Senate Republicans unveiled their health-care proposal Thursday, the upper chamber's version of the GOP-backed American Health Care Act that passed the House early last month. The Senate bill, titled the "Better Care Reconciliation Act of 2017," allows states to apply for waivers to certain insurance regulations intended to protect the sick and the poor, proposes steep and lasting cuts to Medicaid, and rolls back taxes and subsidies levied under the Affordable Care Act. Former President Barack Obama, of course, signed the Affordable Care Act a.k.a.