The Hill is reporting that Sens. Lamar Alexander (R-Tenn.) and Sen. Patty Murray (D-Wash.) have announced a bipartisan agreement to stabilize the Affordable Care Act.
The deal would extend key Obamacare payments to insurers for two years and give states more flexibility to change Obamacare rules.
President Trump had announced he was cutting off the payments last week, a move that many said would raise ObamaCare premiums and lower enrollment.
More from the New York Times:
“This takes care of the next two years,” Mr. Alexander said. “After that, we can have a full-fledged debate on where we go long-term on health care.”
The deal between Mr. Alexander, the chairman of the Senate health committee, and Ms. Murray, the panel’s top Democrat, is an important step for lawmakers hoping to shore up insurance markets after Republicans’ failed efforts to repeal the health law.
Mr. Alexander told reporters on Monday that Mr. Trump had encouraged him to reach a deal with Ms. Murray.
But it remains to be seen whether conservative-leaning Republicans will get on board with the agreement, and whether the House will entertain it. Some Republicans have said they do not wish to provide what they describe as a bailout to insurers.
Just ONE day into his role as Senate Majority Leader, Mitch McConnell (R-KY) takes credit for the good news on the American economy saying it’s all about the fact that Republican have a brand new majority in Congress:
“After so many years of sluggish growth, we’re finally starting to see some economic data that can provide a glimmer of hope; the uptick appears to coincide with the biggest political change of the Obama administration’s long tenure in Washington: the expectation of a new Republican Congress,” McConnell said on Wednesday. “So this is precisely the right time to advance a positive, pro-growth agenda.”
The Democratic National Committee thought the comment was more than hysterical, emailing a statement with the subject line “DNC to McConnell: Hahahahahahahahahahaha.”
Here’s the statement from DNC Communications Director Mo Elleithee:
Hahahahahahahahahahaha. That Mitch McConnell is one funny guy. He likes to remind people all the time that he’s not a scientist. Now we know he’s not a mathematician or an economist either.
The fact is, under President Obama we’ve had 57 straight months of private sector job growth leading to nearly 11 million jobs added.
All Republicans have given us is a government shutdown that cost the economy $24 billion.
I get why he wants to take credit for the economic recovery. But maybe he should first do something to help contribute to it.