Rokita says repeal of Obamacare is a priority - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
December 30, 2016 Newswires
Share
Share
Post
Email

Rokita says repeal of Obamacare is a priority

Herald Bulletin (Anderson, IN)

Dec. 30--CHESTERFIELD -- U.S. Rep. Todd Rokita said repeal of the Affordable Care Act is expected to be the first action taken by Congress and the administration of President Donald Trump.

Rokita, R-4th District, was in Chesterfield on Wednesday to meet with members of the local Experimental Aircraft Association and discussed the upcoming session of Congress.

"The first thing we're going to do is make good on the promise to repeal Obamacare (Affordable Care Act)," Rokita said. "As vice chair of the Budget Committee that bill will come straight through our committee and so I'm going to be in the cross-section of all that."

Rokita said President Trump and congressional Republicans also promised to replace it with something that is more market based. He said the repeal and the replacement legislation will not be done at the same time.

"I'm not sure when the changes will come, but repealing Obamacare will be the first order of business," he said. "That legislation won't have the replacement components in it because the way reconciliation works the parliamentarian wouldn't allow it to go into the same bill."

Rokita said there will be a time between the repeal and the replacement.

"It will be a phase out. No one is going to fall off a cliff and no one will be left behind," he said. "There will be a step down of it as we work to replace it."

Rokita said there will be parts of Obamacare that Republicans intend to keep like 26-year-olds remaining on their parents' health insurance policy and coverage of pre-existing conditions.

He said one of the worst provisions of Obamacare was reducing the full-time work week from 40 hours per week because it took away the incentive to work.

"There is dignity in working and incentives to work," Rokita said. "We now have a law that basically says the work week goes from 40 hours to 30. That will go out with Obamacare."

Concerning the growing national debt, Rokita said any new spending programs proposed by the Trump administration will have to be paid for.

"I'm excited to work with the new president and he's calling the tune," he said. "I'm willing to meet that agenda as long as the band is paid for. Just because there is a new administration doesn't mean that I'm going to stop caring about the debt."

Rokita said President-elect Trump is proposing spending $1 trillion on infrastructure and tax reform, but it all has to be paid for.

"I'm not intending to add to the debt that is increasing," he said. "Social Security, Medicare and Medicaid are really the drivers of lowering the debt.

"If you really want to start attacking the debt, that has to be in the mix," Rokita commented. "Two-thirds of our federal spending is on three programs and it's not the military and foreign aid."

He said the Trump administration has made no mention of reforming those programs.

"It's where the political rhetoric meets the fiscal reality and that will be up to the Budget Committee," Rokita said.

Follow Ken de la Bastide on Twitter @KendelaBastide, or call 640-4863.

___

(c)2016 The Herald Bulletin (Anderson, Ind.)

Visit The Herald Bulletin (Anderson, Ind.) at www.theheraldbulletin.com

Distributed by Tribune Content Agency, LLC.

Older

Grassley Marks Policy, Oversight Accomplishments in 114th Congress

Newer

BRIEF: Welltower completes sale of 28 facilities

Advisor News

  • Demonstrating the value of life insurance to Gen Z
  • Poor money habits are a dealbreaker in a new relationship
  • DC plan sponsors see opportunity in alternatives
  • The American Dream: Redefined as financial stability
  • Partial annuitization: How advisors can help clients balance income, growth
More Advisor News

Annuity News

  • CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
  • KBRA Assigns Rating to TruSpire Retirement Insurance Company
  • Partial annuitization: How advisors can help clients balance income, growth
More Annuity News

Health/Employee Benefits News

  • Copay assistance is meant to defray patient drug costs. Some insurers keep it instead
  • Amid claims of 'playing politics,' Auburn council amends city manager's contract
  • OCWNY to hold seminar for disability beneficiaries Friday
  • Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
  • Douglas Veterans Claims Clinic Connects Rural Veterans With Critical Services
More Health/Employee Benefits News

Life Insurance News

  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries
  • Trust, technology and the future of claims
  • New York Life Launches an Indemnity Benefit for its Asset Flex Long-Term Care Insurance Solution
  • AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet