House Republicans announce potential Obamacare replacement


Paul Ryan announcing the healthcare plan.              Image: MSNBC


US House Republicans, revealed a detailed healthcare plan earlier this week, which could well replace the controversial Affordable Care Act,  signed into law in March 2010.

Also known as Obamacare, the federal statute brought in by the former US President, helped over 20 million previously uninsured Americans get health insurance.

Despite this, many nationals have been left irritated by the increase in insurance premiums.

Republican speaker, Paul Ryan, claimed he could guarantee that he would have enough votes to secure passage of the measure in the House and explained that the Conservatives should be very optimistic about the plan.

The proposed legislation would revoke penalties for those who choose not to invest in health insurance, and would also supersede income-based subsidies to assist with the cost of premiums, with age-based tax credits.

The plan has already come under intense scrutiny from the Conservatives. Republican Senator, Mike Lee described it as “exactly the type of back-room dealing and rushed process that we criticized Democrats for.”

House Committees plan to begin voting on the proposal, on Wednesday.






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