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President Donald Trump announced he will negotiate with Democrats on health care in the wake of the Senate's most recent failure to repeal ObamaCare.

"From the Republican standpoint, we have the votes," Trump told reporters Wednesday before boarding Marine One for Indianapolis where he will give a speech on tax reform.

The Senate's latest bid to reform health care failed this week after at least four Republicans warned they were a "no" vote on the bill. The Senate canceled the effort when it became clear it would not pass by the Friday deadline.

One "yes" vote, Mississippi Republican Sen. Thad Cochran, is in the hospital in his home state and unable to vote, the president pointed out.

The health care vote will be delayed until January or February, he informed the media.

He said over the next several months, he will meet with Democrats to try and get a health care plan that's "even better," he said.

"We will do the block grants [to states]," the president stated, referring to a measure that would give health care dollars directly to states.

Trump said he does have confidence in Mitch McConnell despite earlier criticizing the Senate majority leader for failing to round up the votes to pass health care.

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