24 senators co-sponsor bipartisan ObamaCare deal

The bipartisan deal to stabilize ObamaCare’s markets has 24 co-sponsors, Senate Health Committee Chairman Lamar AlexanderAndrew (Lamar) Lamar Alexander13 GOP senators ask administration to pause separation of immigrant families IBM-led coalition pushes senators for action on better tech skills training Dems seek to leverage ObamaCare fight for midterms MORE (R-Tenn.) announced Thursday.

Twelve Republicans and 12 Democrats signed on to the bill, which would continue ObamaCare's insurer subsidies for two years and give states more flexibility to waive ObamaCare rules. 

"This is a first step. Improve it and pass it sooner rather than later," Alexander said on the Senate floor.  

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Trump announced last week he was canceling the payments, arguing the previous administration lacked the authority to make them.

But Democrats, and some Republicans, including Alexander, have pushed for Congress to temporarily fund the payments as a way to stabilize the ObamaCare markets. 

If they don't, Alexander said, "there will be chaos in this country and millions of Americans will be hurt." 

The nonpartisan Congressional Budget Office said canceling the insurer payments could lead to premium increases through 2020. 

Republicans likely wouldn't put the bill on the floor of the Senate without the expressed approval from President Trump, who has sent mixed messages.

He has repeatedly referred to the insurer payments as a "bailout," which has been echoed by some conservative Republicans in Congress.  

Responding to that criticism Thursday, Alexander said he was open to adding any language the White House might have to strengthen a provision already in the bill to ensure that insurers can’t keep the payments for themselves, but rather have to pass savings on to consumers in the form of rebates or another mechanism.   

Alexander said he predicts the bill will pass by the end of the year. Some have suggested it could be attached to the end of year spending deal.

But the proposal might face an uphill battle in the House.

It received a cold reception from Speaker Paul RyanPaul Davis RyanTrump vows to stand with House GOP '1,000 percent' on immigration Heckler yells ‘Mr. President, f--- you’ as Trump arrives at Capitol Hoyer: GOP centrists 'sold out' Dreamers MORE (R-Wis.), who said the Senate should instead focus on repealing ObamaCare.  

But Alexander noted that the repeal bill passed by the House earlier in the year funded the insurer payments, known as cost-sharing reductions, for two years.

"Every Republican in the House of Representatives who voted to repeal and replace ObamaCare this year voted for a provision that continued the cost-sharing payments for two years. Our bill does the same thing," he said. 

In a concession to Republicans, the bill would also grant states more flexibility to waive ObamaCare rules and allow the sale of less comprehensive, cheaper “copper” plans.

But some conservatives have said this isn't enough. 

For those pushing for more conservative changes, Alexander said, "you can't get most of those changes without 60 votes in the United States Senate."

"We are certain that it can be improved, but I do not believe that Congress will want to deal with a problem that will hurt millions of Americans if we allow it to continue." 

The Republican co-sponsors include Sens. Mike RoundsMarion (Mike) Michael RoundsGOP senators introduce bill to prevent family separations at border Trump, senators headed for clash on cyber policy GOP support growing for anti-Trump trade bill MORE (R-S.D.), Lindsey GrahamLindsey Olin GrahamOvernight Health Care — Presented by the Association of American Medical Colleges — Trump officials move to expand non-ObamaCare health plans | 'Zero tolerance' policy stirs fears in health community | New ObamaCare repeal plan McCain, Coons: Trump should withdraw controversial refugee nominee GOP senators drafting legislation to keep immigrant families together MORE (R-S.C.), John McCainJohn Sidney McCainOvernight Defense: States pull National Guard troops over family separation policy | Senators question pick for Afghan commander | US leaves UN Human Rights Council 13 GOP senators ask administration to pause separation of immigrant families McCain, Coons: Trump should withdraw controversial refugee nominee MORE (R-Ariz.), Bill CassidyWilliam (Bill) Morgan CassidyOvernight Health Care — Presented by the Association of American Medical Colleges — Trump officials move to expand non-ObamaCare health plans | 'Zero tolerance' policy stirs fears in health community | New ObamaCare repeal plan On The Money — Sponsored by Prudential — Markets roiled by Trump's new tariff threat | Trump lashes out at Canada over trade | Warren looks to block Trump pick for consumer agency 13 GOP senators ask administration to pause separation of immigrant families MORE (R-La.), Susan CollinsSusan Margaret CollinsActress Marcia Gay Harden urges Congress to boost Alzheimer's funding 13 GOP senators ask administration to pause separation of immigrant families Trump plan to claw back billion in spending in peril MORE (R-Maine), Joni ErnstJoni Kay ErnstGOP senators introduce bill to prevent family separations at border Overnight Energy: Senate panel sets Pruitt hearing | Colorado joins California with tougher emissions rules | Court sides with Trump on coal leasing program Pruitt to testify before Senate panel in August MORE (R-Iowa), Lisa MurkowskiLisa Ann Murkowski13 GOP senators ask administration to pause separation of immigrant families Trump plan to claw back billion in spending in peril McCain calls on Trump to rescind family separation policy: It's 'an affront to the decency of the American people' MORE (R-Alaska), Charles GrassleyCharles (Chuck) Ernest GrassleyOn The Money — Sponsored by Prudential — Markets roiled by Trump's new tariff threat | Trump lashes out at Canada over trade | Warren looks to block Trump pick for consumer agency The Hill's Morning Report — Sponsored by PhRMA — Defiant Trump meets with House GOP amid border blowback Republican senator calls for face-to-face with EPA’s Pruitt MORE (R-Iowa), Johnny IsaksonJohn (Johnny) Hardy IsaksonOvernight Finance: Senators introduce bill to curb Trump's tariff authority | McConnell calls it 'exercise in futility' | Kudlow warns WTO won't dictate policy | Mulvaney feud with consumer advocates deepens Senators introduce bill to curb Trump's tariff authority Trump VA pick boosts hopes for reform MORE (R-Georgia), Richard BurrRichard Mauze BurrFormer Senate intel aide indicted for perjury makes first court appearance The Hill's Morning Report — Sponsored by PhRMA — Washington's week of 'we'll see' Former Senate Intel aide indicted in DOJ leak case MORE (R-N.C.), and Bob CorkerRobert (Bob) Phillips CorkerTrump angers biz groups with 0B tariff threat 13 GOP senators ask administration to pause separation of immigrant families Trump’s midterm suicide plan: Make children cry and mothers mad MORE (R-Tenn.). 

The  Democratic co-sponsors include Sens. Jeanne ShaheenCynthia (Jeanne) Jeanne ShaheenAmerica will not forget about Pastor Andrew Brunson Shaheen sidelined after skin surgery Members of Congress demand new federal gender pay audit MORE (D-N.H.), Joe DonnellyJoseph (Joe) Simon DonnellyActress Marcia Gay Harden urges Congress to boost Alzheimer's funding Manchin becomes final Democrat to back bill preventing separation of immigrant families Dems seek to leverage ObamaCare fight for midterms MORE (D-Ind.), Amy KlobucharAmy Jean KlobucharAmerica has reason to remember its consumer protection tradition when it comes to privacy Hillicon Valley: Judge approves AT&T-Time Warner deal in blow to DOJ | Dems renew push to secure state voting systems | Seattle reverses course on tax after Amazon backlash | Trump, senators headed for cyber clash | More Tesla layoffs Judge approves AT&T-Time Warner merger opposed by Trump MORE (D-Minn.), Heidi HeitkampMary (Heidi) Kathryn HeitkampPoll: GOP challenger narrowly leads Heitkamp in North Dakota Trump plan to claw back billion in spending in peril Manchin becomes final Democrat to back bill preventing separation of immigrant families MORE (D-N.D.), Al FrankenAlan (Al) Stuart FrankenRichard Painter puts out 'dumpster fire' in first campaign ad Bill Clinton says 'norms have changed' in society for what 'you can do to somebody against their will' The Hill's Morning Report — Trump: `A very great moment in the history of the world’ MORE (D-Minn.), Joe ManchinJoseph (Joe) ManchinKaine shares photos of child detention facility: ‘The real Trump Hotel’ Manchin becomes final Democrat to back bill preventing separation of immigrant families Manchin touts support for Trump border wall in new ad MORE (D-W.Va.), Tom CarperThomas (Tom) Richard CarperOvernight Energy: Senate panel sets Pruitt hearing | Colorado joins California with tougher emissions rules | Court sides with Trump on coal leasing program Pruitt to testify before Senate panel in August Lawmakers prep for coming wave of self-driving cars MORE (D-Del.), Tammy BaldwinTammy Suzanne BaldwinMembers of Congress demand new federal gender pay audit Ellison introduces bill to curb stock buybacks Dem Senate super PAC reserves million in fall TV ads MORE (D-Wis.), Claire McCaskillClaire Conner McCaskillHillicon Valley: Verizon, AT&T call off data partnerships after pressure | Tech speaks out against Trump family separation policy | T-Mobile, Sprint make case for B merger Senators introduce bipartisan bill to detect supply chain risks posing threats to national security Manchin becomes final Democrat to back bill preventing separation of immigrant families MORE (D-Mo.), and Maggie HassanMargaret (Maggie) HassanOvernight Health Care — Sponsored by PCMA — Health chief grilled on Trump drug pricing plan, ObamaCare case Health chief: Decision not to defend ObamaCare in court not a 'policy' position Overnight Health Care — Sponsored by PCMA — VA reform bill heads to Trump's desk MORE (D-N.H.). 

Sen. Angus KingAngus Stanley KingHeckler yells ‘Mr. President, f--- you’ as Trump arrives at Capitol Manchin becomes final Democrat to back bill preventing separation of immigrant families Hillicon Valley: Judge approves AT&T-Time Warner deal in blow to DOJ | Dems renew push to secure state voting systems | Seattle reverses course on tax after Amazon backlash | Trump, senators headed for cyber clash | More Tesla layoffs MORE (I-Maine) is also a co-sponsor.

Updated at 2:15 p.m.