Paul Ryan's Budget Repeals Obamacare

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The Daily Banter Headline Grab from TPM:

Rep. Paul Ryan (R-WI) said Sunday that the budget he will introduce next week repeals health care reform because that under 'Obamacare,' "we think it's going to look very ugly over the next couple of years."

Appearing on "Fox News Sunday," Ryan explained that his budget is based on the assumption of repealing 'Obamacare' and replacing it with a new system. His budget also reforms Medicare for those currently under 55 years of age.

"Are you saying, as part of your budget you assume the repeal of ObamaCare?," host Chris Wallace asked.

"Yes," said Ryan.

"Well, that's not going to happen," Wallace said.