In first day executive order, President Trump takes aim at Obamacare

Issuing his first executive order just hours after being sworn into office, President Donald Trump on Friday ordered federal agencies to ease "unwarranted economic and regulatory burdens" of Obamacare, as he again declared his desire to unravel his predecessor's main legislative achievement.

With Vice President Mike Pence, White House Chief of Staff Reince Priebus, and other top aides looking on in the Oval Office, President Trump signed a document that was very clear in its intent when it comes to the Obama health law - he wants it repealed - but in the meantime, he will ask federal officials to use their authority to make unilateral changes.

The executive order allows federal agencies to "waive, defer, grant exemptions from, or delay the implementation of any provision" dealing with Obamacare, if it imposes a "fiscal burden" - including the tax penalty that hits Americans who do not buy health insurance.

So what does it mean?


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