Wednesday, 18 October, 2017

US Senate rejects Obamacare repeal bill in blow to Trump (Third Lead)

Former House Majority Leader Eric Cantor Former House Majority Leader Eric Cantor. Mark Wilson Getty Images
Christy Curtis | 30 July, 2017, 00:33

Staff of Senate Majority Leader Mitch McConnell (R-Ky.) crafted the new bill, which was under discussion all afternoon and posted publicly late Thursday evening.

That effort failed, but now the plan is evidently for Republicans to work on a new bill that can be brought forward in a few weeks; at least, this is what President Trump wants to happen. They are Lisa Murkowski of Alaska, Susan Collins of ME and, providing the decisive vote, Sen.

3 Republicans and 48 Democrats let the American people down.

"It's time to move on", he said.

The American Medical Association came out against the HCFA on Thursday, calling it a "toxic prescription".

The "skinny repeal" bill doesn't, prompting the two leading insurance industry lobbying groups to warn that premiums could rise and insurers could drop out of the market if the individual mandate is not replaced. "The stated goal was to advance policies to lower premiums, but the "skinny" bill would do the exact opposite, harming patients across the country".

Of course, even if Ryan promises to take the matter to a conference committee, there's no guarantee that the process would produce a new bill that could pass both the House and the Senate. There are going to be plenty of input from all affected by the health care law ready to speak to committees in the Senate and the House, as soon as the hearings start. It is possible that the House will vote on a motion to go to conference on Friday before they leave town as that assurance. By having a conference, the senators hope they can change the "skinny" bill before a final vote.

Ryan said the Senate must vote first on whatever compromise is reached by House and Senate negotiators.

"While the amendment would have repealed some of Obamacare's most burdensome regulations, it offered no replacement to actually reform our healthcare system and deliver affordable, quality healthcare to our citizens", McCain said, according to the report. "That's the hardest thing about politics these days is that people feel they are obligated to vote down party lines". "We have to keep working at this until we get the job done". Several said they would only vote for the so-called skinny repeal on the condition that the House never take it up and it never becomes law.

Despite last-minute pleas from Vice President Mike Pence on Capitol Hill, Senate Republicans were unable to push through a bill early Friday morning that would have repealed parts of the Affordable Care Act, which was passed in 2010.

"Unquestionably, the leadership at the top is responsible", the Alabama congressman and US Senate candidate replied.

The setback leaves Trump without a major legislative win after more than six months in power, despite Republicans controlling the White House, Senate and House. The parliamentarian said the original bill - which just applied to Planned Parenthood - did not adhere to the Senate's rules for reconciliation, though the "skinny bill" could broaden the impact to additional providers. From passage, the bill could go straight to the House floor for a vote, or move into a conference committee. "I don't think that is going to work in the end".

Recommended

Brokers Watch List: AK Steel Holding Corp (NYSE:AKS) Brokers Watch List: AK Steel Holding Corp (NYSE:AKS) Nikko Asset Management Americas Inc. increased its position in shares of United States Steel by 36.4% in the first quarter. The analysts estimated mean EPS at 0.14 while the high and low EPS estimate stand at 0.26 and -0.02 respectively.

Antonio Conte Names His Dream £100 Million Striker Antonio Conte Names His Dream £100 Million Striker The question now is how far will Antonio Conte's side go for him, and if it will be enough for Juventus to accept. Former Tottenham Hotspur striker Les Ferdinand is convinced that Harry Kane will not leave the club this summer.

Tottenham boss Mauricio Pochettino demands 'more respect' from Antonio Conte Tottenham boss Mauricio Pochettino demands 'more respect' from Antonio Conte Tottenham have offloaded Kyle Walker during the current transfer window, with a record-breaking deal taking the full-back to Manchester City .

Aso announces emergency tariffs of 50% on imported frozen beef from Aug Aso announces emergency tariffs of 50% on imported frozen beef from Aug Japan is the top destination for US chilled and frozen beef, with trade valued at $581 million this year through May. Aso told reporters the government is explaining the move to the United States and other countries.

European Union threatens Poland with sanctions over judiciary powers overhaul European Union  threatens Poland with sanctions over judiciary powers overhaul Timmermans without knowledge of the bills and Polish law comes up with a hurtful criticism of Poland". Kaczynski said he expects "very strong resistance" to his party's plans to decentralize the media.

Trump banned transgender troops after border wall funding was threatened, report says It now heads to the Senate - where Democrats have a significant strength - before it can be signed into law by the U.S. president. Andy Biggs, R-Gilbert, focused on the fact that Congress had "taken the first significant step to build the wall".

Centrica PLC's (LON:CNA) Sell Rating Reaffirmed at Deutsche Bank AG Centrica PLC's (LON:CNA) Sell Rating Reaffirmed at Deutsche Bank AG JP Morgan has "Neutral" rating and GBX 781 target. 6/22/2017-Morgan Stanley initiated coverage with a Equal weight rating. Hap Trading has invested 0.02% in BioCryst Pharmaceuticals, Inc. 55,904 were reported by Amica Mutual Insurance.

Jordan: Israeli embassy attack over 'furniture delivery deadlines' Jordan: Israeli embassy attack over 'furniture delivery deadlines' Jordanians took to the streets of Amman last week to protest against Israeli policies at the shrine. Israel shielded the guard in question under the Vienna convention, claiming diplomatic immunity.

Ravi teja sit interrogation today Ravi teja sit interrogation today The actress, who was grilled for more than six hours stated that she smokes and consumes alcohol but has never taken drugs. The SIT has summoned 12 persons from the film industry, including directors and actors, for questioning in the case.

In Pics: Gujarat floods wreak havoc In Pics: Gujarat floods wreak havoc Narmada Mahotsav and Swagat Online program scheduled on tomorrow also cancelled due to heavy rain and flood. In the last 24 hours, Ahmedabad alone has received 200 mm of rainfall, according to official figures.

Stephen Colbert responds to Trump's trans military ban: 'F- you' Stephen Colbert responds to Trump's trans military ban: 'F- you' Jenner referred to an old tweet Trump wrote as a presidential candidate, in which he promised to "fight for " LGBTQ people. Military chiefs recently announced a delay on allowing transgender people to enlist.

RBA Chief Says Rate Cut To Stimulate Inflation Risks Financial Stability RBA Chief Says Rate Cut To Stimulate Inflation Risks Financial Stability The Pound Sterling to Australian Dollar exchange rate is trending 0.3% higher at 1.6477 (26-07-17 10:30). The policy rates in both the United States and Canada still remain below that in Australia.

Twitter Shares Plummet After It Reports No Usage Growth In Q2 Twitter Shares Plummet After It Reports No Usage Growth In Q2 The company said it expected adjusted underlying earnings (EBITDA) will be between US$130mln and US$150mln in the third quarter. For its part, Twitter has encouraged investors to focus on other areas for user engagement. "It always was and always will be".

Republican 'repeal-only' health care measure fails in Senate Republican 'repeal-only' health care measure fails in Senate Forced into a vote by Donald Trump , the Senate has so far failed to pass a bill to repeal and/or replace Obamacare . Rand Paul introduced the amendment - within two years , and come up with a replacement plan in the meantime.

Quincy Jones Wins Big In Michael Jackson Music Royalties Lawsuit! Quincy Jones Wins Big In Michael Jackson Music Royalties Lawsuit! Lawyers for Jones argued "This Is It" counted as a "videoshow", per his contract, entitling him to a share of net receipts. They added: "Any amount above and beyond what is called for in his contracts is too much and unfair to Michael's heirs".