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Rand Paul wants to repeal and replace Obamacare immediately
Sen. Rand Paul, R-Ky., arrives for a caucus organizing meeting to elect their leadership for the 115th Congress, Wednesday, Nov. 16, 2016, on Capitol Hill in Washington. (AP Photo/Alex Brandon)

Rand Paul wants to repeal and replace Obamacare immediately

"Congress will, as its first course of action, vote to repeal Obamacare. It cannot happen soon enough," writes Kentucky Senator Rand Paul in an article at Rare.

The libertarian leaning senator has been in the media quite a bit lately talking about what's going to happen in the first few weeks of the Trump administration. To say the least, he's been itching t0 replace some of the policies and executive orders the Obama administration has hoisted upon America. This definitely includes the Affordable Care Act.

Paul already has some ideas on how to replace Obamacare, and his suggesting is "perhaps we should try freedom."

1.  The freedom to choose inexpensive insurance free of government dictates.

2.  The freedom to save unlimited amounts in a health savings account.

3. The freedom to buy insurance across state lines.

4.  The freedom for all individuals to join together in voluntary associations to gain the leverage of being part of a large insurance pool.

In short: Let the free market work.

As gung-ho as Paul is to replace Obamacare, he believes it should be replaced as quickly as possible, much in the way of the Indiana Jones pouch swap.

If Congress fails to vote on a replacement at the same time as repeal, the repealers risk assuming the blame for the continued unraveling of Obamacare. For mark my words, Obamacare will continue to unravel and wreak havoc for years to come.

Interestingly enough, House Minority Leader Nancy Pelosi (D-Calif) said something similar, but with more ire directed toward Republicans than anything. During a Democratic conference call, Pelosi said that if Republicans break Obamacare, they own it. Paul is giving a homogenous warning, saying that if the GOP doesn't swap out a working model with the problems left behind by the Democrats, they run the risk of having the blame put on them by the public, despite it not being their creation.

As unfair as many would view this, Paul is correct.

"Don’t misunderstand me," continues Paul in his article. "We should repeal Obamacare, but partial repeal will only accelerate the current chaos and may eventually lead to calls for a taxpayer bailout of insurance companies."

"Obamacare required the brute force of government through the individual mandate to make people buy insurance," writes Paul. "If you repeal this mandate but leave in place dictates as to whom may purchase insurance,  you create a business model doomed to fail."

 

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