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Congressional GOP Support President's Call to Replace Obamacare

American senators are meeting during the weekend for the first time since the federal closure began over a month ago, but hopes for a bipartisan agreement on how to resolve the standoff appeared to diminish as Republican senators proposed a proposal unacceptable to Democrats: eliminating the Affordable Care Act, known as Obamacare.

Deepening Impact of Government Shutdown

The impact on US citizens from the longest shutdown of the US government in history deepened on Saturday, as government employees went unpaid, carriers were compelled to cancel flights and SNAP benefits have been postponed for 42 million Americans.

Trump's Proposal from Golf Course

As Saturday's meeting got started, GOP senators embraced a proposal made on social media early Saturday by Donald Trump from his resort in West Palm Beach, for subsidies to be replaced by HSA-style accounts.

"My recommendation is to Senate Republicans that the Hundreds of Billions of Dollars currently being sent to money sucking Insurance Companies in order to save the bad Healthcare provided by ObamaCare, BE SENT DIRECTLY TO THE PEOPLE SO THAT THEY CAN PURCHASE THEIR OWN, MUCH BETTER, HEALTHCARE," Trump wrote.

Republican Endorsement

Several Republican senators welcomed the proposal, which is similar to a replacement for Obamacare put forward in 2017.

"We're going to replace this broken system with something that is actually better for the consumer," one senator stated.

Another senator praised Trump's proposal on online platforms, and displayed a large print of Trump's post as he addressed on the Senate floor.

"I'm writing the bill right now," a third senator wrote in reply to Trump's suggestion. "We need to stop taxpayer money from going to carriers and instead give it directly to Americans in HSA-style accounts and let them buy the medical coverage they want."

Opposition Reaction

Democratic senators shared concerned reactions to Trump's proposal.

"Essentially, Donald Trump's 'proposal' for health care is another calculated attempt to eliminate Obamacare," one Democratic senator commented. "It's the same unsuccessful Republican plan that's been defeated by the public and Congress."

Another senator responded to the criticism of carriers by writing: "Well, Trump and the Republicans can't stand how the large insurance companies are ripping-off Americans. Seriously? Then I welcome your support for Medicare for All."

Continuing Talks

The Senate adjourned without reaching a resolution, but Senate Republican leaders have signaled an openness to an emerging plan from a handful of centrist lawmakers to end the closure in return for a future vote on the Obamacare subsidies.

One Democratic senator, who is leading the negotiations among centrists, said that Democrats "need another path forward" after Republicans turned down an offer to restart the government and continue the subsidies for a year.

Another senior Democratic lawmaker persisted in maintaining that Republicans should accept a 12-month continuation of the payments before negotiating the future of the subsidies.

"Inaction is derelict because people will go bankrupt, people will lose insurance, people will get sicker," the senator stated in a Senate address. "That's what will happen if this Congress fails to act."

Political Dynamics

None of the Republican senators seemed to address the fact that consumers would still need to buy coverage from the same carriers, or that Republican lawmakers need the support of several Democrats to restart the government, and the concept of repealing and replacing Obamacare with savings accounts is improbable to earn a solitary Democratic vote.

Some analysts indicated that the core of such a proposal would remove the ACA's mandate that carriers cover individuals with pre-existing conditions.

After his resort visit, Trump returned to his residence and doubled down on his insistence that Republicans stop seeking agreement and try instead to eliminate and replace Obamacare with a iteration of the proposal that failed to garner enough support in 2017.

About the author

Jennifer Drake DDS

A seasoned financial analyst with over a decade of experience in investment strategies and personal finance education.

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