President TrumpDonald TrumpTrump takes shot at new GOP candidate in Ohio over Cleveland nickname GOP political operatives indicted over illegal campaign contribution from Russian national in 2016 On The Money — Dems dare GOP to vote for shutdown, default MORE on Wednesday claimed the Republican tax plan “essentially” repeals former President Obama’s signature health-care law.
“When the individual mandate is being repealed, that means ObamaCare is being repealed,” Trump said during a Cabinet meeting at the White House. “We have essentially repealed ObamaCare and we will come up with something much better.”
The GOP tax overhaul gets rid of the Affordable Care Act’s individual mandate, which requires almost all Americans to purchase health insurance or pay a fine.
Trump said he refrained from playing up that measure because he was worried about how the news media would report it, but added “now that it’s approved, I can say that.”
Despite Trump’s claim, the tax bill does not repeal ObamaCare entirely.
People will still be able to purchase insurance through individual marketplaces, Medicaid expansion is preserved and consumer protections remain in place.
But health-care experts worry that without the mandate, premiums in the individual insurance market could spike, competition could decrease and more people will become uninsured.
Before turning to taxes, Trump and the GOP-controlled Congress tried multiple times to repeal ObamaCare but failed.
Trump offered his first in-person comments on the tax bill after the Senate passed it on a party-line vote just after midnight Wednesday.
The House is expected to vote on the legislation again Wednesday afternoon, sending it to the president's desk in what will be the first major legislative achievement for Trump and the Republican-controlled Congress.
“We got it done,” Trump said, thanking Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellGOP political operatives indicted over illegal campaign contribution from Russian national in 2016 McConnell privately urged GOP senators to oppose debt ceiling hike On The Money — Dems dare GOP to vote for shutdown, default MORE (R-Ky.) and Speaker Paul RyanPaul Davis RyanPaul Ryan researched narcissistic personality disorder after Trump win: book Paul Ryan says it's 'really clear' Biden won election: 'It was not rigged. It was not stolen' Democrats fret over Trump-district retirements ahead of midterms MORE (R-Wis.) by name. “We have a tremendous amount of talent.”