ACA marketplace.
Both plans will likely fail in the Senate later this week.
Senate Majority Leader John Thune, R-S.D., announced that Republicans would back Sens. Bill Cassidy, R-La, and Mike Crapo's, R-Idaho, plan to convert Obamacare subsidies to HSAs.
Republicans revolt against Mike Johnson – and the Senate – to force a vote on health care subsidies: ‘Our push will inspire’ - IN FOCUS: As the Senate remains stuck and many oppose extending the subsidies,
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Senate GOP unites behind healthcare proposal as chamber prepares to vote Thursday on ACA subsidies
The Senate is expected to vote on the dueling proposals on Thursday, but neither is expected to pass.
On Thursday, in a 51–48 vote, the Senate rejected a Democratic plan to extend Affordable Care Act enhanced tax credits, as well as a Republican alternative that boosted a health savings account model. It is now all but certain that the credits, which began under the Biden administration, will expire at the end of the year.
The Senate is expected to block an extension of ACA tax credits, set to expire Jan. 1, potentially raising premiums for millions of Americans.
As the president rails against insurance companies, other Republicans say allowing a subsidy lapse is “not acceptable.”