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March 12, 2014 AT 12:57 PM
U.S. House Republicans said on Wednesday that they are pushing a plan to delay for five years the penalties for failing to buy health insurance under Obamacare, and to use the savings to spare doctors from a steep cut in Medicare payments. The Republicans say, citing Congressional Budget Office estimates, that delaying the financial penalty for not signing up for health insurance until 2019 would slow down Obamacare signups, and save the government billions of dollars that would otherwise be paid out in taxpayer subsidies to enrollees.