Barack Obama

Senate Obamacare repeal plan would slash federal healthcare funding for Medicaid

Senate Obamacare repeal plan would slash federal healthcare funding for Medicaid

Senate Republicans unveiled a draft bill on Thursday to roll back the Affordable Care Act, including a drastic reduction in federal healthcare spending that threatens to leave millions more Americans uninsured, drive up costs for poor consumers and further destabilize the nation’s health insurance markets.

The legislative outline, which Senate Majority Leader Mitch McConnell’s team wrote largely behind closed doors, hews closely to the Obamacare repeal bill passed last month by House Republicans, though it includes important differences. The House version was first...

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