The Senate is moving to take up the GOP’s latest bill to overhaul the nation’s health care system in a final vote on Wednesday, according to an Associated Press report.
The Senate vote is expected to occur as early as Wednesday evening.
The Senate Health, Education, Labor and Pensions Committee will hold a vote on the Senate GOP health-care bill on Wednesday evening, according the AP.
The panel has been tasked with writing a bill that would repeal and replace the Affordable Care Act.
But the committee will need to take the Senate’s version of the bill to the full Senate for approval, and they must be approved by both chambers of Congress.
The legislation would roll back Obamacare’s expansion of Medicaid, repeal tax increases, and raise the retirement age to 65.
The Republican bill would also slash taxes on high-income earners and increase the minimum wage.
It would also eliminate federal mandates for insurance, and provide a $10,000 refundable tax credit to low-income people to help them pay their health insurance premiums.
The bill would not repeal or significantly alter the Medicaid program, and would not expand coverage to more people.
Senate Minority Leader Chuck Schumer (D-N.Y.) told reporters after the bill’s initial release on Wednesday that the bill “will put an end to the ACA’s catastrophic coverage mandates, the expansion of the Medicaid expansion, the Medicare cuts, the ACA subsidies, the COVID-19 protections and the expansion and expansion of insurance coverage for low-wage workers.”
The bill would require people to buy insurance on a state-by-state basis.
“The Senate bill would do nothing to repeal or substantially alter the ACA,” Schumer said.
The bill’s passage in the House of Representatives is a foregone conclusion.
The House passed its version of its health care bill in May, but Democrats have been unable to rally enough support to pass it, and the GOP ultimately won’t be able to get a measure to President Donald Trump’s desk for a vote.