Ryan signals readiness to move to tax reform

Ryan signals readiness to move to tax reform
© Greg Nash

Speaker Paul RyanPaul RyanRyan: Graham-Cassidy 'best, last chance' to repeal ObamaCare Ryan: Americans want to see Trump talking with Dem leaders Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea MORE (R-Wis.) on Friday signaled a pivot to tax reform, one day after the Republican effort to repeal ObamaCare collapsed in the Senate.

Ryan urged Republicans not to give up on repealing and replacing the healthcare law, but his statement — coupled with comments from President Trump and Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellSenate passes 0B defense bill Overnight Health Care: New GOP ObamaCare repeal bill gains momentum Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea MORE (R-Ky.) — suggest a shift for the GOP.

“I am disappointed and frustrated, but we should not give up. I encourage the Senate to continue working toward a real solution that keeps our promise,” Ryan said in a statement.

ADVERTISEMENT
“We have so much work still to do, and the House will continue to focus on issues that are important to the American people. At the top of that list is cutting taxes for middle class families and fixing our broken tax code. I’m glad that members will now take time to hear directly from those they represent and make the case for historic tax reform that we intend to pursue in the fall,” Ryan said. 

McConnell said early Friday it was time to “move on” from healthcare. Trump said Republicans should let ObamaCare “implode,” saying Democrats would then be willing to deal with the GOP.

Ryan sought to distance the House from the Senate GOP's failure, noting that Republicans in the lower chamber passed their own version of legislation to repeal and replace the law earlier this year.

“While the House delivered a bill to repeal and replace Obamacare, unfortunately the Senate was unable to reach a consensus,” he said.

House members are leaving for the monthlong August recess Friday.

GOP leaders stressed to the rank-and-file during a conference meeting Friday morning that they should focus on the bills that have made it through the lower chamber but await action in the Senate.

Apart from a healthcare bill, the House has also passed legislation to unwind the Dodd-Frank Wall Street reform law, combat human trafficking and crack down on illegal immigration. But the Senate has not taken action yet on those bills.

A scaled-back ObamaCare repeal bill failed in the Senate early Friday morning in a 51-49 vote after three Republican senators — John McCainJohn Sidney McCainSenate's defense authorization would set cyber doctrine Senate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Overnight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions MORE (Ariz.), Lisa MurkowskiLisa Ann MurkowskiSenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Collins skeptical of new ObamaCare repeal effort How Senate relationships could decide ObamaCare repeal MORE (Alaska) and Susan CollinsSusan Margaret CollinsSenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Ryan: Graham-Cassidy 'best, last chance' to repeal ObamaCare Collins skeptical of new ObamaCare repeal effort MORE (Maine) — joined all Democrats in rejecting it.