The House Ways and Means Committee on Tuesday advanced legislation that would repeal several major ObamaCare provisions through the fast-track process known as reconciliation.
“We're going to pass a bill that can dismantle ObamaCare and reach the president's desk,” said House Ways and Means Chairman Paul Ryan (R-Wis.). “We’re going to repeal the five worst parts of the law: two mandates, two taxes and one board of bureaucrats.”
The measure would repeal ObamaCare’s individual and employer mandates for obtaining and providing insurance, along with two major taxes used to pay for the healthcare law: A 40 percent tax on high-cost health plans, called the “Cadillac Tax,” and a 2.3 percent excise tax on medical devices.
It would also abolish a board charged with recommending Medicare cuts if spending rises above a certain level, called the Independent Payment Advisory Board (IPAB).
Reconciliation will allow Republicans to get the repeal bill to President Obama because the legislation will not be subject to a filibuster in the Senate.
While Obama is sure to veto the package, Republicans are determined to show that their majority is fighting to scale back the law.
The reconciliation process is kicking into gear in an attempt to defuse this week's shutdown fight. The package will include a provision slashing federal funding for Planned Parenthood, an issue that had threatened to derail work on a government funding bill.Read the rest of the story HERE.
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