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Congressional Republicans Support President's Proposal to Replace Affordable Care Act

American senators are working through the weekend for the first time since the federal closure began over a month ago, but expectations for a cross-party deal on how to resolve the impasse appeared to diminish as GOP senators proposed a proposal unacceptable to Democrats: eliminating the Affordable Care Act, called Obamacare.

Growing Impact of Federal Closure

The impact on Americans from the lengthiest shutdown of the US government in history worsened on Saturday, as government employees went unpaid, carriers were forced to ground planes and SNAP benefits have been postponed for 42 million Americans.

Trump's Proposal from Golf Course

As weekend session got started, Republican senators welcomed a proposal made on online platforms early Saturday by Donald Trump from his resort in West Palm Beach, for subsidies to be substituted by health savings accounts.

"My recommendation is to Senate Republicans that the Billions of Dollars currently being sent to profit-driven Insurance Companies in order to save the ineffective Healthcare provided by ObamaCare, BE SENT DIRECTLY TO THE PEOPLE SO THAT THEY CAN PURCHASE THEIR OWN, MUCH BETTER, HEALTHCARE," Trump wrote.

GOP Endorsement

Several Republican senators welcomed the plan, which is comparable with a alternative for Obamacare proposed in 2017.

"We're going to replace this broken system with something that is truly better for the consumer," one senator stated.

Another senator praised Trump's proposal on social media, and stood next to a large print of Trump's post as he addressed on the Senate floor.

"I'm writing the bill right now," a third senator wrote in response to Trump's proposal. "We need to stop taxpayer money from going to insurance companies and instead give it straight to Americans in health savings accounts and let them buy the medical coverage they want."

Opposition Response

Democratic senators expressed alarmed reactions to Trump's plan.

"In other words, Donald Trump's 'concept of a plan' for health care is yet another cynical attempt to eliminate Obamacare," one Democratic senator stated. "This is the same failed Republican plan that's been rejected by voters and Congress."

Another senator responded to the criticism of insurance companies by posting: "Oh, Trump and the Republicans can't stand how the big, bad insurance companies are ripping-off Americans. Really? Then I applaud your support for Medicare for All."

Ongoing Negotiations

The Senate went into recess without reaching a resolution, but Senate Republican leaders have indicated an openness to an emerging proposal from a small group of centrist lawmakers to terminate the shutdown in return for a future vote on the Obamacare subsidies.

One Democratic senator, who is spearheading the negotiations among moderates, said that Democrats "require another way ahead" after Republicans turned down an offer to reopen the government and extend the subsidies for a year.

Another leading Democratic lawmaker continued in arguing that Republicans should accept a 12-month continuation of the subsidies before discussing the long-term of the subsidies.

"Doing nothing is derelict because people will go into debt, people will lose insurance, people will get sicker," the senator said in a floor speech. "That is what will happen if this Congress fails to act."

Partisan Dynamics

Not one of the Republican senators seemed to address the fact that patients would still need to buy coverage from the same insurance companies, or that Republican lawmakers need the support of several Democrats to restart the government, and the idea of eliminating and replacing Obamacare with HSAs is improbable to earn a single Democratic vote.

Some observers indicated that the essence of such a plan would remove the ACA's mandate that insurance companies cover individuals with existing health issues.

After his resort visit, Trump went back to his residence and reiterated on his demand that Republicans stop seeking agreement and try instead to eliminate and replace Obamacare with a iteration of the proposal that was unsuccessful to garner enough support in 2017.

AS
About the author

Alejandro Schneider

Maya Chen is a financial analyst specializing in high-risk investments, with over a decade of experience in volatile markets and alpha-seeking strategies.

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