Supreme Court Healthcare Decision Update: Mitt Romney Healthcare plan Must be Replaced

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In a public address on Thursday, Mitt Romney the Republican Presidential Nominee, said of the Supreme Court ruling on the Affordable Healthcare Act, "What the Court did not do on its last day in session, I will do on my first day if elected President of the United States. And that is I will act to repeal Obamacare," as reported on Wall Street Journal.

As expected the ruling will become a huge focal point of the G.O.P 2012 presidential run.

"Obamacare was bad policy yesterday. It's bad policy today. Obamacare was bad law yesterday. It's bad law today. Let me tell you why I say that. Obamacare raises taxes on the American people by approximately $500 billion. Obamacare is a job killer. Businesses across the country have been asked what the impact is of Obamacare... And perhaps most troubling of all, Obamacare puts the federal government between you and your doctor," Romney told the Wall Street Journal.

Romney said that if he became president that he would immediately introduce a bill that would allow states to opt out of the healthcare plan. The subject of healthcare will take center stage in the up-coming elections for both parties. Both parties are likely to use the court ruling to their advantage, the Democratic Party will use it as an obvious victory for the Obama administration, the G.O.P party will use it to convince unhappy Americans that their party will 'repeal and replace' the law.

The Supreme Court ruled Thursday to uphold the Affordable Healthcare Act as constitutional in a 5-4 vote.

The transcript of Romeny's speech can be read here.

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