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Sens. Alexander, Murray reach bipartisan deal on stabilizing ObamaCare

Sens. Lamar Alexander (R-Tenn.) and Patty Murray (D-Wash.) have reached a bipartisan deal to stabilize the Affordable Care Act, The New York Times reports. Alexander said Tuesday that the deal would "extend federal subsidies for two years and provide states with flexibility," Reuters writes.

The subsidies lower costs for low-income customers; President Trump decided last week to end the payments, although he signaled approval of the Alexander-Murray deal Tuesday. "This is a short-term solution," Trump said. "It will get us over this intermediate hump."

Conservatives are wary of "bailing out" insurers, though, and while Alexander has the support of some Senate Republicans, it is not clear if the plan would pass the House.