The dollar plummets as US Republicans scramble over healthcare bill
Washington — On Tuesday, US Republican lawmakers were left scrambling to salvage their years-long campaign promise to repeal and replace Obamacare after their latest plan sank in the senate, rattling financial markets and sending the US dollar to a 10-month low. The setback leaves the party to weigh a repeal-only strategy to buy more time for a possible replacement plan later as President Donald Trump vowed to return with a new proposal. "As I have always said, let Obamacare fail and then come together and do a great healthcare plan. Stay tuned!" he tweeted, blaming Democrats and a few members of his own party. Senate Republicans’ second attempt at a healthcare bill collapsed on Monday as two more senators refused to back it, prompting Trump to urge an outright repeal even as other Republicans sought a shift toward bipartisanship with Democrats. The Republicans’ healthcare failure spelled uncertainty for Trump’s other top agenda items of tax reform and an infrastructure overhaul, le...
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