Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Report: GOP May Tie Debt Limit To Partial ACA Repeal

CAMBRIDGE, Md. (UPI) — U.S. House Republicans are considering tying an increase in the debt limit to repeal of a provision of the Affordable Care Act, Representative Jim Jordan (R-Ohio) said.

Jordan told Roll Call repeal of an ACA feature that lessens the risk for insurance providers “certainly was an option put forward by some members” at a retreat of GOP House members in Maryland this week.

Citing a GOP House member who was present during a panel discussion of tying an increased borrowing limit to repeal of the so-called risk corridors for insurers, Roll Call said Representative Michele Bachmann (R-Minn.) surprised GOP House leaders by saying she would vote for increasing the debt limit in return for repeal of the ACA provision.

Representative Tom Cole (R-Okla.) said other ideas considered at the Thursday session included tying a higher borrowing limit to a Constitutional amendment requiring a balanced budget or to advancing development of the Keystone XL oil pipeline project, but he said the risk corridor repeal seemed to have the strongest chance of passage.

U.S. Treasury Secretary Jack Lew said Wednesday Congressional Republicans “have accepted” there is a Feb. 7 deadline for raising the Federal borrowing limit.

“All the discussions that I’ve had and the things that I’ve read show that they understand that they need to do something by the end of February,” Lew said. “And I think they also understand that there’s not going to be any kind of a negotiation or a ransom paid for Congress to do what it needs to do, which is pay the bills that it’s already committed to.”

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Report: GOP May Tie Debt Limit To Partial ACA Repeal”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.