Politico says that their sources indicate Trump is going to scrap Obamacare subsidies – and that will almost certainly kill the program off.
President Donald Trump plans to cut off critical subsidy payments to insurers selling Obamacare coverage, according to two people familiar with the matter.
The decision to end the payments, worth an estimated $7 billion this year, marks Trump’s most aggressive move yet to dismantle Obamacare after months of failed GOP repeal efforts on Capitol Hill. The move is likely to draw lawsuits and may put pressure on Congress to appropriate funding for the subsidies, which help insurers reduce out-of-pocket costs for low-income Obamacare customers.
Wow. Liberals are going to freak out over this, and they’ll say that Trump killed Obamacare, not that it imploded on its own. At this point, what difference does it make? LOL!
HE DID IT IT!!!
BREAKING: White House says it cannot lawfully pay subsidies to health insurance companies under President Obama's health care law.— The Associated Press (@AP) October 13, 2017
The White House confirms it is ending the cost-sharing subsidy payments for ACA insurers that were designed to keep premiums low. pic.twitter.com/zj5qBW19xD— Kyle Griffin (@kylegriffin1) October 13, 2017