House Republicans Go Into Repeal Mode04:39
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House Speaker John Boehner of Ohio, right, accompanied by House Majority Leader Eric Cantor of Va., speaks to the media about repealing President Barack Obama's health care law on Capitol Hill in Washington. (AP)
House Speaker John Boehner of Ohio, right, accompanied by House Majority Leader Eric Cantor of Va., speaks to the media about repealing President Barack Obama's health care law on Capitol Hill in Washington. (AP)

Republican lawmakers in the House of Representatives today moved forward with plans to repeal health care reform. The Congressional Budget Office says repealing the massive overhaul would add $230 billion to the deficit, but GOP leaders say they doubt those figures.

After health care, Republicans plan to take aim at financial reform. Tea Party leader Michele Bachman (R-MN) likened the reform to a government power grab and says it hurts businesses. But any repeal passed in the House is unlikely to make it through the Democratic-controlled Senate. Donovan Slack of the Boston Globe joins us with a Washington update.

This segment aired on January 7, 2011.

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