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Published: Tue, May 16, 2017
Economy | By Melissa Porter

Stiff headwinds for GOP on health care, tax reform

Stiff headwinds for GOP on health care, tax reform

But, the new American Health Care Act, which is the bill that just passed the House and moves to the Senate, would cut $800 billion from Medicaid over 10 years and result in a loss of at least $40 billion in federal funding for Medicaid in IL, according to Chicago Women Take Action.

ObamaCare's essential health benefits mandate that insurance plans cover a minimum set of services, such as prescriptions drugs and mental healthcare.

Rep. David McKinley, R-W.Va., explained his vote for the American Health Care Act in an interview with West Virginia Public Broadcasting today. These reforms will allow the marketplace to drive down costs and increase options. At the last minute, $8 billion also was added to help people with preexisting medical problems who live in states that revert to letting insurers charge such customers higher rates.

The statement came ahead of an expected meeting of a 13-member working group of Senate Republicans who will craft a health-care plan. "I look forward to its passage by the Senate and its ultimate signing by the President", Cole said.

The AHCA fulfills many Republican lawmakers' promises to undo major parts of former President Barack Obama's signature health care law. This is an irresponsible and costly move that will do little more than create instability in the insurance market and greatly reduce the ability of small business owners, their employees and self-employed Americans to obtain health coverage.

The Congressional Budget Office is planning to release the week of May 22 an assessment of how the health-care legislation that the House just passed will impact federal spending.

Some in the Senate have argued for taking the House bill straight to a vote on the Senate floor, but others are calling for a more deliberate process to address concerns with the resolution.

Opposition to the AHCA was highest among voters who identified themselves as Democrats, with 81 percent saying they disapprove of the House GOP plan. It would cut millions of people off Medicaid and hand control over America's health care system back to the insurance industry.

"The Times reports Trump said the Republicans" new health plan would produce "much lower premiums, ' but didn't say how". By requiring state government to take ownership of its Medicaid costs, we are reducing county property taxes in the 19th District by more than $224 million, a 44 percent average tax cut.

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