wallstreetexaminer.com / by Money Morning Staff Reports via Money Morning /
Republican members of Congress have been in-fighting all week on a Senate bill to repeal Obamacare, President Barack Obama’s legacy healthcare law.
It all started last Tuesday, when Sen. Mike Enzi (R-WY) introduced a bill that would use budget reconciliation to push Obamacare repeal forward by undoing significant parts of it. The proposal would need only a simple 50-vote majority – to be taken this week – in the Senate to pass.
No more than three Senate Republicans can break ranks on their party’s repeal plan, and, presently, there are at least nine who aren’t completely sold on the idea.
Here’s what led to the repeal vote falling apart…
No Obamacare Repeal Without Clear-Cut Replacement Plan
Last Thursday, GOP Sens. Rand Paul (KY), Susan Collins (ME), John McCain (AZ), and Tom Cotton (AR) publicly raised doubts about their party’s strategy.
They were concerned about the lack of strategy in the “replacement” portion of Enzi’s ACA repeal proposal.