GOP’s Plan To Halt Health Law With Rare Budget Tool Has Stalled
Senate Republicans are downplaying any plans to use the tool, called reconciliation, to repeal large portions of the law with a simple majority vote.
Senate Downplays Obamacare Repeal
July was supposed to be the big month for Obamacare repeal in Congress. But Senate Republicans are downplaying expectations that they’ll use a powerful budget tool called reconciliation to undo Obamacare through a simple majority vote this summer — and conservatives are none too pleased. Republicans pledged earlier this year that they would use the budget reconciliation tool to knock out parts of Obamacare. That was to start this month, to get rid of some unpopular Obamacare taxes or mandates even if they can’t scrap the whole law. But persistent divisions among Republicans, along with the reelection concerns of some GOP senators in liberal or swing states, are again slowing things down. (Haberkorn and Bade, 7/9)
Meanwhile, some Indian companies see a growing outsourcing market coming from the health law.
India IT Outsourcing Firms Seek Booster Shot From Obamacare
India's IT outsourcing firms are betting on U.S. President Barack Obama's healthcare reform to rev up revenue growth, which is slowing as the $146 billion industry's key financial and manufacturing clients spend less on software services. The United States is the biggest market for the outsourcing industry, and accounts for 90 percent of all healthcare-related contracts, which researchers Everest Group expect to more than double to about $68 billion in 2020 from nearly $31 billion two years ago, largely due to "Obamacare." (Bhattacharjee, 78)