U.S. Senate: Text of Obamacare Repeal Reconciliation Act

Here is the text of the U.S. Senate’s “Obamacare Repeal Reconciliation Act”, which would repeal the key health insurance and Medicaid expansion provisions and all the revenue-generating taxes of the Affordable Care Act, with no replacement. The bill would explicitly appropriate funds for federal cost-sharing subsidies through the end of 2019 and provides $1.5 billion in new funding over the next two fiscal years to address the opioid prescription crisis.

This is the text that the Congressional Budget Office used to estimate that by 2026 (in ten years), the legislation would result in 32 million Americans becoming uninsured, premiums in the individual health insurance markets increasing 100%, and ¾ of Americans residing in health insurance markets where NO health plans would be offering any individual health insurance coverage.

Link to Original Source

Senate Majority Leader Mitch McConnell continues to say that he will call for a procedural vote to proceed to debate this latest version of the bill on the Senate floor next week, even though at least four Republican Senators (Susan Collins, Lisa Murkowski, and Shelly Moore Capito, and Rob Portman) already have stated their opposition to the bill, and the status of Senator John McCain’s health (and timing of his return to the Senate to participate in any votes) remains highly uncertain. If all the Senate Democrats oppose the motion to proceed as expected, and these five Republicans do not (or, in the case of Senator McCain, are not present to) vote in support, the motion would be defeated.

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