>> HR 1628 is postponed.>> Republicans suffer a stunning defeat in Washington as they come up short in their long promised effort to repeal Obamacare. I'm Andy Sullivan in Washington where House Speaker Paul Ryan just cancelled a vote on his plan to repeal and replace President Barack Obama's Affordable Care Act after it became clear that he did not have enough votes to get it through the House of Representatives.
It's a huge embarrassment for Ryan's Republican Party, which is been promising voters for years that they were gonna replace Obamacare for something better. It's also a devastating setback for President Trump who is unable to unite his party around the plan that many of them didn't like. Trump sold himself as a master negotiator.
And after a week of arm twisting, he issued an ultimatum to the house. Fall in line or lose all hope of repelling Obamacare. That take it or leave it approach clearly backfired support melting away as even mainstream Republicans like Barbara Comstock calculating that they would be better off going on record against it.
Moderate Republicans said, the bill is too harsh on the poor and the elderly while conservatives dismissed it as a warmed over version of Obamacare. Democrats uniformly opposed the bill, which they portrayed as a trillion dollar tax cut for the wealthy. A clearly shattered Ryan calling it a disappointing day saying, his party has to start making the tough choices that come along with governing.
Telling reporters he's not sure what happens next.>> Obamacare is the law of the land. So yeah, we're gonna be living with Obamacare for the foreseeable future.>> Trump blaming Democrats for the defeat. Predicting that Obamacare is headed for collapse and saying, the two parties should now work together to come up with a better alternative.
>> Perhaps the best thing that could happen is exactly what happened today, because we'll end up with a truly great healthcare bill in the future.>> House Democratic Leader Nancy Pelosi open to that idea saying that they should work together to bring down prescription drug prices, an idea that Trump supports, but this is a huge setback for Trump who on his first forray into the legislative process came up short.
Members of his own party repudiating him. This raises questions about whether he's gonna be able to deliver on other top priorities like tax reform and infrastructure, even keeping America's credit rating intact. They're gonna have to raise that debt ceiling soon. The blame game in Washington is just starting and it's not gonna end any time soon.