House Republicans unveiled legislation to repeal much of the Affordable Care Act Monday, including its expansion of Medicaid. The proposal includes a large tax break for insurance companies that pay their CEOs over $500,000 per year. It also defunds Planned Parenthood and eliminates abortion coverage. The Republican proposal does retain Obamacare’s requirement that insurers cover people with pre-existing conditions. However, it scraps the revenue-generating mechanism that makes this possible: the individual mandate, which required all Americans to sign up for health insurance or pay a fee. The proposal now goes to two House committees for review. Republican lawmakers have been facing increasing resistance from their own constituents over their vows to repeal the Affordable Care Act. Last week, thousands confronted Republicans at town hall meetings, including a meeting with South Carolina Republican Senator Lindsey Graham.
Sen. Lindsey Graham: “Here’s what we’re going to do. Here’s why we’re going to replace Obamacare. Employers—”
Audience member: “Affordable Care Act!”
Sen. Lindsey Graham: “—Employers—Affordable Healthcare Act. Employers
are eventually going to drop coverage, and everybody that work for a company is
going to go into a state exchange. We’re down to—we’re down to one company. One company. You’ll have no choice. Premiums went up 27—”
Audience: “[boos]”
Sen. Lindsey Graham: “I’ll tell you what. You’re going to get kicked out in about
30 seconds if you don’t shut up.”
Audience member: “Because I’m telling the truth.”
We’ll have more on the Republicans’ plan to repeal parts of the Affordable Care Act later in the broadcast.