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Today on the Hill: House Budget Panel Advances FY18 Budget; Both Chambers to Finish Week’s Votes Today

Two significant developments broke late yesterday, starting with the approval of a Republican budget resolution out of the House Budget Committee on a 22-14 party-line vote. The budget makes significant cuts to discretionary programs favored by Democrats and outlines reconciliation instructions for Republicans to pursue a comprehensive tax reform package. The other development came from the Congressional Budget Office (CBO), who released their analysis of a new Republican proposal to repeal the Affordable Care Act (ACA) after a two-year delay with no replacement plan. According to the nonpartisan analysts, the bill would result in 32 million fewer individuals having health insurance and lead to a doubling of insurance premiums after ten years.

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Health Policy Report

The Week in Review Health care continued to be at the forefront of discussions in Washington last week as Senate Republicans made further progress on the Better Care Reconciliation Act (BCRA) – their plan to repeal and replace the Affordable Care Act (ACA). Senate Majority Leader Mitch McConnell (R-KY) released an updated version of the legislation on Thursday, with a series of policy changes aimed at attracting Republican holdouts on both the moderate and conservative side of the spectrum. However, despite the changes, the future of the bill is still uncertain with two Republicans — Sens.