Trump Is Lying About Graham-Cassidy (or Doesn't Know How to Read)

Trump Is Lying About Graham-Cassidy (or Doesn't Know How to Read)

"Republicans (are) talking about taking away billions of dollars from the commonwealth of MA, the kind of money that goes into our health care centers, the kind of money that goes into making sure people in MA get the health care coverage that they need", U.S. Sen. The senator later introduced an Obamacare repeal bill with cosponsor Senator Lindsey Graham, that Kimmel, 49, did not approve of.

The American Gastroenterological Association announced its concern that the proposed Cassidy-Graham bill to repeal parts of the Affordable Care Act would roll back Medicaid expansion and result in dramatic changes to the way federal health care funds are distributed to states. The rules say any bill that comes after that will need the support of more than 51 senators, which would mean Democratic support.

Graham-Cassidy - named for the two Republicans spearheading the bill, Sen. Bernie Sanders to square off against the GOP sponsors of the latest Obamacare repeal bill in a CNN debate next Monday night. The legislation also would eliminate Obamacare's essential health benefits provision, which mandates insurers cover an array of services, including hospitalization, maternity care, prescription drugs, mental health and substance abuse services. Instead, states would receive block grants to allocate as they determine. The proposal would replace much of Obama's law with block grants to states, giving them leeway on spending the money. States then could use those dollars on health-care initiatives devised by legislatures and governors that would meet the needs of their low-income residents. Lindsey Graham of SC and Bill Cassidy of Louisiana introduced a bill that would transform the USA health care system into federal block grants for states.

Treasury yields jump, stocks dip after Fed statement
A currency trader watches computer monitors at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Sept. 20, 2017. The Fed will scale back its holdings by $10 billion in October and raise that amount gradually in the months to come.

The biggest losers under the bill would be high population, progressive states.

Under this bill, states can get out of those requirements. GOP officials are sounding optimistic that this bill can succeed where others have failed to garner the necessary votes. "And that will be a challenge even for the largest and best resourced states", said Larry Levitt, a senior vice president at the nonpartisan Kaiser Family Foundation.

Huckabee, though, insisting that the money issue can be solved, compared Obamacare to "an airplane that is spiraling toward the ground about to explode and we have people that are complaining about the snacks that are being served". John McCain's vote could end up being crucial. "It can't. We're going to have to do that with a bipartisan bill".