Republicans propose billions in new Obamacare funding

Congressional Republicans unveiled legislation on Monday that would funnel billions of dollars to Obamacare markets, and hope the provision can be attached to the long-term government spending that’s due Friday.

The new bill would fund insurer payments known as cost-sharing reduction payments for three years, and offer $30 billion in reinsurance funds distributed evenly for three years. It includes more flexibility for states to implement changes to their healthcare systems and allows more people to buy plans that have lower premiums and higher deductibles.