Ryan disappoints his friends with Obamacare replacement bill
Ryan disappoints his friends with Obamacare replacement bill
Close allies in conservative policies circles found little to love with the GOP's health care proposal.
By Eliana Johnson 03/08/17 05:20 AM EST - Politico
House Speaker Paul Ryan has long been the darling of conservative policy wonks. But on one of the biggest days of his political career, when House Republicans released their much-anticipated Obamacare replacement, many of Ryan's closest friends in the conservative intelligentsia expressed disappointment — if not outright dismay — with the legislation bearing the speaker's imprimatur.
Indeed, virtually every prominent conservative health care expert — precisely the sort of ideological allies who have backed Ryan in the past — panned this legislation.
The Cato Institute’s Michael Cannon called it “a train wreck waiting to happen.” The American Enterprise Institute’s Jim Capretta told POLITICO the GOP’s decision to do away with a cap on tax credits for employer-based health insurance reflected a reluctance to “deal with reality.” Forbes’ Avik Roy, widely considered one of the pre-eminent health care policy experts on the right, predicted the legislation would make insurance unaffordable for millions of the nation’s poor and offered an analysis with subsections titled, “The Good,” “The Bad” and “The Terrible.” The Wall Street Journal editorial board was the lone dissenter, calling the bill "the most consequential GOP social-policy reform since the welfare overhaul of 1996."
READ MORE: http://www.politico.com/story/2017/03/paul...
Close allies in conservative policies circles found little to love with the GOP's health care proposal.
By Eliana Johnson 03/08/17 05:20 AM EST - Politico
House Speaker Paul Ryan has long been the darling of conservative policy wonks. But on one of the biggest days of his political career, when House Republicans released their much-anticipated Obamacare replacement, many of Ryan's closest friends in the conservative intelligentsia expressed disappointment — if not outright dismay — with the legislation bearing the speaker's imprimatur.
Indeed, virtually every prominent conservative health care expert — precisely the sort of ideological allies who have backed Ryan in the past — panned this legislation.
The Cato Institute’s Michael Cannon called it “a train wreck waiting to happen.” The American Enterprise Institute’s Jim Capretta told POLITICO the GOP’s decision to do away with a cap on tax credits for employer-based health insurance reflected a reluctance to “deal with reality.” Forbes’ Avik Roy, widely considered one of the pre-eminent health care policy experts on the right, predicted the legislation would make insurance unaffordable for millions of the nation’s poor and offered an analysis with subsections titled, “The Good,” “The Bad” and “The Terrible.” The Wall Street Journal editorial board was the lone dissenter, calling the bill "the most consequential GOP social-policy reform since the welfare overhaul of 1996."
READ MORE: http://www.politico.com/story/2017/03/paul...
