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Benzinga
Benzinga
Business
Henry Khederian

CVS Health Stock Jumps As GOP Health Bill Stalls

CVS CVS Health CVS Health Corp Medicaid Republican USA Today
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Shares of CVS Health Corp (NYSE:CVS) are trading higher Thursday afternoon. The stock is rising as a Republican legislative package targeting major tax and healthcare changes faces a considerable obstacle in the U.S. Senate.

What To Know: According to a report from USA TODAY, the Senate’s parliamentarian, Elizabeth MacDonough, ruled on June 26 that several key provisions aimed at overhauling Medicaid could not be included in the bill under the Senate’s budget reconciliation rules.

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