(CBS News) Below is a rush transcript of "Face the Nation" on July 1, 2012, hosted by CBS News White House correspondent Norah O'Donnell in for Bob Schieffer. Guests include: House Speaker John Boehner; Senators Charles Schumer, D-N.Y., and Tom Coburn, R-Okla.; Wisconsin Governor Scott Walker; Maryland Governor Martin O'Malley; and a roundtable with Major Garrett, Jonathan Martin and CBS News' Jan Crawford and John Dickerson.
NORAH O'DONNELL: Today on FACE THE NATION, the Supreme Court upholds the President's signature health care law. The White House says the reforms are working but critics say the fight's just begun.
PRESIDENT BARACK OBAMA: It's time for us to move forward to implement and, where necessary, improve on this law.
MITT ROMNEY: If we want to get rid of Obamacare, we're going to have to replace President Obama.
NORAH O'DONNELL: We'll get reaction from the top Republican in the land, House Speaker John Boehner.
REPRESENTATIVE JOHN BOEHNER (House Speaker): This has to be ripped out by its roots. This is government taking over the entire health insurance industry. The American people do not want to go down this path.
NORAH O'DONNELL: And he says the House will push for repeal yet again.
REPRESENTATIVE JOHN BOEHNER: We will not flinch from our resolve to get-- to make sure this law is repealed in its entirety.
NORAH O'DONNELL: For reaction from both sides we'll hear from two top Senators Democrat Chuck Schumer and Republican budget hawk Tom Coburn. What does it mean for the states? We'll get the governors' perspective from Democrat Martin O'Malley of Maryland and Republican Scott Walker of Wisconsin. And how will the decision play out on the campaign trail? We'll ask our political round-table--John Harris of Politico, Major Garrett of National Journal and our own Jan Crawford and John Dickerson--the Supreme Court's ruling and what it means for you--
NORAH O'DONNELL: --because this is FACE THE NATION.
ANNOUNCER: And now from CBS News in Washington, FACE THE NATION with Bob Schieffer, substituting for Bob Schieffer, CBS News chief White House correspondent Norah O'Donnell.
NORAH O'DONNELL: Good morning again.
The big news came this week when the Supreme Court decided to uphold the President's signature achievement, his Affordable Care Act, including its most controversial element, the individual mandate, which requires people to buy health insurance or pay a penalty. We're joined now by the speaker of the House, John Boehner. Mister Speaker, thank you for joining us.
REPRESENTATIVE JOHN BOEHNER (Speaker of The House): Good morning.
NORAH O'DONNELL: Were you surprised by the Supreme Court's decision?
REPRESENTATIVE JOHN BOEHNER: I was. The idea that the federal government can mandate that the American people purchase a product is shocking to me. But they made their-- their decision. I respect their ability to make that decision. But all it really does is strengthen my resolve and resolve of Republicans here in Washington to repeal this awful law, which is increasing the cost of health insurance for the American people and making it harder for small businesses to hire new workers.
NORAH O'DONNELL: The House has already voted some thirty times to repeal or defund this law. What's one more time going to do?
REPRESENTATIVE JOHN BOEHNER: And we're going to do it one more time.
NORAH O'DONNELL: What's the point?
REPRESENTATIVE JOHN BOEHNER: It's-- we want to show people we are resolved to get rid of this.
NORAH O'DONNELL: You don't think after thirty times they think you're resolved?
REPRESENTATIVE JOHN BOEHNER This law-- this law will bankrupt our nation and put the government in charge of everyone's health care. This is the wrong direction. And while the court upheld it as constitutional, they certainly didn't say that it was a good law. This-- this law is-- is making it much more difficult for workers to get jobs. It's raising the cost of health insurance for the American people. Republicans believe in a common-sense step-by-step approach that will lower health care cost and allow the American people to choose the health insurance they want, not the health insurance the government wants them to have.
NORAH O'DONNELL: Is there anything good in this law?
REPRESENTATIVE JOHN BOEHNER: Well, there's always going to be parts of it that are good. But when you look at the twenty-seven hundred pages that no one read and, uh, you know, remember Nancy Pelosi said, well, we have to pass this before we know what's in it. Republicans are not going to go down that path.
NORAH O'DONNELL: I asked ask you if there's anything good in it because I want to ask you about some of the specific provisions in the bill. Since you are going to be repealing it, are you willing to roll back the provisions that would provide free mammograms under Medicare?
REPRESENTATIVE JOHN BOEHNER: Listen, there are a lot of provisions that can be replaced. Remember, I said, we want to take a common-sense, step-by-step approach to replacing Obamacare.
NORAH O'DONNELL: Let's talk about what's specifically in this bill because there are a lot of protections for individuals.
REPRESENTATIVE JOHN BOEHNER: Of course, there are.
NORAH O'DONNELL: If you are under twenty-six years old, you are out of a job, you can stay on your parent's insurance. Do you support that?
REPRESENTATIVE JOHN BOEHNER: I do. And the health insurance industry has made that a practice within their industry.
NORAH O'DONNELL: What about it--
REPRESENTATIVE JOHN BOEHNER: They came out and made that statement a couple of weeks ago.
NORAH O'DONNELL: What about additional preventative care like for children, for instance, you don't have to pay a copay on immunizations?
REPRESENTATIVE JOHN BOEHNER: As I-- as I said Republicans believe in a common-sense, step-by-step approach to replacing this law. And all of those provisions, popular provisions, many of them very sound provisions can, in fact, be done in a common-sense way, but not in twenty-seven hundred pages that no one read.
NORAH O'DONNELL: What about preexisting conditions? What about the millions of Americans that have preexisting conditions and are discriminated against?
REPRESENTATIVE JOHN BOEHNER: We believe that the way it is done within Obamacare is-- is pushing the cost of health insurance for all Americans much too high. We believe that the state high-risk pools are a much more effective way to making sure that those with preexisting conditions have access to affordable health insurance.
NORAH O'DONNELL: But access to affordable health insurance, but you're not saying you would be for a law that would prevent discrimination of those individuals?
REPRESENTATIVE JOHN BOEHNER: No, we just believe there is a better way to make sure that they have affordable access to quality health insurance.
NORAH O'DONNELL: So when you repeal this, what are you going to replace it with?
REPRESENTATIVE JOHN BOEHNER: I just started pointing out. We're going take a common-sense, step-by-step approach that puts in place the kind of policies that will make our-- our health insurance system more what I call patient-centered and lower cost. The only proposal out there last year that would lower the cost of health insurance came from Republicans. Why? Because we've got policies that really will help bring down the cost of health insurance. It's clear that Obamacare is increasing the cost of health insurance for all Americans and making it virtually impossible for small employers to hire new workers.
NORAH O'DONNELL: How does it make it hard for small employers to hire more workers?
REPRESENTATIVE JOHN BOEHNER: Because they're being required to either provide health insurance or pay a fine. Well, I'm sorry, a tax. It's now a tax since the court said it was a tax.
NORAH O'DONNELL: Chief Justice John Roberts said it was a tax.