Reconciliation bill gets the OK from House, heads to Senate
- On Friday, the U.S. House of Representatives voted 240-189 to approve legislation which would repeal core provisions of the ACA.
- The measure, H.R. 3762, would repeal the individual mandate, the controversial Cadillac tax, the employer mandate, the medical device tax and the Independent Payment Advisory Board (IPAB) as well as cut off federal funding for Planned Parenthood.
- The bill now heads to the Senate.
The Congressional Budget Office (CBO) estimated if the bill is passed it will decrease deficits by $130 billion over the 2016-2025 period. However, Obama has promised to veto any bill that defunds Planned Parenthood and, as previously reported by Healthcare Dive, the Senate lacks enough votes to overcome a veto.
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