Fin - Daily Ticker - US

Rep. Michele Bachmann May Run for President to Repeal “Obamacare

Daily Ticker

Javascript is needed to play this video

Representative Michele Bachmann (R-Minn.) tell Tech Ticker she's currently exploring whether to run for President. If she does, the Tea Party favorite will run on an "appeal Obamacare" platform.

Speaking from the Hill Thursday, the Tea Party favorite from Minnesota told Aaron Task she blames the President's healthcare bill for many of the country's problems - everything from the budget deficit to the sluggish job recovery.   "Businesses are not hiring right now," she said, "in many ways this has to do with Obamacare."

(The unemployment rate fell in February to 8.9%, close to a 2-year low.  Non-farm payrolls in February grew by close to 200,000 with the private sector adding 222,000 jobs.  There's still room for improvement but the trend is heading in the right direction.)

Bachmann also calls President's endorsement of state's right to opt out of the government's healthcare bill starting in 2014 a "fraud" and a "sham."  Under the terms proposed, the President is really backing a government run healthcare system at the state level, she argues. "Essentially what he saying is that states would have to adopt a 'single payer plan'."

To Bachmann's point, the state's plan would have to provide coverage that is at least as comprehensive and affordable as the national plan.

Meanwhile, the Florida judge who recently ruled the federal healthcare law unconstitutional, cleared the way - temporarily - for the implementation of the law. U.S. District Judge Roger Vinson put his ruling on hold Thursday, under the condition the White House file its appeal to his ruling in the next seven days.  This would clear the way for a potential Supreme Court hearing.

See Also: Michele Bachmann vs. Barney Frank: Reps. Square Off on Budget, Obamacare

Rates

View Comments