GOP unveils ‘Obamacare’ overhaul

But multiple Republican Senators are not on board with plan.

Razor on Twitter

It’s not a healthcare bill, it’s a transfer of wealth.” -guy who used the IRS to force people from one group to buy something for another https://t.co/mke2l9nvDg

Razor on Twitter

It’s not a “transfer of wealth” if Obama forced you to pay for another’s health ins, but it *is* one if the GOP lets you keep your money.

Via the AP: 

Senate Republicans launched their plan for shriveling Barack Obama’s health care law Thursday, edging a step closer to their dream of repeal with a bill that would slice and reshape Medicaid for the poor, relax rules on insurers and end tax increases on higher earners that have helped finance expanded coverage for millions.

Four conservative GOP senators quickly announced initial opposition to the measure and others were evasive, raising the specter of a jarring rejection by the Republican-controlled body. But Senate Majority Leader Mitch McConnell, R-Ky., indicated he was open to discussion and seemed determined to muscle the measure through his chamber next week.

Release of the 142-page proposal ended the long wait for one of the most closely guarded bills in years. McConnell stitched it together behind closed doors, potentially moving President Donald Trump and the GOP toward achieving perhaps their fondest goal – repealing former President Obama’s 2010 statute, his proudest domestic legacy.

On Twitter, Trump said he was “very supportive” of the bill. On Facebook, Obama said at the heart of the bill was “fundamental meanness.”

The bill would end Obama’s tax penalties on people who don’t buy insurance – effectively ending the so-called individual mandate – and on larger companies that don’t offer coverage to their workers. It would offer less generous subsidies for people than Obama’s law but provide billions to states and insurance companies to buttress markets that in some areas have been abandoned by insurers.