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Failure theater: The Senate today introduced its version of an Obamacare replacement, and proved once again that the Republican leadership in Congress has no interest in repealing Obamacare and the parts of that law that make it economically unsustainable.
The most popular provisions of Obamacare are kept in place in the bill, including language allowing children to stay on a parent’s health insurance plan until age 26 and preserving coverage for people with pre-existing illnesses.
The bill does repeal some of Obamacare, but without freeing the insurance company from the requirement to accept anyone, whether they are sick or not, makes it impossible for the entire health insurance business to make any profit. It also does not appear that this bill frees insurance companies to offer any kind of insurance they wish, including the popular and less expensive catastrophic insurance plans that Obamacare banned.
The problem here is that the Republican leadership is timid. They fear the squealing of pigs, and thus attempt to come up with plans that will please those pigs. The result? A mish-mosh that no one likes and that solves nothing.
Update: The Senate’s own freedom caucus speaks: Senators Ted Cruz, Ron Johnson, Mike Lee, and Rand Paul reject Senate bill, as written.