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Senate Republicans pull plug on latest Obamacare repeal bid

– Restarting bipartisan talks? –

With the latest repeal failure, Democrats swiftly said they wanted to restart stalled bipartisan talks aimed at boosting the existing health care system.

“GrahamCassidy is officially dead,” Senator Martin Heinrich tweeted. “It’s time to get to work, hold hearings & find bipartisan ways to improve our #HealthCare system.”

Democrats have said the first task at hand is to stabilize the Obamacare insurance markets. At issue are the billions of dollars in federal reimbursements to insurance companies for covering millions of low-income Americans under Obamacare.

Trump in the past has threatened to suspend the so-called cost-sharing reductions as a way to speed Obamacare’s demise.

Republican Senator Lamar Alexander and Democratic Senator Patty Murray have led efforts to craft a bipartisan plan to stabilize the insurance markets.

Their talks broke down as Republican leader pushed for a vote on Graham-Cassidy, but Murray said she is ready to resume them on a moment’s notice.

“Making sure that the president made the payments that he can right now… is the single most important thing to do over the next several years to stabilize the marketplace, which will reduce the premiums for everyone,” she said.

 

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