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 AlexanderPelosi aide hopeful White House will support drug-pricing bill despite criticism Overnight Energy: BLM staff face choice of relocation or resignation as agency moves | Trump says he's 'very much into climate' | EPA rule would expand limits on scientific studies Juan Williams: Republicans flee Trump 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 Ryan Retirees should say 'no thanks' to Romney's Social Security plan California Governor Newsom and family dress as 2020 Democrats for Halloween DC's liaison to rock 'n' roll 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 RoundsHillicon Valley: Facebook launches 'News Tab' | Senate passes bill to take on 'deepfakes' | Schumer outlines vision for electric cars Senate passes legislation to combat 'deepfake' videos America's newest comedy troupe: House GOP MORE (R-S.D.), Lindsey GrahamLindsey Olin GrahamGOP eager for report on alleged FBI surveillance abuse Johnson opens door to subpoenaing whistleblower, Schiff, Bidens Overnight Defense: Erdoğan gets earful from GOP senators | Amazon to challenge Pentagon cloud contract decision in court | Lawmakers under pressure to pass benefits fix for military families MORE (R-S.C.), John McCainJohn Sidney McCainDonald Trump's 2020 election economic gamble 2020 Democrats make play for veterans' votes The Memo: Democrats confront prospect of long primary 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 CollinsOvernight Defense: Erdoğan gets earful from GOP senators | Amazon to challenge Pentagon cloud contract decision in court | Lawmakers under pressure to pass benefits fix for military families Senate confirms controversial circuit court nominee Lawmakers under pressure to pass benefits fix for military families MORE (R-Maine), Joni ErnstJoni Kay ErnstOvernight Defense: Erdoğan gets earful from GOP senators | Amazon to challenge Pentagon cloud contract decision in court | Lawmakers under pressure to pass benefits fix for military families Turkish media paints White House visit as Erdoğan triumph over Trump Erdoğan gets earful from GOP senators at White House MORE (R-Iowa), Lisa MurkowskiLisa Ann MurkowskiHillicon Valley: Federal inquiry opened into Google health data deal | Facebook reports millions of post takedowns | Microsoft shakes up privacy debate | Disney plus tops 10M sign-ups in first day Senators press FDA tobacco chief on status of vaping ban Federal inquiry opened into Google health data deal MORE (R-Alaska), Charles GrassleyCharles (Chuck) Ernest GrassleyBooker, Sanders propose new federal agency to control drug prices GOP eager for report on alleged FBI surveillance abuse Johnson opens door to subpoenaing whistleblower, Schiff, Bidens MORE (R-Iowa), Johnny IsaksonJohnny IsaksonVeterans face growing threat from online disinformation Eleven GOP senators sign open letter backing Sessions's comeback bid Juan Williams: Republicans flee Trump MORE (R-Georgia), Richard BurrRichard Mauze BurrNorth Carolina poised to pass new congressional maps Saagar Enjeti claims Pelosi's impeachment strategy could hurt 2020 Democrats The Hill's 12:30 Report: Pelosi accuses Trump of 'bribery' in Ukraine dealings MORE (R-N.C.), and Bob CorkerRobert (Bob) Phillips CorkerLindsey Graham basks in the impeachment spotlight The Hill's 12:30 Report — Presented by Nareit — White House cheers Republicans for storming impeachment hearing GOP senators frustrated with Romney jabs at Trump MORE (R-Tenn.). 

The  Democratic co-sponsors include Sens. Jeanne ShaheenCynthia (Jeanne) Jeanne ShaheenOn The Money: US paid record .1B in tariffs in September | Dems ramp up oversight of 'opportunity zones' | Judge hints at letting House lawsuit over Trump tax returns proceed Overnight Energy: EPA watchdog slams agency chief after deputy fails to cooperate in probe | Justices wrestle with reach of Clean Water Act | Bipartisan Senate climate caucus grows Overnight Defense: Trump, Erdogan confirm White House meeting | Public impeachment hearings set for next week | Top defense appropriator retiring 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 KlobucharElection 2020: Why I'm watching Amy and Andy 2020 Democrats demand action on guns after Santa Clarita shooting Hillicon Valley: Federal inquiry opened into Google health data deal | Facebook reports millions of post takedowns | Microsoft shakes up privacy debate | Disney plus tops 10M sign-ups in first day 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) ManchinFormer coal exec Don Blankenship launches third-party presidential bid Centrist Democrats seize on state election wins to rail against Warren's agenda Overnight Energy: Senate eyes nixing 'forever chemicals' fix from defense bill | Former Obama EPA chief named CEO of green group | Senate reviews Interior, FERC nominees criticized on ethics MORE (D-W.Va.), Tom CarperThomas (Tom) Richard CarperOvernight Energy: BLM staff face choice of relocation or resignation as agency moves | Trump says he's 'very much into climate' | EPA rule would expand limits on scientific studies Democrats give Warren's 'Medicare for All' plan the cold shoulder Liz Cheney applauds Trump for pulling out of Paris climate agreement MORE (D-Del.), Tammy BaldwinTammy Suzanne BaldwinIt's time for Congress to establish a national mental health crisis number The Hill's Morning Report - Presented by Better Medicare Alliance - Dems unveil impeachment measure; Vindman splits GOP The Hill's Morning Report - Presented by Better Medicare Alliance - Dems shift strategy on impeachment vote MORE (D-Wis.), Claire McCaskillClaire Conner McCaskillMSNBC's McCaskill: Trump used 'his fat thumbs' to try to intimidate Yovanovitch GOP senator rips into Pelosi at Trump rally: 'It must suck to be that dumb' Iranian attacks expose vulnerability of campaign email accounts MORE (D-Mo.), and Maggie HassanMargaret (Maggie) HassanHillicon Valley: Facebook launches 'News Tab' | Senate passes bill to take on 'deepfakes' | Schumer outlines vision for electric cars Senate passes legislation to combat 'deepfake' videos Hillicon Valley: Senators seek national security review of TikTok | TikTok denies claims of Chinese government influence | CNN chief rips Facebook policy on political ads | Dem questions DHS' handling of personal data MORE (D-N.H.). 

Sen. Angus KingAngus KingOvernight Energy: EPA watchdog slams agency chief after deputy fails to cooperate in probe | Justices wrestle with reach of Clean Water Act | Bipartisan Senate climate caucus grows Bipartisan Senate climate caucus grows by six members Senators fear Syria damage 'irreversible' after Esper, Milley briefing MORE (I-Maine) is also a co-sponsor.

Updated at 2:15 p.m.