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GOP Ready to Unveil New Version of Health Care Bill

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Sen. Pat Toomey says a new version of the Republican health-care bill is expected on Monday, and he hopes it can appeal to both sides of his party’s divide.

“We’ve got a new version that comes out today. We’ll get new scores from CBO. And there’s still a shot of getting to 50 [votes]. Mike Pence breaks the tie,” said Toomey, one of 13 senators who worked with Senate Majority Leader Mitch McConnell to craft the GOP’s Obamacare replacement.

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As vice president, Pence would be the tie-breaking vote if the GOP were able to get 50 senators on board. Republicans hold 52 Senate seats. None of the 46 Democrats or two independents who vote in the Democratic caucus is expected to vote for the GOP Senate bill.

Last month, the Congressional Budget Office said the current version of the GOP Senate bill would lead to 22 million more Americans uninsured in 2026 than under Obamacare over the same period.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza

@alfonso_forex

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