Republicans punt: Obamacare replacement vote delayed

MarketWatch/Jeffry Bartash/06-27-17

Republican Senate leaders on Tuesday delayed a vote on the party’s controversial replacement for Obamacare until after July 4 amid a frantic effort to round up enough votes and avert an embarrassing defeat.

Senate Majority Leader Mitch McConnell had hoped to hold a vote before the holiday, but Republicans lack enough support for a bill that’s been criticized by both the moderate and conservative wings of the party.

PG View: That means that the balance of the President’s agenda is delayed as well. The stock market doesn’t like it . . .

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