Factbox: Latest Obamacare Repeal Bill Would Block Grant Money To States, Guts Medicaid Expansion

U.S. Senate Republicans are making one last attempt to overhaul Obamacare before a special parliamentary procedure allowing the bill to pass with a simple majority expires at the end of this month.The latest proposal, called the Graham-Cassidy bill and sponsored by Republican Senators Lindsey Graham, Bill Cassidy, Dean Heller and Ron Johnson, would give states money in the form of block grants, allowing them to design their own healthcare systems while maintaining some regulations of the Affordable Care Act, former Democratic President Barack Obama’s signature domestic policy achievement.The federal funding would run out by 2027, and after that would need to be reauthorized.The bill gained momentum this week as Republicans aim to deliver on a seven-year campaign promise and one of President Donald Trump’s top campaign pledges.