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Obama Symbolically Speaks In Favor Of ACA

Former President Barack Obama has emerged to state that the Affordable Care Act could be improved by President Donald Trump and urged the current president to do a better job of managing the health care law.

Breaking his post-presidency silence for the first time, on the seventh anniversary of the Affordable Care Act and on the day Trump and his allies in Congress sought to win the congressional votes to repeal it, the former Democrat president came out and defended the health care system, The Washington Times reports.

He said his signature law, often called Obamacare, set a new standard in the health care debate by delivering insurance to millions of citizens who didn't have it before. He further added the ACA widely improved the lives of 100,000 people. 

"The reality is clear: America is stronger because of the Affordable Care Act," Obama said. 

White House press secretary Sean Spicer responded with: "President Obama must be feeling the time is up."

Republicans had originally scheduled a House vote on the replacement legislation for March 23, but postponed it to March 24 once it became clear they did not have enough votes to pass it. 

Observers note further postponements may be on the table for the GOP, as both Trump and Republican House Majority Leader Rep. Paul Ryan of Wisconsin work to garner the votes needed to pass the bill. 

The financiers of Wall Street -- who observers say welcomed Trump's proposed budget, his plan to cut taxes and his infrastructure plan -- are waiting to see whether the Republican leaders can muster the votes in the House or whether they will fail to pass the American Health Care Act.

Insiders say the vote is a bellwether test on Trump's ability to persuade lawmakers to pass a bill. 

Because of this, financial markets are watching closely, Reuters reports. 

Stock markets in the U.S. dropped on March 23 when Republicans postponed the vote. 

"Lawmakers will have to be accountable as to why they didn't vote to get rid of Obamacare when they had the chance, and that chance is today," White House budget director Mick Mulvaney said on CBS program "This Morning."

Democrats are not breaking ranks and many Republicans have signaled they will not support the AHCA, despite the House GOP leadership conceding changes to the controversial bill, which has been dubbed "Trumpcare."

As many as 35 Republicans have held firm in their opposition and will vote against the bill. If all members of the House vote, Republicans can only afford to lose the votes of 21 GOP House members.

Sources: The Washington Times, Reuters via AOL / Photo credit: Elliot P./Wikimedia Commons

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