Clinton on GOP’s plan to overhaul ObamaCare
Senate Majority Leader Mitch McConnell (R-Ky.) and House Speaker Paul Ryan (R, Wis.) unveiled a plan Monday to reform ObamaCare on the heels of a dramatic vote Tuesday to end debate on a key piece of legislation that could save millions of people from the law.
The plan would end the individual mandate, a provision that requires Americans to have health insurance or pay a penalty.
It would also eliminate subsidies that help people buy insurance on the individual market, which could make it more expensive for those with high medical costs to buy insurance.
“There is no silver bullet for this,” McConnell said during the floor speech.
“We have a plan that will bring down costs and stabilize the individual insurance market.”
Ryan said the bill would bring down the cost of insurance for Americans to help reduce costs for the rest of the population.
“I’m proud to say we’re on the cusp of delivering on this promise,” he said.
Republicans who voted against the legislation Monday had previously called for the mandate repeal.
But the Senate did not vote on it on Tuesday because of the government shutdown.
That was a symbolic victory, though, and Republicans were left with no choice but to vote against the bill.
McConnell was also able to persuade Republican senators to vote for a short-term extension of the debt ceiling that will help keep the government funded until Jan. 15.
“It’s time for action.
It’s time to act,” he told the Senate.
“The American people have spoken, and I believe we must act now to protect their economic security, to protect our national security, and to preserve the promise of America to them.”