Two top Republican lawmakers said Monday they would not back the Obamacare replacement bill leaked last week to the media, The Hill reported.
Reps. Mark Walker and Mark Meadows of North Carolina said they had qualms with the draft, specifically the use of refundable tax credits.
"What is conservative about a new entitlement program and a new tax increase?" Meadows, chairman of the conservative House Freedom Caucus, told CNN. "And should that be the first thing that the president signs of significance that we sent to the new president?
"A new Republican president signs a new entitlement and a new tax increase as his first major piece of legislation? I don't know how you support that — do you?"
Meadows also took issue with the process of distributing tax credits, saying it would make some wealthy individuals eligible for the new healthcare.
"So, the headline is that the GOP is reducing subsidies to needy individuals when in fact, the growth of the taxpayer-subsidized reimbursements will actually increase. The total dollars that we spend on subsidies will be far greater," he said. "So, you can be a millionaire and not have employer-based healthcare, and you're going to get a check from the federal government. I've got a problem with that."
Walker, the chairman of the Republican Study Committee, said he had serious issues with the measure.
"There are serious problems with what appears to be our current path to repeal and replace Obamacare," Walker said in a statement. "The draft legislation, which was leaked last week, risks continuing major Obamacare entitlement expansions and delays any reforms.
"It kicks the can down the road in the hope that a future Congress will have the political will and fiscal discipline to reduce spending that this Congress apparently lacks. Worse still, the bill contains what increasingly appears to be a new health insurance entitlement with a Republican stamp on it."
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