Gingrich on Obama’s healthcare law: ‘About 300 pages are pretty good’

Former House Speaker Newt Gingrich (R-Ga.) called for an immediate repeal of President Obama's healthcare law but would reinstate "a little over 10 percent" of it.

He made the remarks on Thursday in Iowa, when he introduced a new version of his "Contract with America."

Gingrich, a candidate for the Republican presidential nomination, listed "Repeal ObamaCare" as the first of his 10 part contract.

"The reason you have to repeal it is it's a 2,700-page document," Gingrich said. "You can't repeal part of it, because candidly you can't trust the staffs to tell you which part you ought to repeal."

But the former Speaker stressed that he had a "common-sense replacement" for the nation's healthcare system, and that some of that comes from the law he wants repealed.

"Now there are about 300 pages that are pretty good, a little over 10 percent, but they should be part of the replace document," Gingrich said.

Read more about Gingrich's new "Contract with America."