(Bloomberg) Republican U.S. senators opposed to Obamacare said the best alternative would be a narrower system of tax credits for Americans to buy health insurance without any of the mandates for people or companies to participate.
The proposal Monday by Senators Orrin Hatch of Utah, Richard Burr of North Carolina and Tom Coburn of Oklahoma is a response to criticism from President Barack Obama that Republicans have offered no credible alternatives to his $1.4 trillion expansion of the U.S. health care system. The senators plan came with no estimate of its costs or a timetable for formal legislation.
