President Obama Vows to Veto PPACA Repeal

The Obama Administration issued a "Statement of Administrative Policy" that vows to veto the repeal of the Patient Protection and Affordable Care Act (PPACA) should the repeal pass Congress. Republicans have schedule a vote on H.R. 2, a bill to completely repeal PPACA for Wednesday, January 12.

The Statement of Administrative Policy states. "The Administration strongly opposes House passage of H.R. 2 because it would explode the deficit, raise costs for the American people and businesses, deny an estimated 32 million people health insurance, and take us back to the days when insurers could deny, limit or drop coverage for any American." 

H.R. 2 is expected to pass the House, but is unlike to pass the Senate.

Click here to read the Statement of Administrative Policy.

Click here to read H.R. 2.