House GOP Crafts Debt-Limit Strategy — One Version Involves Repealing A Health Law Provision
The Washington Post reports that some House Republican lawmakers are considering a play that would trade a one-year extension of the debt limit for a repeal of the overhaul's risk corridors. This provision will be the subject of a House Oversight and Government Reform Committee hearing this week.
The Washington Post: House GOP Finalizes Debt-Limit Playbook
Several House members told The Washington Post on Monday that Republican leaders have narrowed their list of possible debt-limit strategies to two options: trading a one-year extension for approval of the Keystone XL pipeline, or trading a one-year extension for repeal of the Affordable Care Act’s risk corridors (Costa, 2/3).
The Fiscal Times: GOP Strategy On Obamacare: Repair Or Repeal?
Republicans are ramping up their war on Obamacare this week with several new plans to carve away at the president’s health care law. The House Oversight Committee will hold a hearing on Wednesday targeting the law’s "risk corridors" provision, which conservatives have deemed a "bailout" for insurance companies. A few have signaled they may use the provision as leverage in a larger fight over the debt ceiling, which Treasury Secretary Jack Lew warns must be raised by the end of February (Ehley, 2/4).