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GOP cancels health care vote as House Republicans balk
House Speaker Paul Ryan called off the vote after meeting with President Donald Trump at the White House
Republicans scrapped a vote on the embattled health-care bill Friday as a growing number of Republicans declared they opposed the latest version just a day after President Donald Trump demanded a do-or-die vote on the longtime GOP priority.
House Speaker Paul Ryan called off the vote after meeting with the president at the White House, according to a senior leadership aide and one Republican lawmaker. They spoke again by phone right before canceling the vote.
The move is an embarrassing setback that casts doubt on Trump and Ryan’s ability to deliver on their ambitious agenda, including taxes and infrastructure, both of which are being closely watched by Wall Street.
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Ryan is scheduled to speak to reporters at 4 p.m. Washington time. Ryan declined to comment as he headed into a conference meeting.
The Standard & Poor’s 500 Index spiked on the news, reversing losses from earlier in the day, and was up 0.1% at 3:43 p.m. in New York.
Trump himself had waded into the legislative weeds to fight for the bill, meeting with scores of lawmakers and traveling to Capitol Hill on Tuesday to address the full House Republican conference. The president "left everything on the field," according to spokesman Sean Spicer.
Top Trump aides told House Republicans Thursday night that the president had run out of patience: he wanted a vote Friday, win or lose, even if that meant leaving Obamacare in place