House Majority Leader Kevin McCarthy announced the House is planning to vote next week on the Republican plan to repeal and replace Obamacare.
The bill zeroes out the individual and corporate insurance mandate and most of Obamacare’s taxes. It also swaps tax credits for the law’s subsidies and winds down the expansion of Medicaid.
The bill is expected on the floor late next week, possibly Friday, but it’s not clear yet whether enough Republicans support it to ensure passage. McCarthy, R-Calif., warned lawmakers of late night votes next week.
“Late votes are likely in the House on Thursday and members are advised to adjust their schedules accordingly,” he said.
Leaders of the Republican Study Committee, a large faction of conservatives, announced support for the bill after a meeting with President Trump Friday, but the House Freedom Caucus, comprised of about three dozen conservatives, still don’t like it.
“It is known Obamacare is failing and we have a responsibility to provide Americans relief,” McCarthy said.
Minority Whip Steny Hoyer, D-Md., said the law is successful and should not be repealed. “I don’t share the view that it’s known the Affordable Care Act is failing,” Hoyer said.
