U.S. Senate Republicans Are Set to Unveil Their Draft Healthcare Bill

The Senate bill is expected to repeal key elements of the Affordable Care Act, including restructuring healthcare subsidies and cutting Medicaid funding.
Author:
Publish date:

U.S. Senate Republicans are set to unveil their draft healthcare bill.

The Senate bill is expected to repeal key elements of the Affordable Care Act, including restructuring healthcare subsidies & cutting Medicaid funding. Medicaid spending would be rolled back over a four-year period beginning in 2020.

The Senate has said will no vote without a CBO Score. A CBO analysis of the House GOP's bill estimated it would cause 23 million Americans to lose health insurance.

Watch More:

Apple Supplier's Shares Soar as the Company Goes on Sale

Imagination's New Dream

Crude Reality of Inflation

Elon Musk Closes Tesla Deal In China

The U.S. Might Be About to Sign Some More Defense Deals

This article was written by a staff member of TheStreet.