HCR Update from Mark Sanna: President Obama's health-care overhaul law will be repealed by early 2013, according to Republican presidential hopeful Newt Gingrich. Gingrich, speaking Friday at the National Press Club said, even if Republicans can't repeal the law before 2014, the point at which the law becomes fully implemented, the former Speaker of the House said Republican leadership will be able to defund it.