Conservative leaders in Congress are making big changes to their Obamacare replacement bill, and the House GOP is trying to make some big changes in the Senate as well.
In an interview on Thursday, House Speaker Paul Ryan (R-WI) said his GOP plan to replace Obamacare will make significant changes to Medicare, Medicaid, and subsidies for the poor, and he also said that he expects some changes to the ACA’s tax credits.
“The way we want to reform Medicaid is the way we wanted to reform Medicare.
The way we will reform Medicare is to take the money that was not going to go to the states and give it to the people who need it most.
And so we’re going to have a very comprehensive plan that will not only take money out of the states that are doing well and put it in those that are struggling,” Ryan said.
“And it will also make sure that we’re not just talking about making up money and not getting the states to spend it.
“There are a few things in there that I think will really help us in the long term. “
So we’re really taking this in a very broad direction, and we’re also going to be making a few changes to make sure we can keep moving the ball forward and not have a lot of things that just just sort of fall apart,” Ryan continued.
“There are a few things in there that I think will really help us in the long term.
One of them is making sure that if we want a long-term solution, we need to be able to afford a lot more coverage and more care for our people.
The House GOP plan also would cut taxes for middle-income earners, and also include a new $1,500 cap on taxable income for the top 1 percent of earners. “
I’m very excited about that,” Ryan added.
The House GOP plan also would cut taxes for middle-income earners, and also include a new $1,500 cap on taxable income for the top 1 percent of earners.
But Ryan’s plan would likely leave some people with higher incomes above $200,000 in the red.
“We’re going back to our way of doing things,” Ryan argued.
“If you’re making $200 million, you’re going up from $1.3 million to $1 million.
We are going to give them more relief from taxes, but we’re definitely going to make it harder for them to do what they want to do, which is move up.
That’s our approach.
We don’t want to give people tax relief that they can’t afford, and I think that’s the right approach.”
Ryan said he is not sure how the bill will fare in the Republican Senate.
“Well, we’re still trying to get the tax relief,” he said.
But he did note that he believes he can pass a bill with a Republican majority in the House.
“My expectation is we can pass this in the next week or two, but it depends on the Senate.
We’ve had some very productive discussions with our colleagues in the Democratic Caucus, and they’ve said that they’re willing to work with us,” Ryan asserted.
He added that “I think we’re in a pretty good place right now.”
Republicans are hoping to pass a replacement bill by the end of the month, but they may not be able get it through the Senate before the end the year.