Senate anticipates seeing revised health care bill today

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Senate Republicans released a revised draft of the Better Care and Reconciliation Act (BCRA) on Thursday, and it does not make fundamental changes from the original version. The taxes include a 3.8 percent tax on net investment income for high-income earners, a 0.9 percent Medicare surtax, and the "insurance executive tax break".

The draft leaves numerous Obamacare taxes in place, including on high-income earners, while allowing Americans to buy less expensive plans, which offer fewer medical services.

One of those opposed is Senator Rand Paul (R-Kentucky), who said the new bill does not repeal Obamacare, "not even close". "We are going to take about five-hundred-billion dollars and flow it back to the states with a formula that's fair", said U.S. Senator Lindsey Graham, (R) SC.

The resurrected legislation will ease some of the initial bill's cuts in Medicaid, the health insurance programme for the poor, disabled and nursing home patients.

The home state of a key undecided senator could receive hundreds of millions of dollars under an updated Senate GOP bill to repeal ObamaCare. After all, when the Affordable Care Act was passed, the only change that it made in the Medicaid program was to allow states to expand eligibility with increased federal assistance if they chose to do so.

A previous attempt at health care overhaul failed to unite Republicans, some of whom lean more conservative and some more moderate. Ted Cruz, R-Texas, to permit stripped-down health plans that amount to catastrophic coverage and little else.

On Thursday morning, Republican Sen.

'I promised people I would repeal Obamacare, this bill doesn't repeal it, ' Paul said.

Concessions to conservatives include giving each state the flexibility to let insurance companies offer cheap, no-frills plans alongside those that include certain health benefits mandated by Obamacare.

The new bill adds $70 billion more to the $100 billion which would be provided to the states to reduce health insurance premiums. If only two Republicans defect, Vice President Mike Pence could cast a tie-breaking vote to move the legislation forward. She has also expressed opposition to the cuts to Medicaid and a freeze in funds for Planned Parenthood, neither of which changed from the original version.