Showing posts with label Free Markets. Show all posts
Showing posts with label Free Markets. Show all posts

Tuesday, May 26, 2015

Republicans Grope For Obamacare Replacement


By Jennifer Haberkorn and Rachael Bade, May 26, 2015, Politico

Preparing for a Supreme Court decision that could strike down Obamacare’s subsidies for nearly 7.5 million people this summer, Senate Republicans are coalescing around a plan to resurrect them — at a steep price for the White House.

With several Senate Republicans facing tough reelections, and control of the chamber up for grabs, 31 senators have signed on to a bill written by Sen. Ron Johnson (R-Wis.) that would restore the subsidies for current Obamacare enrollees through September 2017. But the administration would have to pay a heavy price — the bill would also repeal Obamacare’s individual and employer mandates and insurance coverage requirements.

Story Continued Below

“In that moment of what could be political chaos, we’re offering such a reasonable proposal that solves a mess,” Johnson said. “It fixes a mess caused by a sloppily written law, unlawfully implemented. All we’re asking for is a little bit of freedom back, which would be, I think, pretty popular,” Johnson said. Even Majority Leader Mitch McConnell (R-Ky.) is backing Johnson’s measure, along with the rest of the chamber’s GOP leaders.

Read the full story: www.politico.com


Join us - become an Elderado today at: LarryElder.com 

Follow Larry Elder on Twitter
"Like" Larry Elder on Facebook