Liberal group warns of major upheaval if Obamacare repealed

A liberal group cautioned Wednesday that repealing Obamacare without any replacement would cause major upheaval in the health insurance market and cause millions to lose their insurance.

The left-leaning think tank Center for American Progress, created by key Clinton adviser John Podesta, took aim at Republicans in what is likely to be a pitched battle over the future of President Obama's signature domestic achievement. The group said Wednesday that any effort by Republicans to repeal Obamacare and not install a replacement soon will destabilize markets.

"You want to break it? You are responsible," said Zeke Emanuel, senior fellow at the center in a call with reporters Tuesday.

President-elect Trump and GOP leaders have made repealing Obamacare a priority when they assume power in January. Congress can repeal the law by avoiding a filibuster in the Senate through a procedural move called reconciliation.

Trump has recently said that he plans to have a replacement plan ready for Obamacare ready to go when it is repealed. He said in a recent interview that there would be no gap between repealing the law and the new reforms.