(The Daily Signal) The effort to repeal Obamacare may be headed in the wrong direction.
That it could be so was unthinkable just a few short weeks ago when the GOP triumphantly returned to our nation’s capital with majorities in the House of Representatives and the Senate and control of the presidency for the first time since the law was enacted back in 2010.
Since then, Republicans across the nation have consistently proclaimed their opposition to the law and pledged to repeal it the first chance they got.
But with lawmakers huddled in Philadelphia for a three-day retreat to strategize how best to approach the months ahead and the Jan. 27 deadline for a repeal bill to be written slipping by, how exactly the GOP plans to achieve its long-sought goal to reverse Obamacare remains murkier than ever.
This is leading some to doubt whether the GOP is still serious about dismantling the law. For example, Reuters is reporting that prominent portfolio managers on Wall Street are now betting against full repeal and expect instead that the fundamental structure of Obamacare will remain intact.
Given this, President Donald Trump and congressional Republicans should reiterate their commitment to the full repeal of Obamacare. They should also signal their determination to reject Obamacare’s flawed framework and to replacing it with patient-centered and market-based reforms.
And they need to get to work by taking the first step in the process, which should be passing legislation to repeal Obamacare as soon as possible.
Time is running out.
Technically, the end-of-January deadline is not binding in any meaningful sense. Legislation produced after Jan. 27 is still eligible for expedited consideration in the Senate as long as it complies with the reconciliation instructions included in the Fiscal Year 2017 budget resolution….