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News Link • Obamacare

Republicans Pass Obamacare Replacement Bill; Let The Senate Bickering Begin

• http://www.zerohedge.com, by Tyler Durden

Bill must pass Senate

Because Republicans hope to pass this legislation under the less-onerous budget reconciliation process, which would allow it to pass the Senate with only 51 votes, House leaders must make the bill comply with the Senate's "Byrd Rule." Generally, the rule says a reconciliation bill must relate to the budget, which means some of the Affordable Care Act's provisions cannot be addressed via this process because they do not deal with taxes or spending. It also stipulates that the law cannot add to the deficit in the long term (10 years after it is implemented).

It will be up to the Senate parliamentarian to decide whether the legislation meets the Byrd Rule standards. Democrats have said that the bill does not meet the standard, something Republicans sacrificed in favor of a more complete repeal.

It's likely that the Senate will do a significant rewrite of the legislation, modifying it but also setting up a showdown with House Republicans aiming for a more conservative approach.

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