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Caitlin Owens Feb 1, 2017
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GOP chairman ​says "bulk" of Obamacare replacement must happen this year

(Susan Walsh / AP)

House Ways and Means Chairman Kevin Brady says that while a lot of big decisions about Obamacare repeal and replace have yet to be made, the vast majority of legislative and regulatory changes need to be made this year to make sure the transition to a new health care system goes smoothly.

He's confident that the Republican approach will help lower health care costs. They're also looking into creating regional health plans and encouraging insurers to offer plans in every state. But among the several big decisions yet to be made are what to do about Obamacare's taxes and — relatedly — how to pay for the replacement, or the exact timetable for legislative action and implementation.

Here's a slightly condensed version of my interview on Tuesday.