What's next on health care draft in Congress

While Obama has repeatedly defended the Affordable Care Act, which represents perhaps his most significant domestic legislative achievement, Thursday's statement was even more pointed than his previous comments.

Former President Barack Obama has issued a strong denunciation of the Republicans' health care bill presented June 22 in the Senate.

Now that the Senate Republican health care bill is public, it is clearer than ever why Majority Leader McConnell and Senate Republicans hid it for weeks.

He called the Senate's bill "not a health care bill" but a "massive transfer of wealth from middle-class and poor families to the richest people in America".

Trump publicly celebrated the House bill's passage, only to criticize it in private as "mean".

President Donald Trump and House Speaker Paul Ryan came to the defense of Senate GOP leaders Thursday.

McConnell blames the Affordable Care Act for rising health insurance premiums and says insurance companies pulling out of Obamacare markets show that the program is not working.

Shortly after the 142-page bill was distributed, more than a half-dozen GOP lawmakers signaled concerns or initial opposition.

Democrats said the bill would result in skimpier policies and higher out-of-pocket costs for many people and erode gains made under Obama that saw roughly 20 million more Americans gain coverage.

It is undoubtedly the Republican moderates in the Senate who are responsible for keeping the preexisting conditions "protection" in place - for two main reasons.

They said GOP characterisations of the law as failing are wrong and claimed the Republican plan would boot millions off coverage and leave others facing higher out-of-pocket costs.

The Senate is considering a bill to replace it after the House of Representatives passed their own version. Trump has since called it "mean", despite celebrating it at the Rose Garden with House Republicans.

The Senate's draft would gradually roll back expansion of Medicaid funding compared to the House bill.

And the Senate bill continues Obamacare subsidies, but limits them to a smaller group of lower-income people.

"This is a nasty bill and they are trying to cover it up with little things here and there", said Senator Chuck Schumer, D-NY.

LISA DESJARDINS: The Congressional Budget Office says it will have its analysis of the bill by early next week. For example, he said, both bills would phase out the expansion of Medicaid eligibility, but the Senate bill would do it more slowly.

$110 billion would go to states to help people afford health insurance premiums and help address gaps in health insurance coverage.

The U.S. Senate proposed a new health care bill this morning.

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