Overnight Healthcare: Senate delays ObamaCare vote past recess | Trump says GOP 'very close' to deal | Three more senators come out against bill

Overnight Healthcare: Senate delays ObamaCare vote past recess | Trump says GOP 'very close' to deal | Three more senators come out against bill
© Greg Nash

Senate Republicans are delaying their effort to vote on legislation repealing ObamaCare until after the July 4 recess after a number of members said they opposed the current bill.

Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellThe Hill's 12:30 Report: Trump orders more troops to Mideast amid Iran tensions What if 2020 election is disputed? Immigration bills move forward amid political upheaval MORE (R-Ky.) told members of the decision on Tuesday at a closed-door meeting.

"He simply said I think we need more time to work on it, we don't have the votes right now," Sen. Mike Rounds (R-S.D.) told reporters after the meeting.

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"We will not be on the bill this week," McConnell (R-Ky.) told dozens of reporters later on Tuesday. "We're going to continue the discussions in our conference"

Read more here.

 

Three more GOP senators announce opposition to healthcare bill

Sens. Jerry MoranGerald (Jerry) MoranOn The Money: Judge upholds House subpoena for Trump financial records | Trump vows to appeal ruling by 'Obama-appointed judge' | Canada, Mexico lift retaliatory tariffs on US | IRS audit rate falls GOP senator calls for resolution of trade dispute: 'Farmers and ranchers are hurting' Frustrated GOP senators want answers from Trump on Iran MORE (R-Kan.), Shelley Moore CapitoShelley Wellons Moore CapitoCongress, White House near deal on spending, debt limit GOP presses Trump to make a deal on spending Congressional Women's Softball team releases roster MORE (R-W.Va.) and Rob PortmanRobert (Rob) Jones PortmanHouse votes to boost retirement savings The Hill's Morning Report - White House, Congress: Urgency of now around budget WANTED: A Republican with courage MORE (Ohio) announced Tuesday afternoon that they will vote against the Senate GOP bill to repeal and replace ObamaCare in its current form.

Moran said in a statement on Twitter that the bill "missed the mark," adding that he was "pleased" that the vote on the Senate bill was delayed by Republican leadership until after the July 4 recess.

"The Senate healthcare bill missed the mark for Kansans and therefore did not have my support," Moran wrote. "I am pleased with the decision to delay the vote – now is the time to take a step back and put the full legislative process to work."

Read more here.

And click here for The Hill's Whip List for the latest look at where Republican lawmakers stand.

 

Club for Growth opposes Senate ObamaCare repeal

The Club for Growth also announced its opposition on Tuesday to the Senate GOP's ObamaCare repeal-and-replace legislation, arguing it would make the United States' healthcare system worse.

The conservative group said the Senate bill would actually "restore" ObamaCare by creating new mandates and imposing taxes.

"Only in Washington does repeal translate to restore," Club for Growth President David McIntosh said in a statement. "Because that's exactly what the Senate GOP healthcare bill does: it restores Obamacare.

Read more here.

 

McConnell insists repeal effort isn't dead

Senate Majority Leader Mitch McConnell (R-Ky.) insisted Tuesday that the GOP effort to repeal and replace ObamaCare isn't dead, despite delaying a Senate vote until after the July 4 recess.

"No, no, we're continuing to talk about it. It's a very complicated subject. I remember how challenging it was for the Democrats," he told reporters on Tuesday afternoon, when asked if it was "dead."

"We're still optimistic we're going to get there." 

GOP senators will head to the White House to meet with Trump on Tuesday afternoon, a move McConnell predicted would be helpful.  

"It's an ongoing discussion. Members have -- several of them want more time," he said. 

Read more here

 

Trump says Senate GOP 'very close'

President Trump said Tuesday afternoon that Senate Republicans are getting "very close" to an agreement that would allow them to pass their embattled plan to repeal and replace ObamaCare.

"I think the Senate bill is going to be great," Trump said during a photo-op ahead of a meeting with nearly every Republican senator at the White House.

"This will be great if we get it done, and if we don't get it done, it's just going to be something that we're not going to like and that's OK and I understand that very well," he continued. "But I think we have a chance to do something very, very important for the public, very, very important for the people of our country that we love."

Read more here.

 

Ryan defends CBO director amid backlash on Senate healthcare score

Speaker Paul RyanPaul Davis RyanAmash storm hits Capitol Hill Debate with Donald Trump? Just say no Ex-Trump adviser says GOP needs a better health-care message for 2020 MORE (R-Wis.) defended the head of the Congressional Budget Office (CBO) on Tuesday, just a day after the White House lashed out at the CBO's estimate that the Senate GOP healthcare bill would leave 22 million more people uninsured during the next decade.

Ryan expressed confidence in the integrity and impartiality of CBO Director Keith Hall, noting that then-Budget Committee Chairman Tom Price (R-Ga.) -- President Trump's current Health and Human Services secretary -- was among the GOP leaders who hired Hall in 2015.

"Yeah, he's actually a Republican appointee. If I'm not mistaken, Tom Price appointed him," Ryan, himself a former Budget Committee chairman, told reporters.

Read more here.

 

Study: Premiums would spike for older people under Senate bill

Premiums would increase for the "vast majority" of ObamaCare enrollees under the Senate Republican repeal bill, and especially for older and low-income people, a new study finds.

The study from the Kaiser Family Foundation finds that premiums would increase by an average of 74 percent, from $197 to $342, for the most popular type of plan.

The analysis looks at the cost of a mid-level "silver" plan after financial assistance is factored in. The GOP bill cuts back on that financial assistance, leaving most people to pay a higher share of premiums themselves.

Read more here.

 

Chamber urges Senate to kill 'Cadillac tax'

The U.S. Chamber of Commerce urged Senate Republicans to repeal ObamaCare's "Cadillac Tax" on high-cost employer insurance plans in its healthcare replacement bill.

The tax isn't slated to go into effect until 2020, and the current Senate draft would further delay its implementation until 2026 to comply with the chamber's budget rules.

But the Chamber of Commerce and 28 other professional organizations want the Senate to scrap the tax permanently.

"As senators work to revise and amend this legislation to repeal and replace the [Affordable Care Act], we encourage you to protect the employer-sponsored system by fully repealing the ACA's 40% 'Cadillac Tax' and refrain from imposing any new taxes on employee health care benefits," the groups wrote in a letter to senators Tuesday.

The tax imposes a 40 percent levy on employer health plans with annual premiums exceeding $10,800 for individuals.

Read more here.

 

Lawmaker loses $17M on pharma stock pitched to colleagues

A Republican congressman lost close to $17 million on Tuesday when stock in an Australian pharmaceutical company he allegedly promoted to other lawmakers plunged to pennies per share.

Shares of Innate Immunotherapeutics fell more than 90 percent in Sydney after a multiple sclerosis drug being tested by the pharma company showed no signs of working.

Rep. Chris Collins (R-N.Y.), the largest stockholder in the company, lost roughly $17 million as Innate's stock price sunk after the news broke Tuesday morning, according to Bloomberg. Collins sits on the company's board of directors.

In a statement Tuesday, Collins called the failed clinical trial and subsequent drop in the stock price "disappointing," but said he and other investors knew they were taking a risk.
Read more here.

 

What we're reading

Opioids could kill nearly 500,000 in U.S. in next decade (Stat News)

U.S. malaria donations saved almost 2 million African children (The New York Times)

 

State by state

Medicaid caps in healthcare bills could push more special needs costs onto schools (Milwaukee Journal Sentinel)

Cuomo warns of new tax to offset GOP health plan (WGRZ)

Why universal healthcare died in California (Sacramento Bee)

 

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