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House Republicans unveil bill to repeal Obamacare

Tuesday, March 07, 2017 - 01:30

Republicans in the U.S. House of Representatives unveil long-awaited legislation on Monday to repeal much of the Obamacare healthcare law, including its expansion of the Medicaid program for the poor. Jillian Kitchener reports.

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House Republicans on Monday unveiling their long-awaited plan to repeal much of Obamacare. The proposal would do away with the income-based subsidies at the heart of former President Obama's Affordable Care Act... replacing them with age-based refundable tax credits.. and repeal the provision requiring all Americans to buy insurance... The proposal would freeze enrollment in Obamacare's expanded Medicaid program on January 1, 2020, but federal funds for the program would be capped... (SOUNDBITE) U.S. PRESIDENT DONALD TRUMP, SAYING: "Mandating every American to buy government approved health insurance was never the right solution for our country." U.S. President Donald Trump, along with congressional Republicans, have repeatedly promised to wipe out Obamacare... Obama's signature domestic policy achievement It was not immediately clear if the bill - which also cuts some taxes - has enough support to pass the Republican-led Congress. It goes next to two House committees for review. Democrats have warned repealing the law risks throwing the entire U.S. healthcare system into chaos..and puts coverage at risk for millions of Americans.. (SOUNDBITE) SENATE MINORITY LEADER, CHUCK SCHUMER, SAYING: "It would make America sick again." ... Those fears sparking angry confrontations with lawmakers at town halls around the nation... Trump and Republican lawmakers have vowed to rework the system to be more affordable and less of a burden on taxpayers...

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House Republicans unveil bill to repeal Obamacare

Tuesday, March 07, 2017 - 01:30