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GOP, Trump team planning repeal of Obamacare, crippling regulations

Majority Republicans in Congress say they plan to hit the ground running when lawmakers  convene this month, setting their sites on repealing major swaths of President Obama’s legislative achievements.

Tops on that list is a repeal of Obamacare, which has been in GOP crosshairs since the law was passed without a single Republican vote in 2010. But also, The Associated Press reports, Republicans are looking at major tax reform, rolling back Obama’s stifling and expensive environmental regulations, and other conservative priorities.

At the same time, the Trump transition team has already begun examining a slew of Obama executive orders and other regulations that the president-elect is expected to roll back once he takes office.

The Hill reported Saturday:

President-elect Donald Trump is stocking his administration with businessmen and regulatory reformers who are intent on cutting through what they see as red tape from Washington.

Carl Icahn, the billionaire investor, will oversee the Trump administration’s regulatory reform efforts. He will be joined by several other Wall Street investors and corporate executives who have first-hand experience dealing with government rules. 

“Under President Obama, America’s business owners have been crippled by over $1 trillion in new regulations,” Icahn said in a statement issued by the Trump transition team. “It’s time to break free of excessive regulation and let our entrepreneurs do what they do best: create jobs and support communities.”

Many of Trump’s picks for Cabinet positions are reformers themselves, aiming to help curtail and cut the power and regulatory reach of the very agencies they are being tasked to run.

It’s likely that Obama, with help from the ‘mainstream’ media, will publicly criticize every piece of legislation, as well as every rule and regulation, the Trump administration repeals or rolls back, as he says he plans to remain politically active once he leaves the White House. He also plans to remain in Washington, D.C., which is also highly unusual for ex-presidents.

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