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Trump again tweets about McCain voting against Obamacare repeal

Trump again tweets about McCain voting against Obamacare repeal

John McCain's announcement on Friday that he could not support the bill, which would turn money from the Affordable Care Act, also known as Obamacare, into a state block-grant program.

Republican leaders in Washington are racing to pass legislation before losing the budget authority on October 1 that allows them to pass legislation by a simple majority.

The bill, sponsored by Republican Senators Bill Cassidy and Lindsay Graham, aimed to eliminate key portions of Obamacare, including the system whereby citizens are fined if they do not obtain health insurance and government subsidies are provided to insurers to expand Medicaid.

Republicans have now repeatedly failed to deliver on their longtime promise to roll back former Democratic President Barack Obama's signature domestic accomplishment. They could also make another run at repeal later in the year when they try to enact a GOP tax overhaul, but that could prove even more challenging.

The CBO said it would need "at least several weeks" to calculate point estimates of the effects on the deficit, health insurance coverage or premiums. Under this process, the Republicans could pass a health care bill with just 50 votes.

Republicans have campaigned on repealing Obamacare for seven years, and they thought their goal was in sight when the GOP took control of the presidency as well as both houses of Congress in January. John McCain, R-Ariz., in publicly opposing the bill, which sought to eliminate the ACA's marketplace subsidies and enhanced matching rate for Medicaid expansion, starting in 2020, and replace those funds with block grants that states could use for health coverage or any other healthcare goal.

Shares of healthcare providers ended broadly higher. Shares of HCA Healthcare Inc and Tenet Healthcare Corp were hit particularly hard, falling 2.8 per cent and 5 per cent, respectively, in afternoon trading.

Sen. Susan Collins (R-ME) speaks with reporters ahead of the party luncheons on Capitol Hill in Washington, U.S., September 26, 2017.

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Collins, Paul, and McCain similarly opposed the BCRA.

The latest Republican effort to repeal the Affordable Care Act appears all but dead tonight now that Republican Senator Susan Collins of ME says she does not support the proposal. Vice President Mike Pence also called the senator at her home in ME over the weekend, she said. "Pass it, pass it, pass it", Paul told reporters.

City Council member Jumaane Williams (D-Flatbush, East Flatbush, Midwood) alongside dozens of elected officials and healthcare advocates stood in solidarity to oppose the last-minute push by Senate Republicans to repeal Obamacare.

A report by Standard & Poor's Global Ratings said on Monday that the Senate Republicans' latest proposed healthcare bill created to replace Obamacare would lead to less federal funding and more flexibility for states but would cost the economy and jobs.

Instead, congressional leaders and the president are ready to move on to overhauling the tax code.

As for health care, McConnell tried to paint the debate as one of the Graham-Cassidy bill versus a single-payer system. Sen.

"We don't have the support for it", said Sen.

Senate Democratic Leader Chuck Schumer said the GOP's inability to pass the bill protects the health care of millions of Americans.

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