Sen. Rand Paul Stands Against Trump, Graham To Oppose Latest Obamacare Bailout

Sen. Rand Paul Stands Against Trump, Graham To Oppose Latest Obamacare Bailout

Trump says on Twitter that the so-called Graham-Cassidy bill is "GREAT!" and "Ends Ocare!" a reference to "Obamacare", the colloquial name for the set of health laws in place in the United States. It would also cut and reshape Medicaid. Lindsey Graham of SC and Bill Cassidy of Louisiana.

When asked if anything could be done to change his mind on Graham and Cassidy's effort, Paul said: "Not on this bill". The governor said he supports any solution that helps reach that outcome, regardless of which side of the political aisle it comes from.

Christie previously said he favors block grants but said Wednesday the bill's provisions seemed created to reward states that didn't expand Medicaid under the Affordable Care Act and punish states like New Jersey, which did.

"Particularly when we're talking about one-fifth of our gross national product, health care, then it should be done on a bipartisan basis".

The host said that the bill is worse than the repeal-and-replace legislation that the Senate voted down in July, with Republicans John McCain, Susan Collins and Lisa Murkowski joining Democrats against it.

Wall St. Hits New Record Highs as Financials, Industrials Gain
In overseas trading, stock markets across the Asia-Pacific region turned in a lackluster performance during trading on Wednesday. Advancing issues outnumbered declining ones on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 1.55-to-1 ratio favoured advancers.

Maryland is one of 30 states that, along with the District of Columbia, expanded Medicaid under the ACA. House Speaker Paul Ryan said that his chamber would not even consider a bipartisan stabilization bill.

The Republican governor said she envisioned a system that would pass through funds, not shift costs, to the state level where officials then could focus on preventive measures, better medication management and other approaches created to produce healthy outcomes.

Cassidy, however, notes that his bill requires any state seeking such a waiver lay out how they'll "maintain access to adequate and affordable health insurance coverage for individuals with pre-existing conditions". The Kentucky senator has consistently opposed legislation he believes does not fully repeal Obamacare. The governors of Alaska, Louisiana, Massachusetts, Montana, Nevada, Pennsylvania, Virginia and Vermont have signed the letter.

He said he likes that the bill would give states flexibility to meet their own needs, and observed that Kasich would be out of office when the bill becomes effective in 2019.

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