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zerohedge.com / by Tyler Durden / Mar 24, 2017 3:40 PM
To summarize today’s latest Congressional rollercoaster, the pundits and the White House were wrong, and the online betting markets were right.
Following a day of drama in Congress yesterday, Friday was another nail-biter until the last moment, and after Trump’s Thursday ultimatum failed to yield more “yes” votes, the embattled bill seeking to replace major parts of Obamacare was yanked Friday from the floor of the House.
As a result, Trump suffered a second consecutive blow as opposition from within his own party forced Republican leaders to cancel a vote on healthcare reform for the second time, casting doubt on the president’s ability to deliver on other priorities.
The withdrawal pointed to Trump’s failure to charm republicans in the last minute, raising questions about whether he could unify Republicans behind his pro-growth legislative goals of tax reform and infrastructure spending.
NBC News reported that the President Donald Trump asked House Speaker Paul Ryan, R-Wisc., to pull the bill. A source told NBC that Ryan during visit to Trump at the White House earlier Friday afternoon had “pleaded to pull” the bill after telling the president that the GOP leaders had failed to convince enough House Republicans to support the bill.
President Trump just called me. Still on phone.
“We just pulled it,” he tells me.— Robert Costa (@costareports) March 24, 2017
The post In Stunning Defeat, House Republicans Abandon Obamacare Repeal Effort appeared first on Silver For The People.