*By Michael Teich*
Republicans are struggling to renege on a long-standing pledge they will likely not be able to honor ー the promise to repeal Obamacare.
"They can't walk away from a promise they've made for eight years," Politico reporter Adam Cancryn said Tuesday in an interview on Cheddar. Repealing Obamacare "would be even more difficult than it was last year," he added.
While Cancryn thinks it will be "a major shock at this point" if Republicans maintain control of both the House and Senate, Senate Majority Leader Mitch McConnell has hinted that the party would consider an attempt to dismantle the Affordable Care Act if it manages to thwart a "blue wave."
Although the right failed to repeal Obamacare last year, their efforts to end the program were not penalized ー so they may try their luck again, Cancryn said.
"There may be a feeling that if we didn't pay for it the first time, then there's no real harm in taking another shot."
Even if Republicans were to successfully repeal Obamacare, the party is far from finding a solution to replace it, Cancryn added.
"There's no viable Republican health plan going forward."
For full interview [click here](https://cheddar.com/videos/how-the-midterm-elections-could-shape-the-future-of-healthcare-in-america).
Mark Meadows, Donald Trump’s former chief of staff, is cooperating with a House panel investigating the Jan. 6 Capitol insurrection.
The wife of Mexican drug kingpin Joaquin “El Chapo” Guzman was sentenced Tuesday to three years in prison after pleading guilty to helping her husband run his multibillion-dollar criminal empire.
President Joe Biden is urging Americans to get vaccinated, including booster shots, as he seeks to quell concerns over the newly identified coronavirus variant named omicron.
The Treasury Department pushed for the requirement to help close the tax gap in the crypto industry by forcing better IRS reporting, but legislators on both sides of the aisle argue that the language is too broad and could curb innovation in the space.
The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year’s coronavirus recession.
Federal officials said Monday they are seeking more than $160,000 in fines from eight airline passengers over incidents involving alcohol.
President Joe Biden is ordering a record-setting 50 million barrels of oil released from America's strategic reserve to help bring down energy costs.
El Salvador President Nayib Bukele says his government will build an oceanside “Bitcoin City” at the base of a volcano.
President Joe Biden announced he’s nominating Jerome Powell for a second term as Federal Reserve chair, endorsing Powell’s stewardship of the economy through a brutal pandemic recession.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
