Never mind that Congress is the only authority that can do this. Secondly, though Congress can cause problems in its implementation in other ways, it would be tough to repeal entirely, because 60 Senate votes would be required.
Many say this could be circumvented by using budget reconciliation, because the bill was enacted that way. The bottom line is that though a plan has been outlined by which a repeal could be done, what are the odds?
Vegas is pretty good at this and could probably do better than me, but since they don't release gambling odds on political promises, I'd put the likelihood of repeal through reconciliation at 10% or less. Speaking of which, if you like to gamble on political outcomes, there are much easier ways of doing so, as many of our Congressional leaders have so recently and pathetically demonstrated.
But back to the subject at hand.
So I'm predicting they'll try to repeal, but they won't try very hard. What's easier? Repealing and replacing the ACA with something else, or making a halfhearted attempt at repeal so that you can still blame Democrats wherever the law screws up? I think you know the answer.
We already know how the majority of you feel through our surveys, in which only 41% of you said you wanted the law repealed. Because its provisions so drastically affect the way you run your business, you've likely been up to your ears in leadership—and financial—issues that stem from both the Act and a few other government regulations you have to comply with in a very short time, such as ICD-10 and the HITECH Act.