Republicans tweak Obamacare bill as Trump moves to promote overhaul | Reuters

By Susan Cornwell and David Morgan

WASHINGTON Congressional Republicans recrafted their Obamacare replacement bill on Monday in hopes of satisfying critics as U.S. President Donald Trump prepared to promote his first major legislative initiative on Capitol Hill.

In a sign of deepening concern among Republicans about the bill’s future, Trump will speak to the party’s lawmakers in Congress on Tuesday about the healthcare overhaul, two House Republican aides said.

According to a Republican source who asked not to be identified, House leaders will propose an $85 billion fund for tax credits to help people aged 50-64 get health insurance.

However, the Politico newspaper reported that the matter would be handled in an unusual way: instead of establishing the fund in the House of Representatives bill, the Senate would be instructed to do so when it takes up the Republican healthcare legislation.

Earlier on Monday, House Ways and Means Committee Chairman Kevin Brady told reporters that new language was expected on taxes and Medicaid provisions in an effort to move the bill to the floor of the House by Thursday.

“Later today, we will release some technical and policy changes that further strengthen the bill,” Brady said of planned changes to treatment of Obamacare taxes, optional work requirements for Medicaid and an option for states to accept Medicaid funding as a block grant.

Trump met House Speaker Paul Ryan, Health and Human Services Secretary Tom Price and Zeke Emanuel, an architect of former Democratic President Barack Obama’s healthcare law, at the White House on Monday to discuss the issue.

At a rally in Louisville, Kentucky, on Monday night, Trump said he wanted to add a provision to the bill that aims to lower prescription drug costs through a “competitive bidding process.”

“We’re trying to add it to this bill and if we can’t, we’ll have it right after,” he…

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