FIRST AIRED: July 19, 2017

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Transcript

00:00:00
>> We'll find a solution, cuz I think, but just letting Obamacare collapse for my district isn't an option.>> With Republican health reforms in tatters, President Trump suggesting perhaps Washington should do nothing to help Americans struggling with rising cost and spotty coverage. But the party's point man on Texas in the House of Representatives says that's not an option.
00:00:21
I'm Andy Sullivan in Washington where I just sat down with House Ways and Means committee chairman Kevin Brady, one of the most powerful lawmakers in Congress. He's clearly disappointed that the seven year Republican effort to repeal Obamacare appears dead for now, but he says Washington has an obligation to make sure that the law's insurance exchanges work effectively.
00:00:41
That means Congress can't just repeal the law, and it can't just stand by and do nothing.>> Well from my district, people want change. I don't want to see them hurt. So I'd like a new solution for them, and to begin that transition now.>> Brady says Obamacare's taxes on the wealthy are likely to stay in place even as he takes up an ambitious overhaul of the tax code.
00:01:03
>> We're not right now proposing to import those tax cuts in the tax reform. The end result would be higher taxes for everyone in America to pay to try to reduce those taxes. We think those best belong in a repeal and replacement of Obamacare.>> The GOP first has to agree on a budget before they can take up the tax code rewrite.
00:01:27
Brady says he is confident his party will be able to work through its differences.>> Every Republican knows this isn't just a normal budget. It is a tax reform budget. There always is that tension between those who would like to spend more and those who want to spend less.
00:01:42
The discussions we're having are healthy and they're normal and they're good ones to have.>> Brady knows that tax reform will be at least as complicated as healthcare, so he'll be on the hot seat to make it all work in the House.