US Senate Republican Leader Mitch McConnell throws in the towel on the latest Obamacare rollback bill after two Republicans said they won't back it
President Donald Trump examines a fire truck during a "Made in America" product showcase. Pics/AFP
The collapse of Republicans' push to repeal and replace Obamacare in the US Senate set up a possible repeal-only vote and clouded the path forward for President Donald Trump's other domestic policy goals, rattling financial markets on Tuesday.
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After two Republicans said they would not back the latest Obamacare rollback bill, Senate Republican Leader Mitch McConnell threw in the towel and was weighing a vote on simply repealing the 2010 healthcare law – the Affordable Care Act, passed under Democratic former president Barack Obama – with no replacement.
Mitch McConnell
McConnell said in a statement, "Regretfully, it is now apparent that the effort to repeal and immediately replace the failure of Obamacare will not be successful." Trump urged an outright repeal, even as other Republicans sought a shift toward bipartisanship with Democrats. In an early morning Twitter message, Trump said, "We were let down by all of the Democrats and a few Republicans. Most Republicans were loyal, terrific & worked really hard. We will return!" Trump late Monday said Congress should "start from a clean slate" on a new plan that he said Democrats would join. On Tuesday morning, he put the blame on "all of the Democrats and a few Republicans."
McConnell said he would try to bring repeal legislation to the Senate floor in coming days, but with a two-year delay in implementation to assure a smooth transition.
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