President Trump’s latest threat to pull financing for ObamaCare has rattled Democrats and met GOP reluctance in Congress.When your scheme relies on federal government subsidies.....
Trump is openly pondering axing funding for ObamaCare subsidies – worth an estimated $7 billion a year—to get Democrats to the table to negotiate on a repeal and replacement plan.
Democrats balked at Trump’s attempts to end funding — known as Cost Sharing Reduction payments — as political blackmail.
“Withholding these payments is a blatant attempt to undermine the Affordable Care Act and manufacture a crisis,” said Rep. Joseph Crowley (D-Queens). “…Democrats will not be held hostage by President Trump’s petty partisan games.”
Thursday, April 13, 2017
Trump threatens to pull financing for ObamaCare
The New York Post reports:
