Breaking: Republicans Reveal Obamacare ‘Repeal and Replace’ Bill – Millions to Lose Coverage

Tax Credits Replace Subsidies

After voting more than 60 times across more than six years to repeal Obamacare, House Republicans have just finally produced legislation that would repeal and “replace” the Affordable Care Act. 

The “American Health Care Act”  legislation is 123 pages long. About half of it will go to the Energy & Commerce Committee, and the other half to the Ways & Means Committee.

‘Millions’ to Lose Coverage

“The measure would restructure the country’s Medicaid program so that states receive a set amount of money from the federal government every year and offer individuals refundable tax credits to purchase health insurance, all of which experts have warned could result in millions of people losing access to insurance they received under the Affordable Care Act,” CNN reports.

Defunds Planned Parenthood

The bill will, among many things, strip all funding from Planned Parenthood, leaving millions without a provider for vital health care needs.

Majority Don’t Want Law Repealed

The majority of Americans do not want Obamacare repealed, they would prefer the health care law repaired — something Republicans have refused to even consider for nearly seven years. 

Paul Ryan:

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Image by James McNellis via Flickr and a CC license