The revised GOP health care bill released Thursday failed to have the immediate desired impact, as two Republican senators remain opposed to bringing the bill to a vote, while an additional GOP senator remains undecided. Ted Cruz, R-Texas, to permit stripped-down health plans that amount to catastrophic coverage and little else.
Senators Graham and Cassidy Announce Their Own State-Based Obamacare Alternative Bill
But it remains to be seen whether he can satisfy moderates and hard-line conservatives in his party who have voiced opposition. But the Senate still has a full workload in changing its health care bill enough to get 50 "yes" votes.
America's Health Insurance Plans, which has largely avoided passing judgement on the GOP's ACA repeal measures, said this week the Cruz amendment would "would create even greater instability" in the individual marketplaces. The new bill offers $45 billion for grants for states providing treatment and recovery support services.
"I want to give Dems an opportunity to at least have input to the idea", said Sen.
Bank of Canada makes sharp jump in interest rates
This was the first rate hike in Canada in the last 10 years but the BOC had signalled it very clearly more than a month back. That compared with its April forecast for growth of 2.6 per cent this year, 1.9 per cent next year and 1.8 per cent in 2019.
Federal spending on Medicaid coverage for the poor would grow with inflation, rather than being capped like the current GOP plan.
The latest changes to BCRA are designed more toward swaying a few Republican senators on the fence about the bill than addressing industry concerns about the number of people who would lose coverage and the Medicaid cuts. If only two Republicans defect, Vice President Mike Pence could cast a tie-breaking vote to move the legislation forward.
"If we can only get 50 or 75 percent repeal, I will vote for some variation of repeal, but I will not vote for a new entitlement program", he said. Already, Sens. Rand Paul and Susan Collins have expressed serious doubts about it. Paul has said it leaves too much of Obamacare in place and Collins says only major revisions could win her over.
Live blog and video of Yellen's testimony before House panel
Unemployment was 4.4 percent in June and employers have added 187,000 jobs a month on average over the past 12 months. Several officials believe the Fed likely will maintain a portfolio to exceed $2 trillion.
"I will be very angry, and a lot of people will be very upset".
- Chinese Nobel Peace laureate Liu Xiaobo dies at 61
- 67% Republican voters want GOP to continue ACA repeal efforts
- Floyd Mayweather responds to Conor McGregor's "dance for me, boy" comment
- Amazon shares back above $1000 as Wall Street cheers Prime Day sales
- Which Analysts Are Watching First Potomac Realty Trust (NYSE:FPO)?
- Including phone numbers and PINs - exposed by vendor
- Brexit position paper on pending ECJ cases published
- Aircel Joins Race In Offering Data Pack Deals To Compete With Jio
- Cell cancer therapy holds promise, longer-term results await
- Wimbledon: Roger Federer storms into semis after beating Milos Raonic