McConnell, Trump Move For Full Repeal Of Obamacare
If at first you don’t succeed…
Trumpcare 3.0 (or was it 4.0?) failed Monday evening when Senate Republicans Mike Lee and Jerry Moran announced they would not be supporting the motion to proceed vote.
But quickly after the collapse of the Republican health bill, Senate Majority Leader Mitch McConnell announced that he will bring a full Obamacare repeal bill forward.
McConnell’s announcement came as Donald Trump took to Twitter late night to tell Republicans to “repeal failing Obamacare now” and begin working on a new plan later.
After the announcement from Jerry Moran and Mike Lee, McConnell vowed that “in the coming days, the Senate will vote” to take up a repeal of Obamacare “with a two-year delay to provide for a stable transition period.”
Full Obamacare repeal would be more catastrophic than the last GOP plan
It is unclear how many votes McConnell has for a full repeal of Obamacare.
According to the Congressional Budget Office, a full repeal of Obamacare would cause 32 million people to lose health insurance, which is 10 million more than the version of the GOP bill that failed Monday night.
Not only would tens of millions lose health insurance but premiums would also soar if Obamacare is repealed.
The CBO said that health insurance premiums would double by 2026.