Romney Vows To Repeal And Replace Health Law

Romney Vows To Repeal And Replace Health Law

Health care was not featured in the Republican presidential nominee's acceptance speech, but former Massachusetts Gov. Mitt Romney repeated his pledge to repeal or replace the incumbent's signature legislative achievement.

A transcript follows.

MITT ROMNEY: His $716 billion cut to Medicare to finance Obamacare will both hurt today's seniors and depress innovation and jobs in medicine.

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And it means that we must rein in the skyrocketing costs of health care by repealing and replacing Obamacare.

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As president, I'll protect the sanctity of life. I'll honor the institution of marriage. And I will guarantee America's first liberty: the freedom of religion.

Aug 31, 2012