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October 15th, 2013
05:51 PM ET

Rep. Yoho 'can't support' House proposal

Tea party-backed Rep. Ted Yoho, (R) Florida, said he does not support a House deal that would reopen the government through December 15 and extend the nation's ability to borrow through February 7.

“Taking out the things that we originally wanted in there, no I can’t support that bill at this time,” Yoho told CNN’s Jake Tapper. Earlier Tuesday, a provision that would have suspended a tax on medical devices for two years was dropped from the proposal.

The new plan would also remove healthcare subsidies for the president, members of congress and their staff and forbid the Treasury from using "extraordinary measures" to avoid default.

Yoho said that he would be letting down his constituents if they didn't keep up the fight to dismantle the Affordable Care Act, President Barack Obama’s sweeping healthcare legislation.

"I ran on defunding, burying and getting rid of Obamacare ... a lot of the members of our house, of our conference, ran on the same thing. So for us not to speak up is not to speak up for the American people."

Yoho also underplayed the looming debt ceiling deadline Thursday, calling talk of the potential economic impact “media hype."

“You know, we hit the debt ceiling in 1985. We didn't raise the debt ceiling. We hit it and we didn't raise it for three and a half months. We're still here. We hit it again in 1995. For four and a half months, they didn't raise the debt ceiling. We survived that. We will survive this.”

Yoho continued: “This is - a lot of this is media hype. Of course, you had the market drop about 160 points today. Markets are super fluid. And I predict that if we get this under control and we're heading in the right direction, they'll rebound and they'll recapture the lost wealth they had and they'll recapture that, if we get this under control.”

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