David Beard

Obamacare Repeal Continues to Circle the Drain Despite GOP's Best Efforts

After last November’s election, I made the case that Obamacare was not as doomed as many expected in the wake of Trump’s surprise victory. Almost four months later, Obamacare is actually in better shape than anticipated. In their newly released legislation, Republicans have already given up on complete repeal of Medicaid expansion (freezing it in 2020 instead) or the elimination of subsidies to help purchase insurance (substituting refundable tax credits, which are essentially subsidies). And this is the House GOP leadership plan—this is supposed to be the hardline conservative version of the bill! Obviously the bill is still terrible, but considering all the over-the-top boasts we’ve heard from Republicans, it’s quite the comedown.

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