Obama vows to veto legislation to repeal health care reform
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WASHINGTON—If a health care reform repeal bill—to be voted on by the House of Representatives on Wednesday—receives final congressional approval, President Barack Obama would veto it, the administration said.
Repeal of the Patient Protection and Affordable Care Act would result in more than 250 million U.S. residents losing the benefits and protections they receive under the law, the administration said Monday in a statement.
Among other things, older adult children would lose coverage—a reform law provision that requires group plans to extend coverage to employees' children up to age 26. In addition, group plans could impose annual and lifetime dollar limits on coverage, while 30 million uninsured residents would lose coverage they expect to receive in 2014 when federal premium subsidies to the uninsured and expanded Medicaid eligibility take effect, the administration said.
It is unlikely, though, that President Obama will have an opportunity to veto H.R. 6079, which House Majority Leader Eric Cantor, R-Va., introduced Monday.
While the House is expected to approve the measure, Repeal of Obamacare Act, the bill has little chance of winning approval in the Senate, where Democrats are in the majority.
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