the coverage that a lot of those people are going to voluntarily drop their coverage if they are coerced by the state. the medicaid reform, the per capita funding formula. if you read the coverage, it s going to end medicaid as we know it, you would never know that that was an idea proposed by bill clinton to save medicaid and put it on a more sustainable footing. the house bill, they gave states the ability another way to care for people with pre-existing conditions besides the obamacare regulation. the coverage has been uniformly negative. it s gone from completely hostile to repealing and replacing obamacare. jon: i come back to the notion that these exchanges are going south and the premiums are going north and that doesn t
this through? i hope so. people have different opinions. and they have a lot of ideological opinions as well. but it s time to put that aside and move. reporter: but moving fast may be difficult. senators tried to digest exactly what the draft does. among the key provisions, draft repeals obamacare s taxes and individual mandates. provides more generous subsidies to purchase insurance than the house passed bill and takes a different path to cutting back obamacare regulation. priority for conservative aims to drive down premiums. dropping the house effort to grant state waivers for rules that provided price protections for those with preexisting conditions as well as the ten essential health benefits required by obamacare. while it institutes a slower phaseout than the house counterpart, a key ask for moderate senators, like the house bill, the senate version fundamentally reshapes the medicaid program, and it goes
among the key provisions, draft repeals obamacare s taxes and individual mandates. provides more generous subsidies to purchase insurance than the house passed bill and takes a different path to cutting back obamacare regulation. priority for conservative aims to drive down premiums. dropping the house effort to grant state waivers for rules that provided price protections for those with preexisting conditions as well as the ten essential health benefits required by obamacare. while it institutes a slower phaseout than the house counterpart, a key ask for moderate senators, like the house bill, the senate version fundamentally reshapes the medicaid program, and it goes further. institute to what is deeper cuts than the house version slowing spending growth over time. republicans defending the proposal as necessary to sustain the program. tonight, democrats are infuriated.
you also have murkowski is a senator from a rural state who have a special interest in this because they rely on federally funded programs so much more than others do but i think there s just, i mean, the reason she just gave there, there is an argument to be made about hypocrisy because the republicans complained with democrats when obamacare passed which took longer on the calendar than they ve given themselves for the republican version of repeal and replace, was that it was the line you have to pass it to see what s in it, that was the thing that played out over and over again they re clandestine about anything so much so they can t explain when reporters ask them. if it fails maybe there was a thought there would be a messaging argument against senate democrats for making it difficult to work with them but they lose that if democrats say you didn t let us know what was in it, your own people didn t know and that was your complaint
lawmakers on this. where do things stand now this bill? they re not there yet and there s no question about that. they re close and i don t know they ll have a lot of options going forward. you mentioned the time line. ten legislative days, it s clear, senate leader innocence the republican party want to vote before july 4th. there s a lot of reasons. they have a huge list of agen da items they want to get to and recognition while this process doesn t look good publicly, behind the scenes they ve been having meeting after meeting after meeting with all 52 members of their conference. they know what the issues are, medicaid expansion, obamacare regulation, structure of the tax credit, abortion. they have not changed. the issues have not changed. the players have not changed. they recognize that at some point you re going to have to actually move forward and do something and the big question now is two-fold. one, can you get a score done, can you get something back and two, is there an