House Speaker Paul Ryan failed to garner enough votes in the Republican-controlled House of Representatives for the passage of the new healthcare bill to replace the Obamacare due to opposition from some of Trump's own party lawmakers, in particular the one that have grouped themselves under the banner of Freedom Caucus.
The US House of Representatives --- similar to the Lok Sabha of the Indian Parliament --- has 435 members. The Republican party enjoys a simple majority in the House with 235 members.
As a result, in an effort to avoid the humiliation of a defeat, Ryan announced that he was withdrawing the move to have a vote on Affordable Care Act (Obamacare).
Unlike India, US Congress does not have an anti-defection bill, as a result of which US lawmakers are free to exercise their right to vote on a bill as per their wish and not according to dictate of the party leadership.
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Blaming the opposition democrats for the failure, Trump today declared that Obamacare will fall apart and promised to develop a "great" new health care plan for Americans.
Trump yesterday expressed disappointment over the defeat of the bill and warned Americans that "bad things are going to happen".
He warned that now Obamacare is going to stay, people would see a sudden rise in their insurance premium.
"It's going to happen (explode). There's not much you can do about it. Bad things are going to happen. There's not much you can do to help it. I've been saying that for a year and a half. It's not sustainable. There's no way out," Trump told reporters at the White House after the bill was withdrawn.
"Going to see explosive premium increases and the deductibles are so high that no one is going to be able to use it," he said.
Having fought and won the presidential elections on the platform of repealing and replacing Obamacare, Trump said he honestly believe that the Democrats will come to the Republicans and say "let's get together and get a great health care bill or plan that's really great" for the people in this country.
Trump said he was very close to getting enough votes in the House, but fell short of 10-15 votes.
"We were very very close. It was a very tight margin. We had no Democratic support," the President said.
"I've been saying for the last year and a half that the best thing we could do, politically speaking, is let Obamacare explode. It's exploding right now," he said.
"We couldn't quite get there, we were a small number of votes short. There are many people who don't realise how good our bill was," he said adding that the people don't realise there were two legislative phases to go.
"When they all become, civilised and get together, and try to work out a great health care bill for the people of this country, we're open to it," he said.
Trump told reporters that he would now focus his attention on tax reforms.