Congress Passes Bill to Repeal and Replace Obamacare

Congress voted to make sweeping changes to the American health care system Thursday. Republicans passed the American Health Care Act to repeal and replace Obamacare with 217 yea votes and 213 no votes.
Rep. Leonard Lance (R-NJ) , one of the few Republicans who voted no to the bill, said, “I don’t think this bill lowers premiums” and he added he would have liked to see a CBO score. The bill still has not been scored. Lance also said he’d like to “see the parties coming together and see cooperation from our Democratic colleagues” in a more bipartisan bill.
Freedom Caucus Chairman Mark Meadows, said it was a series of discussions that brought him and other Caucus members from a ‘no’ to ‘yes’ vote.
In an last minute switch, Rep. Fred Upton (R-MI) and Rep. Billy Long (R- MO) told President Trump, they had decided to vote ‘yes’, giving Republicans the final count they needed to go forward with the vote.
After the vote, House Democrats sang “Na Na Na Na Hey Hey Hey Goodbye”, a song by Steam, on the House floor to Republicans.
A few major main provisions of the bill include:

• Obamacare subsidies for lower income Americans are repealed.
• The bill offers yearly tax credits ($2,000-$4,000 a year) to those without insurance based on age.
• A complete Medicaid funding overhaul. A fixed amount of funding is provided by the federal government. The bill ends open-ended entitlement and puts the program on a budget, cutting $880 billion dollars over 10 years.
• The bill cuts taxes on high income people by taking out a tax that previously charged an additional 3.6%

The bill could still see some major changes when it hits the Senate. However, after it passed Republicans headed to the White House Rose Garden for a celebratory press conference. President Trump said, “premiums will be coming down did will be coming down but very importantly its a great plan and that’s what it’s all about.”