Thursday, January 20, 2011

House Passes Repeal of Obamacare

On January 19, 2011, members of the new Republican-controlled House of Representatives passed a bill to repeal the Obama Administration’s nearly $900 billion health care reform legislation.

Three Democrats joined the House’s 242 Republicans in supporting the bill.

The White House warns that reversing the bill poses a severe threat to the nation’s economy. In a formal statement they say that repeal would lead to "higher costs and skyrocketing premiums, less competition, and fewer consumer protections against industry abuses.”


Since then Senate Majority Leader Harry Reid (D-Nevada) has said he would not introduce the measure for a vote on the Senate floor, and since President Obama has said he would veto the bill it looks like it may be simply an effort to fulfill campaign promises and little more.

House Republicans have stated they are intent on finding ways to block the law, including a measure on January 20 instructing three House committees to create a new health care bill.

No one knows for sure how this will all play out but I for one think it is the first step in a serious effort to scale back the most onerous parts of the bill and repeal whatever parts can be repealed.

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