Republican senators are hashing out their health reform bill over the July 4 recess. When they return on July 10, let’s hope they’ve written a bill that looks less like Obamacare Lite and more like a genuine market-based alternative to repeal and replace the failing health law.

Anyone who believes that the Senate’s previous draft would dismantle Obamacare clearly didn’t read it. Consider the bill’s proposed insurance subsidies.