President Donald Trump is expected to roll out a new, smaller-budget plan next week aimed at rolling back Obamacare.
The Trump administration has been working on the new budget, which would use a combination of tax credits and savings measures to expand the government’s health care coverage and make some programs permanent, according to people familiar with the plans.
The administration is expected Tuesday to announce the details of the budget, these people said.
The White House hasn’t yet released details about the budget but has been closely monitoring the health care debate and has signaled that the Trump administration is willing to consider some cuts that Republicans in Congress are likely to try to exploit in order to get their way on the Senate health care bill.
The Senate health bill is a key component of the Republican strategy to repeal and replace the Affordable Care Act.
The budget also could be a significant step toward reversing Trump’s attempts to roll back a number of elements of the health insurance law, including its requirement that Americans purchase coverage or pay a penalty, its Medicaid expansion, and its individual mandate, which requires individuals to have health insurance or pay the tax penalty.
The White House is also expected to release a proposal next week to rollback the ACA’s cost-sharing subsidies and its Medicaid program.
The president and his senior advisers have said they would not abandon the law, and the president’s chief legislative and regulatory advisor, Mick Mulvaney, is expected on Capitol Hill next week as a prominent speaker to outline the administration’s vision for repealing the ACA.
The new budget also would likely have some overlap with the President’s budget for 2018, which is being released next week and would also include a series of spending measures that the administration is likely to use to fund infrastructure projects and other projects, as well as to improve the nation’s infrastructure.
It is also likely to include some money to create a new federal bank, a senior administration official said.
The plan would also likely include an outline of how to improve funding for state Medicaid programs.
But some Republicans in the House and Senate have questioned the need for a new budget and said they will push for cuts to other programs.
The budget would have to be approved by the full House and the Senate before being signed into law.