House Votes 244-185 to Repeal Obamacare Staff | July 11, 2012 | 4:11pm EDT
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House Speaker John Boehner and House Majority Leader Eric Cantor (AP Photo)

( - The U.S. House of Representatives voted 244-185 on Wednesday afternoon to repeal Obamacare.

The bill would only become law if approved by the Senate and signed by President Barack Obama. The House of Representatives has a Republican majority and the Senate has a Democratic majority.

House Majority Leader Eric Cantor (R.-Va.) sponsored the repeal bill, H.R. 6079.

The bill was prefaced with 10 "findings" to make the case for repeal of Obamacare.

One of these findings argued that Obamacare raised taxes on Americans earning less than $250,000 per year.

"The law imposes 21 new or higher taxes on American families and businesses, including 12 taxes on families making less than $250,000 a year," said the findings.

Another finding argued that the administration had already issued 13,000 pages of regulations under Obamacare.

"The law and the more than 13,000 pages of related regulations issued before July 11, 2012, are causing great uncertainty, slowing economic growth and limiting hiring opportunities for approximately 13 million Americans searching for work," said the bill. "Imposing higher costs on business will lead to lower wages, fewer workers, or both."

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