Paul Ryan staked his political capital on passing Obamacare 2.0.

He tried to pass this scheme off as a “repeal” of Obamacare, but conservatives rose up in opposition.

And he ended up suffering the biggest defeat of his career.

Ryan’s legislation left the regulatory structure of Obamacare and its taxes in place.

Conservatives were furious.

After seven years of promising to repeal Obamacare, Donald Trump’s election presented Republicans with the golden opportunity to make good on their pledge.

But Ryan and other establishment Republicans got cold feet.

They hid behind the Senate parliamentarian – which has no real power – and claimed they couldn’t really repeal Obamacare 100% because the parliamentarian would overrule their bill.

This was bunk.

The parliamentarian can only advise.

The ruling is subject to the chair – which in this case would be Vice President Mike Pence.

But Ryan’s Obamacare legislation was in trouble from the start.

It wasn’t written with any input from conservatives and was kept hidden behind closed doors.

When the bill was unveiled, the Congressional Budget Office reported the bill would cause premiums to increase in 2018 to 2020 – when Republicans faced the voters in the midterms and when Donald Trump ran for re-election.

The opposition was massive.

From a policy perspective, this bill failed to live up to a complete repeal of Obamacare.

It also created practical and political problems by causing premiums to increase.

Had Ryan held a vote, his Obamacare 2.0 legislation would have been resoundingly defeated.

So Ryan met with Trump and agreed to pull the bill.

CNN reports:

“House Speaker Paul Ryan sensationally pulled his Obamacare repeal bill from the floor Friday afternoon, a day after President Donald Trump had threatened to walk away from health care reform if he didn’t get a vote…

… The failure of the GOP plan also puts Ryan in a much weakened political position, after being defied by his own conference, which seems just as unsuited to governing in the Trump era as it was when it was effectively a protest coalition under Obama.”

After Ryan’s failure, some conservatives speculated it might spell the end of Ryan as Speaker of the House.

Breitbart reports:

“Republican officials in Congress and the White House are now openly discussing finding a GOP replacement to Rep. Paul Ryan (R-WI) as Speaker of the House, after Ryan failed to pass the American Health Care Act out of the House and misled the public and President Donald Trump when he promised repeatedly the bill would pass…

… Many allies of the president and several White House officials over the weeks since have confirmed to Breitbart News that the president is concerned that Ryan may not have his—or his agenda’s—best interests at heart. Ryan’s failure to deliver the votes on healthcare cement Trump’s skepticism of Ryan, they say.

“This is another example of the staff not serving the president well and the weakness of the Paul Ryan speakership,” a source close to President Trump told Breitbart News. “This calls into question once again the speaker’s commitment to supporting Donald Trump and his agenda.”

“Speaker Ryan proved today that he does not have the best interests of the President at heart,” said another source close to the president. “He sold out the president and showed his word can be taken with a grain of salt. There is only one course of action that should be taken to move past this catastrophe and that is the swift removal of Paul Ryan from the speakership.”

White House sources tell Breitbart News that the president is very frustrated with Ryan and feels that he has saved him multiple times already. After the election in November, it was widely reported that there were enough Republican votes to remove Ryan as Speaker—and the only reason conservatives kept him is that Trump won the election and embraced Ryan. But now Trump may perceive Ryan as a burden rather than someone who can help enact his agenda.”

Are you happy Ryan’s Obamacare 2.0 legislation was defeated?

Do you think he should be replaced as Speaker?

Let us know what you think in the comments section.