Schumer: Cruz healthcare amendment a 'hoax'

Senate Minority Leader Chuck Schumer called Sen. Ted Cruz’s amendment to the Senate healthcare bill a “hoax” that would only make healthcare more expensive for many Americans.

The amendment by Cruz, R-Texas, would allow insurance companies to sell healthcare plans that are not compliant with the Affordable Care Act as long as they make one plan available that qualifies under the current law. Cruz said his goal is lower premiums, but Schumer, D-N.Y., countered that many would pay instead through more expensive deductibles and copayments.