Acknowledging that Senate Republicans may not be able to pass their ObamaCare repeal legislation, Senate Majority Leader Mitch McConnell (R-Ky.) is warning that action will then have to be taken to stabilize insurance markets.
If my side is unable to agree on an adequate replacement, then some kind of action with regard to private health insurance markets must occur, McConnell said a Rotary Club meeting in Kentucky on Thursday, according to multiple reports.
Republicans are trying to move legislation through the Senate that would repeal and replace ObamaCare, but they face opposition from within their own party.
If the legislation is put aside, Republicans would need to negotiate a deal with Democrats on stabilizing insurance markets.
McConnell reiterated on Thursday that taking no action is not an alternative.
We've got the insurance markets imploding all over the country, including in this state, McConnell said, according to the Associated Press.
Senate Minority Leader Charles Schumer (D-N.Y.) touted McConnell's comments, saying the Kentucky Republican opened the door to bipartisan solutions.
"Its encouraging that Sen. McConnell today acknowledged that the issues with the exchanges are fixable, Schumer said. As weve said time and time again, Democrats are eager to work with Republicans to stabilize the markets and improve the law. At the top of the list should be ensuring cost-sharing payments are permanent, which will protect health care for millions.
Source: http://thehill.com/policy/healthcare/340890-mcconnell-signals-doubts-about-obamacare-voteCongress is scheduled to be in town for only three weeks before leaving for the August recess, though leadership is under pressure to delay or cancel that break if progress isn't made by then on healthcare.
Republicans have spent months locked in negotiations, despite senators initially wanting to clear a repeal bill in the spring.
The focus on healthcare comes as the GOP legislative agenda is months behind schedule. Lawmakers still need to raise the debt ceiling, get a deal on funding the government, set up tax reform and move several pieces of major policy legislation.