Politics Trump tweets about Obamacare 'imploding' after decision to halt subsidies

17:06  13 october  2017
17:06  13 october  2017 Source:   CBS News

Trump to halt 'massive' ObamaCare subsidies; legal fight likely

  Trump to halt 'massive' ObamaCare subsidies; legal fight likely President Trump plans to halt payments to insurers under the Affordable Care Act "immediately," in a major blow to ObamaCare that is likely to draw a legal challenge.  The president, though, used the overnight decision to up pressure on Democrats to negotiate a "fix" to the "imploding" health care law. "The Democrats ObamaCare is imploding. Massive subsidy payments to their pet insurance companies has stopped. Dems should call me to fix!" he said in a pre-dawn tweet on Friday.

Joe Scarborough leaves the Republican Party. Politics. Trump tweets about Obamacare " imploding " after decision to halt subsidies . Politics. Trump administration ending Obamacare cost-sharing subsidies .

Trump stands ready to end required payments to insurers this week to let " Obamacare implode " and force congressional action."The president will "He's going to make that decision this week, and that's a decision that only he can make Trump tweeted . The subsidies , totaling about billion a year

President Trump said on Friday that Democrats should call him after his decision to stop Obamacare subsidies to insurance companies because he said the health care law is "imploding."

Mr. Trump made the comment early Friday on Twitter, after announcing that he's halting the cost-sharing reduction (CSR) payments on Thursday night.

The president later added that "piece by piece" his administration or Republicans would give Americans the health care "it deserves."

"Based on guidance from the Department of Justice, the Department of Health and Human Services has concluded that there is no appropriation for cost-sharing reduction payments to insurance companies under Obamacare," the White House said in a statement Thursday night. "In light of this analysis, the government cannot lawfully make the cost-sharing reduction payments."

These payments are made to health insurers to help low-income people enrolled under the health care law with out-of-pocket expenses. The nonpartisan Congressional Budget Office (CBO) projected in August that cutting off the payments would result in premiums going up 20 percent next year and the federal deficit growing by $194 billion over a decade.

Earlier in the day Thursday, the president signed an executive order aimed at beginning to dismantle the 2010 health care law.

Congressional Republicans failed this year to repeal Obamacare because proposals lacked enough GOP support in the Senate.

What to know about Trump's decision to halt Obamacare subsidies .
The White House abruptly announced late Thursday that it would halt CSR payments, which help lower-income people afford health insuranceAccording to President Trump, Democrats and Republicans are already working together on a short-term solution in response to his decision last week to cut off cost-sharing reduction (CSR) payments under Obamacare.

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