Capitol Hill Happenings: Today in Congress

They've handled repeal now they'll deal with replace.

House Republicans will present a resolution on the floor Thursday to instruct "certain committees" to come up with an alternative health care overhaul plan. A vote on the resolution is scheduled around noon.

Like the repeal bill passed Wednesday, any House alternative to the health care law is unlikely to get a vote in the Democratically-controlled Senate.

Democrats and Republicans hold a host of press conferences on the next step in the health care debate.

The Congressional Pro-Life Caucus plans to speak at 10:30 a.m. ET on the need to prevent federal funds in the health care law from paying for abortions. House Speaker John Boehner, R-Ohio, and Eric Cantor, R-Va., along with Rep. Chris Smith, R-N.J., discuss the introduction of the "No Taxpayer Funding for Abortion Act" at an 11:15 a.m. ET media availability.

The House tax writing committee holds a hearing on the current structure of the federal income tax system at 9:00 a.m. ET. Political handicappers predict that a reform of the tax system may be an area where a divided Congress can reach a bipartisan consensus.

Hu is on the Hill. Chinese President Hu Jintao continues his state visit with a trip to the Capitol to meet with House and Senate leadership in the morning.

Fifty years ago today, John Fitzgerald Kennedy took the oath of office and became our 35th president. It was during his inaugural address that he urged Americans to "Ask not what your country can do for you; ask what you can do for your country." Congressional leadership, along with Vice President Biden, will attend a tribute honoring Kennedy's legacy in the Capitol Rotunda at 12:00 p.m. ET.

After the final vote of the day, House Democrats depart by bus for their issues retreat on the Eastern Shore of Maryland. President Obama will speak to the caucus on Friday.

We'll be covering all these stories and more, so stay with Fox News for the latest.