Graham-Cassidy's offers to Repeal Obamacare

On Sunday night, Lindsey Graham, the Republican senator of South Carolina and Bill Cassidy, the senator of Louisiana released a new version of the Obamacare repeal bill. Cassidy and Graham were undertaking a frantic attempt to reach fifty votes before the week’s end.

By Monday morning, the bill officially received three rejections from Senator John McCain, Maine’s senator Susan Collins, and U.S. senator Rand Paul, who collectively nullified the bill.

John Cornyn, Republican member and the Senate Majority Whip, told the press, the Republican members would discuss the bill proceedings during the Tuesday lunch. The discussion might not find a reasonable conclusion.

The new bill was amended with special proposals for Alaska and its senator, Lisa Murkowski. Alaska was permitted to keep its Obamacare subsidies in addition to the block-grant money.

The Graham-Cassidy offers did not make it to the cut.

On the deregulatory side, the bill would not require states to apply for waivers to opt out of certain Affordable Care Act regulations. The states were permitted to write their own rules in certain cases and describe them to the federal government.

Cassidy said, “If states did not provide adequate and affordable coverage to those with pre-existing conditions, as stated in the bill, the Department of Health and Human Services (HHS) could always revoke their block grants. HHS secretary, Tom Price, can be relied upon for utmost scrutiny. ”

The altered regulation was designed to collect votes but Ted Cruz, senator of Texas, requested for additional changes to receive approval.

“The bill needs to lower the cost for consumers and we are still going to push for that,” Cruz said after the revisions were not undertaken.

Paul was not keen on a federal spending on health care. As per Graham and Cassidy’s estimates, the block grants will spend $1.2 trillion over a seven year period.

Paul held a press conference on Monday, demanding a significant reassessment of the trillion-dollar spending regime and making all Obamacare regulations opt-in instead of opt-out. The demands cannot be met.

Meanwhile, the Graham-Cassidy bill did not make significant offers to Susan Collins.