President Donald Trump says he will allow the nation’s health care system to collapse in less than six months.
The White House on Tuesday outlined the plan to repeal and replace the Affordable Care Act, or ACA, with a single-payer system, with an emphasis on reducing costs and improving the health of Americans.
“We’re going to let Obamacare implode in six months,” Trump said during a news conference.
“We’ll let it collapse with us.
That’s going to be our plan.””
We are going to do something very dramatic,” he added, adding that the White House is not ready to say how it will do it yet.”
The only thing we’re going on is that we are going do something historic,” Trump continued.
“If we get a little more involved with our own country, and we can help out in a way that will make a difference and bring back prosperity to this country.”
The president made the remarks during a press briefing with reporters in the Oval Office.
He did not specify what the plan is for how much money will be spent on the health care overhaul, which would be funded by taxing and cutting taxes, rather than spending cuts and increased spending on Medicare and Medicaid.
While Republicans have been struggling to pass a bill to replace the ACA, Trump has said the country needs a single, universal health care plan that will protect all Americans.
The plan could be announced as early as Thursday, according to Axios.
It comes amid ongoing criticism of the GOP plan to overhaul the U.S. health care systems that are often referred to as the Affordable Health Care Act or Obamacare.
Democrats have also been critical of Trump’s plan, with the Congressional Black Caucus, among others, warning it could result in higher premiums and more doctors who will leave the profession.
A key point of contention has been whether to provide insurance for all people who are covered under Medicare, which covers many Americans, or whether to create a separate insurance pool for people with pre-existing conditions and those with preterm births.
Democrats, meanwhile, have pushed for the creation of a single payer system that would allow Americans to purchase private insurance through government insurance exchanges and then sell the insurance on the open market.
Trump has also promised to increase taxes on the wealthy, but has not laid out a plan on how to do so.
Trump said that he was in favor of a tax plan that would be revenue neutral, meaning that it would not increase the deficit, but that he will let the ACA collapse.
“You know, the people of this country are sick and tired of Obamacare,” he said.
“And the only way to save it is to do it tax-free.
That way, the rich can get away with it.”