Senate GOP unveils 'Obamacare' overhaul, but not all aboard

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The plans include proposing to cut Medicaid for low-income Americans and erase tax boosts that Mr Obama imposed on high earners and medical companies to finance his expansion of coverage.

"This is important and welcome news for New Yorkers that the Senate leaders have recognized the burdens placed upon taxpayers for far too long and included our amendment to force Albany to end its unfunded mandate on New York's counties once and for all", Collins said.

Warren insisted that Senate Republicans, in drafting the bill, had been "dreaming up even meaner ways to kick dirt in the face of the American people". Democrats are united in opposition.

But some Republican senators, as well as all the Senate's Democrats, have complained about McConnell's proposal, the secrecy with which he drafted it and the speed with which he'd like to whisk it to passage.

A draft of the Senate counterpart legislation to overhaul the US health system unveiled on Thursday would make drastic changes to the Medicaid program, but largely retain the existing federal tax credit structure from the 2010 health law.

"Republicans believe we have a responsibility to act and we are", said Majority Leader Mitch McConnell. McConnell has a tough needle to thread: making significant concessions to conservatives risks losing moderate votes, and vice versa.

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Scott discussed the bill on Fox News on Thursday, saying people with pre-existing conditions should be protected and the federal government should let states decide how to spend tax dollars on health care.

The legislation also curbs Obamacare's expanded Medicaid help for the poor and reshapes subsidies to low-income people for private insurance.

The Congressional Budget Office, which estimates the potential financial impact of legislation, said Thursday that it plans to release a score of the Senate Republican bill next week.

Facing unanimous Democratic opposition, the bill would fail if just three of the Senate's 52 Republican senators oppose it. McConnell stitched it together behind closed doors, potentially moving President Donald Trump and the GOP toward achieving perhaps their fondest goal - repealing former President Obama's 2010 statute, his proudest domestic legacy.

Georgia State University professor Bill Custer said it could mean more Georgians losing coverage.

Senate Minority Leader Sen.

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"Currently, for a variety of reasons, we are not ready to vote for this bill, but we are open to negotiation and obtaining more information before it is brought to the floor", Cruz said in a joint statement with U.S. Sens. They said GOP characterizations of the law as failing are wrong and said the Republican plan would boot millions off coverage and leave others facing higher out-of-pocket costs. The budget office said the House bill would cause 23 million to lose coverage by 2026.

Beginning in 2020, the Senate measure would also limit the federal funds states get each year for Medicaid.

Obama law: Medicaid expansion has enabled many states to provide comprehensive treatment to people caught in the opioid epidemic. Thirty-one states and Washington, D.C. chose to take part in this program and, according to Vox, the federal government covers 95 percent of its costs.

Some Texas advocates said Thursday that the proposal would increase the number of uninsured people in the state, thanks largely to the changes in Medicaid rules and subsidies.

Republicans, though, have been split over how exactly to undo this system, mindful that they will probably be jacking up costs for many consumers. From the response the bill is getting, it seems the bill is getting public debate whether it's wanted or not, and the Senate was right in its assumption the bill couldn't squeak through without a little hocus pocus. Instead, it entices people to voluntarily buy a policy by offering them tax credits based on age and income to help pay premiums.

AVIK ROY: The bill will encourage a lot more of those individuals to buy health insurance. Beyond the subsidies for premiums, the "cost-sharing reductions" are available for customers who fall between 100 percent and 250 percent of the poverty line-about 7 million people-to help cover co-pays and deductibles.

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