Republican Controlled House Votes to Repeal Obamacare

Republican Controlled House Votes to Repeal Obamacare

In a deeply partisan vote, the US House of Representatives voted 217-213 to repeal the Affordable Care Act, also known as Obamacare. All 217 “yes” votes were from Republican representatives, while 20 Republicans joined all 193 Democrats in voting “No.”
The measure specifically repeals taxes on the wealthy on investment income and payroll taxes, eliminate the individual mandate, as well as remove subsidies dependent on premiums and income levels. As a replacement for the subsidies, the new bill offers tax credits based upon income and age. Also included in the bill are deep cuts to Medicaid that will become effective after 2020.
Although President Trump sounded an optimistic note on the bill’s chances in the Senate, it is not clear whether the bill can pass. Many moderate Republicans have eschewed voting for repeal out of fear it could hurt re-election chances. Fifty-two Senators are Republicans, meaning only two can be lost for the bill to still pass. The Senate is not likely to take up the bill until July, shortly before the August recess and any changes made to the bill by the Senate could mean too many deeply conservative House members would not vote for the bill if sent back to them.
Repealing “Obamacare,” or the Affordable Care Act has been a cornerstone of the Republican party since its passage in 2010 and was a campaign promise of President Trump. His failure to do so in his first days in office was a disappointment to both Trump and his supporters.
Commenting on the bill, the President stated during a celebration with House Republicans, “This is a great plan. I actually think it will get even better. This is a repeal and replace of Obamacare. Make no mistake about it.” Only time will determine whether his optimism is misplaced.

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