Congressional Republicans and the White House are in serious danger of not having enough votes to pass their bill to repeal and replace Obamacare, according to one count.
Several Republicans came out Monday against the current measure, bringing CNN’s count to 21 Republicans opposed to it, with at least 17 lawmakers undecided. Vice President Mike Pence will spend much of Tuesday on Capitol Hill, CNN reports. The bill calls for repealing subsidies under Obamacare and providing refundable tax credits based on age and income instead.
Ryan’s fundraising surge: As debate over the health bill continues, House Speaker Paul Ryan closed a hefty fundraising month for Republicans, Axios reports. His political entities sent $2.75 million to the National Republican Congressional Committee in April. That is more than half a million more than the speaker sent the committee in the same month last year.
Hearing on Choice Act: The House Financial Services Committee will work Tuesday on the so-called Choice Act, which would repeal about 40 provisions of Dodd-Frank. As the Associated Press writes, Republicans are likely to pass the bill in the House but it faces significant obstacles in the Senate. Among other things, it would gut the Consumer Financial Protection Bureau and eliminate the Durbin Amendment, which caps how much banks may charge retailers for debit card transactions.
Also read: Why Paul Volcker fears Trump’s push to roll back Dodd-Frank.
Trump, Putin to speak Tuesday: President Donald Trump and Russian President Vladimir Putin will speak on the phone Tuesday, a conversation that will come as the relationship between the U.S. and Russia is strained over the civil war in Syria. Politico writes the two leaders last spoke a month ago following the terrorist attack in St. Petersburg, Russia. Moscow and Washington are at odds over the regime of Syrian leader Bashar Assad, a close ally of Russia whose military the U.S. launched a missile strike against over its use of chemical weapons against its own people.
Also read: Wilbur Ross jokes airstrike on Syria served as ‘after-dinner entertainment.’