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Trump transition: Even after Obamacare repeal, current plans will be grandfathered for 2 years

Source: cnbc.com - Jan 4, 2017

The House is prepared to deliver on two of Donald Trump's campaign promises — repealing Obamacare and cutting taxes — within the first six months of his presidency, the congressional liaison for the transition team told CNBC on Wednesday.

Rep. Chris Collins, R-N.Y., said he expects to put a bill to repeal the Affordable Care Act on Trump's desk by the end of next month.

"We're going to [vote to] repeal it, much like we did six months ago. Obviously, we put it on Obama's desk. He vetoed that, fully expected. But this time, when it goes on President Trump's desk, he's indicated he's absolutely going to sign off," Collins said on "Squawk Box."

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Category: General Business