McConnell Admits Obamacare Repeal Is Failing

The Hill reports:

Acknowledging that Senate Republicans may not be able to pass their ObamaCare repeal legislation, Senate Majority Leader Mitch McConnell (R-Ky.) is warning that action will then have to be taken to stabilize insurance markets.

“If my side is unable to agree on an adequate replacement, then some kind of action with regard to private health insurance markets must occur,” McConnell said at a Rotary Club meeting in Kentucky on Thursday, according to multiple reports.

More from the Associated Press:

In a written statement, Senate Minority Leader Chuck Schumer, D-N.Y., called it encouraging that McConnell had “opened the door to bipartisan solutions.” He said the focus should be on continuing federal payments to insurers that help them contain costs for some low-earning customers. Trump has threatened to end these payments. Schumer has repeatedly said Democrats won’t negotiate until Republicans abandon their repeal effort.