Congressional GOP Embrace President's Call to Overhaul Obamacare

US lawmakers are working through the weekend for the initial time since the federal closure began over a month ago, but hopes for a bipartisan agreement on how to resolve the impasse appeared to diminish as GOP senators proposed a plan unacceptable to Democrats: eliminating the Affordable Care Act, called Obamacare.

Growing Impact of Federal Closure

The impact on US citizens from the lengthiest shutdown of the federal government in history worsened on Saturday, as government employees went unpaid, airlines were compelled to cancel flights and Supplemental Nutrition Assistance Program benefits have been delayed for forty-two million Americans.

President's Plan from Golf Course

As Saturday's session got started, GOP senators welcomed a suggestion made on social media early Saturday by Donald Trump from his golf course in West Palm Beach, for subsidies to be substituted by health savings accounts.

"My recommendation is to Senate Republicans that the Billions of Dollars currently being sent to money sucking Insurance Companies in order to save the bad Healthcare provided by ObamaCare, BE SENT DIRECTLY TO THE PEOPLE SO THAT THEY CAN PURCHASE THEIR OWN, MUCH BETTER, HEALTHCARE," Trump posted.

Republican Support

Several Republican senators praised the plan, which is comparable with a replacement for Obamacare proposed in 2017.

"We will replace this failing program with something that is truly better for the patient," one senator stated.

Another senator praised Trump's proposal on online platforms, and displayed a giant blow-up of Trump's post as he addressed on the Senate floor.

"I'm writing the bill right now," a third senator posted in response to Trump's proposal. "We must stop public funds from going to insurance companies and instead give it directly to Americans in HSA-style accounts and let them buy the health care they want."

Opposition Response

Opposition senators shared concerned reactions to Trump's proposal.

"Essentially, Donald Trump's 'proposal' for health care is another calculated attempt to repeal Obamacare," one Democratic senator commented. "It's the same failed Republican plan that's been defeated by the public and Congress."

Another senator responded to the criticism of carriers by writing: "Well, Trump and the Republicans can't stand how the big, bad insurance companies are ripping-off Americans. Seriously? In that case I welcome your support for Medicare for All."

Continuing Talks

The Senate adjourned without finding a solution, but Senate Republican leaders have signaled an willingness to an emerging plan from a handful of moderate Democrats to end the shutdown in return for a future vote on the ACA subsidies.

One Democratic senator, who is leading the negotiations among moderates, said that Democrats "require another path forward" after Republicans turned down an offer to reopen the government and continue the payments for a year.

Another leading Democratic senator continued in arguing that Republicans should accept a one-year extension of the subsidies before negotiating the future of the tax credits.

"Doing nothing is derelict because people will go bankrupt, people will become uninsured, people will get more ill," the senator stated in a floor speech. "That's what will happen if this Congress fails to act."

Partisan Dynamics

Not one of the Republican senators seemed to address the fact that consumers would still need to buy plans from the same insurance companies, or that Republican lawmakers need the backing of eight Democrats to restart the government, and the concept of repealing and replacing Obamacare with savings accounts is improbable to earn a single Democratic vote.

Some analysts suggested that the essence of such a plan would eliminate the ACA's requirement that insurance companies cover patients with existing health issues.

After his resort visit, Trump went back to his residence and reiterated on his insistence that Republicans stop seeking agreement and try instead to repeal and replace Obamacare with a version of the plan that failed to secure enough backing in 2017.

Clifford Stuart
Clifford Stuart

A financial journalist with over a decade of experience covering UK markets and international business developments.