Winston
Platinum Member
Yes, as this is a 'walk away from the table' maneuver and will give the Freedom Caucus time to stew in their ignominy and possibly revisit the bill later in August or so.Do you think it was a good idea for Trump/Ryan to pull the vote?
.
The bill was not perfect, but I think it was a major step in the right direction to reduce some of the worst features of Obamacare.
The Dems should jump on this with all four feet.
The only direction this bill was a step in was toward the insurance companies. The ACA was a boondoggle for the insurance industry. Since passage, United Healthcare, the nation's largest insurer, has seen it's share price increase by ONE THOUSAND PERCENT.
This bill was gifting them even more. They would have been able to charge older Americans FIVE TIMES what they charge younger Americans, not three times as they are limited now. They would have no longer been capped at twenty percent of their revenues being used for profits and marketing. The ACA limited the tax deduction for executive salaries at half a million per person, that was going to be eliminated with this bill. But all that wasn't enough. During the negotiations with the Freedom Caucus insurance companies sought to have those pesky coverage requirements eliminated as well. That was the straw that broke the moderate's camel's back and when that concession was made the negotiations fell apart.