Third Republican senator won’t back ‘repeal-only’ health care bill

WASHINGTON, July 18 (Reuters) – Republican efforts to overhaul or repeal Obamacare collapsed in the U.S. Senate on Tuesday, dealing a sharp setback to President Donald Trump and the Republican Party’s seven-year quest to kill President Barack Obama’s signature healthcare law.

The disarray in the Republican-controlled Senate rattled financial markets and cast doubt on the chances for getting Trump’s other domestic policy priorities, such as tax reform, through a divided Congress.

Saying he was disappointed, Trump suggested at the White House that he might let the insurance markets created under Obamacare go under and then try to work with Democrats on a rescue.

Source: Third Republican senator won’t back ‘repeal-only’ health care bill

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