On Monday, House Republicans unveiled the American Health Care Act, their long-awaited bill to repeal and replace the major tenets of the Affordable Care Act.
The proposal calls for freezing enrollment in the ACA's expanded Medicaid program on Jan. 1, 2020, and moving forward, capping federal funding for Medicaid. Until the end of 2019, states would be able to sign individuals up for expanded Medicaid. The proposal includes refundable tax credits, based on age and capped at a specific income threshold, for people who want to purchase health insurance, and repeals most taxes that were used to fund ObamaCare and the penalty for individual and employer mandates to buy insurance.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
Today's political cartoons - September 8, 2024Cartoons Sunday's cartoons - circuitous thoughts, overheating circuits, and more
-
Chicken with Steph's spiceThe Week Recommends This Caribbean-inspired recipe is mouthwateringly delicious
-
A peaceful seaside village in TurkeyThe Week Recommends Çıralı has been spared the 'scourge' of all-inclusive resort development
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
-
Disney and DeSantis reach detenteSpeed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
-
Visa and Mastercard agree to lower swipe feesSpeed Read The companies will cap the fees they charge businesses when customers use their credit cards
-
Reddit IPO values social media site at $6.4 billionSpeed Read The company makes its public debut on the New York Stock Exchange
-
Housing costs: the root of US economic malaise?speed read Many voters are troubled by the housing affordability crisis
-
Feds cap credit card late fees at $8speed read The Consumer Financial Protection Bureau finalized a rule to save households an estimated $10 billion a year
