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((Anthony Wahl / The Janesville Gazette via AP)

The House's Obamacare repeal and replacement bill, expected to be released later tonight, has been changed in some significant ways to address conservatives' concerns, Politico reports.

  • The bill no longer caps the tax break for employer-sponsored coverage benefits. Instead, it keeps Obamacare's "Cadillac tax" on expensive benefits. However, the tax is delayed until 2025. It's currently set to go into effect in 2020.
  • The tax credits are now means tested, as well as varying by age. Individuals making more than $75,000 and households earning more than $150,000 would have reduced tax credits. Those earning more than $215,000 individually or $290,000 jointly would not receive tax credits.
  • Obamacare's Medicaid expansion is still phased out, and a per-person cap on spending still replaces the current open-ended matching system. However, the spending growth rate in future years is reduced, meaning states get less money over time.
  • The repeal of many of Obamacare's taxes is delayed until 2018, a year after the old version would have repealed them.

The bottom line: These changes make the bill look significantly more like Obamacare. It's anyone's guess how both conservative and moderate Republicans will react.

Go deeper

CDC director warns "now is not the time" to lift COVID restrictions

CDC director Rochelle Walensky warned states on Monday that "now is not the time" to lift public health restrictions, as the recent dramatic declines in coronavirus cases and deaths "appear to be stalling."

Why it matters: While the average of 70,000 new infections and 2,000 daily deaths is nowhere near the extremely high levels recorded at the start of 2021, the figures are still a poor baseline to "stop a potential fourth surge" — especially with the threat posed by more contagious new variants, Walensky warned.

Sen. Elizabeth Warren introduces "ultra-millionaire" wealth tax bill

Photo: Greg Nash-Pool/Getty Images

Sen. Elizabeth Warren (D-Mass.) on Monday introduced a bill in the Senate that would impose a new tax on the assets of America's wealthiest individuals.

Why it matters: The plan, which Warren introduced along with Reps. Pramila Jayapal (D-Wash.) and Brendan Boyle (D-Pa.) is similar to a proposal that was the centerpiece of Warren's campaign for the presidency in 2020.

3 hours ago - World

Former French President Sarkozy sentenced to jail for corruption

Nicolas Sarkozy, 2011. Photo: XINHUA/Gamma-Rapho via Getty Images

A court in Paris on Monday sentenced former French President Nicolas Sarkozy to one year in prison and a two-year suspended sentence after he was found guilty of trying to bribe a magistrate, AP reports.

Driving the news: Sarkozy, who was president from 2007 to 2012, is the first president in France’s modern history to have gone on trial for corruption, per AP. He was charged with corruption and influence-peddling.