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House GOP votes to repeal ObamaCare, replace taxes

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AUSTIN, Texas — The House of Representatives voted Thursday to repeal and replace the Affordable Care Act, a day after Republicans failed to repeal the law with a simple majority.

The House voted 97-0 to approve the legislation, which is the first step in a series of legislative actions the House will take over the coming weeks to try to repeal Obamacare and replace it with a new health care system.

House Republicans plan to hold a vote to replace the 2010 Affordable Care Care Act in the House chamber on Friday, when the Senate will be on recess for a recess.

House Speaker Paul Ryan told reporters that he believes the House has the votes to pass the legislation.

The Senate has already passed a version of the legislation with Vice President Mike Pence as the lone dissenter.

The legislation would repeal the individual and employer mandates that require Americans to purchase insurance or pay a penalty.

It also repeals the individual mandate for those with incomes up to 400 percent of the poverty line, which Republicans say will make it easier for millions of Americans to buy insurance.

The Republican plan would eliminate subsidies that were set to go to those who buy insurance on the individual market, the tax credits that help people buy coverage and reduce the cost of health insurance, the Congressional Budget Office said in a report last week.

The CBO found that, while the bill would increase premiums for people who buy coverage, the federal government would pay the difference.

House Majority Leader Kevin McCarthy, R-Calif., said Thursday that the House is “getting close” to repealing the ACA.

But McCarthy and other House GOP lawmakers who voted against the bill said they expect to have to work with Democrats to reach a compromise on health care legislation.

Democrats, who have repeatedly criticized the Republican legislation as a giveaway to the insurance industry, said Thursday the legislation is “very different” from the GOP’s original plan.

The Senate health care bill, meanwhile, is expected to pass in the Senate.

House Democrats voted against a similar plan last month, but the House passed a different bill that passed the House with just over 50 votes.

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