Repealing Obamacare Is Really Just A Massive Tax Cut For The Wealthy (TWEETS/VIDEO)

Though House Speaker Paul Ryan claims that “things are only getting worse under Obamacare” and that “the American healthcare system has been ruined,” as of March 2016, the number of people in the United States without medical insurance stood at 8.6 percent, meaning that since 2010, 21.3 million gained health coverage.

However, the future looks fairly grim for this particular piece of legislation, given the determination on the part of Vice President-elect Mike Pence and Republicans in Congress to repeal it (see video below). On January 4, 2016, during a press conference on Capitol Hill in Washington D.C., Mike Pence declared:

“The American people voted decisively for a better future for health care in this country, and we are determined to give them that.”

That same day, President Obama visited Capitol Hill to make a defense of his signature health care law, urging his fellow Democrats not to help the Republicans pass replacement measures. Unfortunately, the Senate voted 51 to 48 to lay the groundwork for repealing the law by taking up a budget resolution to enable legislation that would strike down its major provisions.

Nonetheless, the Democrats steadfastly refused to take the matter lying down, and The New York Times reported their refusal to following expedited measures to dismantle Obamacare

Oddly, President-elect Donald Trump, known for repeatedly shifting his position on the Affordable Care Act, took to Twitter to caution the Republicans in Congress against being hasty in repealing the legislation.

Although the Republicans cherry-pick accounts of monthly premiums increasing under Obamacare and speak in horrified tones of a “government monopoly” on the health care industry, the truth of the matter is that they want to repeal the Affordable Care Act in order to cut taxes on the rich, and this legislation is the only thing standing in the way of a gargantuan windfall for the upper one percent. Considering that the difference between having healthcare and doing without is a life-or-death matter for many Americans, this motive is particularly callous, as that it essentially gives profit motives precedence over human health. Unfortunately, millions of their constituents – especially those among the working class and particularly those making less than $50,000 per year – will be the ones getting thrown under the bus, especially since the middle class will continue to be taxed out of existence.

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