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 AlexanderGOP braces for impeachment brawl McConnell tightlipped as impeachment furor grows GOP senator: 'Inappropriate' to discuss opponents, but impeachment a 'mistake' 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 RyanAmash: Trump incorrect in claiming Congress didn't subpoena Obama officials Democrats hit Scalia over LGBTQ rights Three-way clash set to dominate Democratic debate 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 RoundsAmerica's newest comedy troupe: House GOP 'Mike Pounce' trends on Twitter after Trump slip at GOP retreat Conservatives offer stark warning to Trump, GOP on background checks MORE (R-S.D.), Lindsey GrahamLindsey Olin GrahamTrump-GOP tensions over Syria show signs of easing Trump invites congressional leaders to meeting on Turkey Graham opens door to calling Hunter Biden to testify MORE (R-S.C.), John McCainJohn Sidney McCainMeghan McCain: It's 'breaking my heart' Warren is leading Biden in the polls The Hill's 12:30 Report: Video depicting Trump killing media, critics draws backlash Backlash erupts at video depicting Trump killing media, critics MORE (R-Ariz.), Bill CassidyWilliam (Bill) Morgan CassidyUN Security Council to meet after Turkey launches Syria offensive Trump faces growing GOP revolt on Syria To win the federal paid family leave debate, allow states to lead the way MORE (R-La.), Susan CollinsSusan Margaret CollinsTrump-GOP tensions over Syria show signs of easing Susan Collins raises .1 million in third quarter Poll: 50 percent of Maine voters disapprove of Susan Collins's job performance MORE (R-Maine), Joni ErnstJoni Kay ErnstTrump's GOP impeachment firewall holds strong 10 top Republicans who continue to deny the undeniable GOP braces for impeachment brawl MORE (R-Iowa), Lisa MurkowskiLisa Ann MurkowskiOvernight Energy: Trump administration issues plan to reverse limits on logging in Tongass National Forest| Democrats inch closer to issuing subpoenas for Interior, EPA records| Trump's plan to boost ethanol miffs corn groups and the fossil fuel industry Trump administration issues plan to reverse limits on logging in Tongass National Forest Democrats can lose Trump impeachment battle and still win electoral war MORE (R-Alaska), Charles GrassleyCharles (Chuck) Ernest GrassleyGOP braces for impeachment brawl PhRMA CEO warns Pelosi bill to lower drug prices would be 'devastating' for industry GOP requests update on criminal referrals prompted by 2018 Kavanaugh probe MORE (R-Iowa), Johnny IsaksonJohnny IsaksonJoe Lieberman's son running for Senate in Georgia Poll: Majority of independent voters want GOP to retain control of Senate in 2020 Embracing President Mike Pence might be GOP's best play MORE (R-Georgia), Richard BurrRichard Mauze BurrJuan Williams: Trump, the conspiracy theory president Blood cancer patients deserve equal access to the cure Senate Intelligence report triggers new calls for action on election security MORE (R-N.C.), and Bob CorkerRobert (Bob) Phillips CorkerTrump's GOP impeachment firewall holds strong George Conway hits Republicans for not saying Trump's name while criticizing policy Trump announces, endorses ambassador to Japan's Tennessee Senate bid MORE (R-Tenn.). 

The  Democratic co-sponsors include Sens. Jeanne ShaheenCynthia (Jeanne) Jeanne ShaheenOvernight Energy: Advisory panel pushes park service to privatize campgrounds | Dems urge Perry to keep lightbulb efficiency rules | Marshall Islands declares national climate crisis Democrats urge Rick Perry not to roll back lightbulb efficiency rules Overnight Health Care — Presented by Coalition Against Surprise Medical Billing — Planned Parenthood charges into 2020 | PhRMA CEO warns against Pelosi drug pricing bill | Medicaid work requirements costing states millions MORE (D-N.H.), Joe DonnellyJoseph (Joe) Simon DonnellyWatchdog accuses pro-Kavanaugh group of sending illegal robotexts in 2018 Lobbying world Trump nominees meet fiercest opposition from Warren, Sanders, Gillibrand MORE (D-Ind.), Amy KlobucharAmy Jean KlobucharWarren defends, Buttigieg attacks in debate that shrank the field Five takeaways from the Democratic debate in Ohio Warren leads in speaking time during debate MORE (D-Minn.), Heidi HeitkampMary (Heidi) Kathryn HeitkampThe Hill's Morning Report — Biden steadies in third debate as top tier remains the same Trump wins 60 percent approval in rural areas of key states Pence to push new NAFTA deal in visit to Iowa MORE (D-N.D.), Al FrankenAlan (Al) Stuart FrankenTake Trump literally and seriously in Minnesota Ninth woman accuses Al Franken of inappropriate contact Al Franken to host SiriusXM radio show MORE (D-Minn.), Joe ManchinJoseph (Joe) ManchinThe Hill's 12:30 Report — Presented by USAA — Ex-Ukraine ambassador testifies Trump pushed for her ouster GOP requests update on criminal referrals prompted by 2018 Kavanaugh probe Fallout from Kavanaugh confirmation felt in Washington one year later MORE (D-W.Va.), Tom CarperThomas (Tom) Richard CarperInstead of raising the gas tax, stop wasting money on frivolous projects To stave off a recession, let's pass a transportation infrastructure bill Overnight Energy: Trump tweets he's revoking California's tailpipe waiver | Move comes as Trump visits state | California prepares for court fight | Climate activist Greta Thunberg urges lawmakers to listen to scientists MORE (D-Del.), Tammy BaldwinTammy Suzanne BaldwinFederal funding for Chinese buses risks our national security Democrats threaten to withhold defense votes over wall The Trump downturn: Trouble ahead for the US economy MORE (D-Wis.), Claire McCaskillClaire Conner McCaskillIranian attacks expose vulnerability of campaign email accounts Ex-CIA chief worries campaigns falling short on cybersecurity Ocasio-Cortez blasts NYT editor for suggesting Tlaib, Omar aren't representative of Midwest MORE (D-Mo.), and Maggie HassanMargaret (Maggie) HassanHillicon Valley: Senate passes bill to boost cyber help for agencies, businesses | Watchdog warns Energy Department failing to protect grid | FTC sues Match for allegedly conning users Senate approves bill to boost cyber assistance for federal agencies, private sector Democrats hit Scalia over LGBTQ rights MORE (D-N.H.). 

Sen. Angus KingAngus Stanley KingOvernight Defense: Dems grill Trump Army, Air Force picks | House chair subpoenas Trump Afghanistan negotiator | Trump officials release military aid to Ukraine Democrats grill Army, Air Force nominees on military funding for border wall Bipartisan panel to issue recommendations for defending US against cyberattacks early next year MORE (I-Maine) is also a co-sponsor.

Updated at 2:15 p.m.