In a humiliating failure, President Donald Trump and GOP leaders pulled their bill to repeal "Obamacare" off the House floor Friday when it became clear it would fail badly — after seven years of nonstop railing against the law. Democrats said Americans can "breathe a sigh of relief." Trump said the current law was imploding "and soon will explode."
Thwarted by two factions of fellow Republicans, from the center and far right, House Speaker Paul Ryan said President Barack Obama's health care law, the GOP's No. 1 target in the new Trump administration, will remain in place "for the foreseeable future."
Now that the effort to overhaul the nation's health care system has collapsed, the Trump administration is turning its attention to tax reform.
President Donald Trump and Treasury Secretary Steven Mnuchin said Friday that the administration will now focus on gaining congressional approval for a sweeping tax overhaul plan.
Trump's comments came after Republicans were forced to cancel a House vote on their bill to repeal and replace the Affordable Care Act because they could not get the support needed for passage.