The following is an excerpt from Nancy Cordes | March 1, 2017 | CBSNews.com |
On Capitol Hill, Republicans all agree on replacing Obamacare -- they just don’t agree on how.
Senate Republicans were briefed Wednesday on the latest version of the party’s Obamacare replacement plan.
“We should help Americans purchase their own coverage, through the use of tax credits and expanded Health Savings Accounts,” President Trump said, laying out the broad strokes.
In some ways, that resembles Obamacare, which helps Americans pay for insurance with a combination of income-based tax credits and subsidies. But the tax credits in a recently leaked draft of the Republican plan are based solely on age -- the wealthy and the poor get the same amount.
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