House Republicans release proposal to repeal ObamaCare
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.
House committees want to start voting on the 123-page legislation Wednesday. The plan is expected to cover fewer than the 20 million people insured under the ACA, The Associated Press reports.
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.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
Today's political cartoons - September 8, 2024
Cartoons Sunday's cartoons - circuitous thoughts, overheating circuits, and more
By The Week US Published
-
Chicken with Steph's spice
The Week Recommends This Caribbean-inspired recipe is mouthwateringly delicious
By The Week UK Published
-
A peaceful seaside village in Turkey
The Week Recommends Çıralı has been spared the 'scourge' of all-inclusive resort development
By The Week UK Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published
-
Disney and DeSantis reach detente
Speed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
By Peter Weber, The Week US Published
-
Visa and Mastercard agree to lower swipe fees
Speed Read The companies will cap the fees they charge businesses when customers use their credit cards
By Peter Weber, The Week US Published
-
Reddit IPO values social media site at $6.4 billion
Speed Read The company makes its public debut on the New York Stock Exchange
By Peter Weber, The Week US Published
-
Housing costs: the root of US economic malaise?
speed read Many voters are troubled by the housing affordability crisis
By Peter Weber, The Week US Published
-
Feds cap credit card late fees at $8
speed read The Consumer Financial Protection Bureau finalized a rule to save households an estimated $10 billion a year
By Peter Weber, The Week US Published