House GOP Unveils Plan to Replace Obamacare

House Republicans “unveiled their long-awaited plan to repeal and replace the Affordable Care Act, scrapping the mandate that nearly all Americans have health insurance and replacing it with a system of tax credits aimed at enticing Americans to purchase health care on the open market,” the New York Times reports.

“The bill’s unveiling set the stage for a bitter and consequential debate over the possible dismantling of the most significant health care law in a half-century. Republicans hope to undo major parts of President Barack Obama’s signature domestic achievement, including income-based tax credits that help millions of Americans afford insurance, taxes on people with high incomes and the penalty for people who do not buy health coverage.”

Politico: “But there were warning signs even hours before GOP leaders unveiled the proposal. Four key Senate Republicans in a Monday letter balked at the House plan to repeal the Medicaid expansion after 2020, underscoring how sharply divided the party still remains over how to transform the health care system and accomplish a core campaign promise.”

“House conservatives, meanwhile, had yet to commit to backing the proposal.”