President Trump is threatening to cut off critical Obamacare payments to insurers unless Democrats come to the table to negotiate a new health care bill, taking a tough negotiating stance that could force Democratic leaders into a government shutdown by month’s end.
At stake are “cost sharing” payments that Obamacare backers say are supposed to be made to insurance companies to cover their losses from low-income customers.
A federal court has invalidated the payments, saying the Obama administration spent the money even though Congress specifically stripped the funds from its annual spending bills.
The government is still making the payments pending an appeal of the case, but Mr. Trump hinted last week that he would halt the payments himself, forcing Obamacare into a quick death unless Democrats agree to negotiate over major changes to the Affordable Care Act.
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4 comments:
Pull the plug on this failed policy! This was a backroom deal Obama made to get insurance companies to agree to participate in Obamacare. And those who don't have insurance are having to pay penalties (fines) for not participating, which the Supreme Court deemed unconstitutional. They called it a "tax" and got away with it. But it's a FINE for not buying insurance and that is illegal. The sooner Obamacare fails the better.
I have no comment. There is nothing of sense to comment on here.
good job.....MY PRESIDENT TRUMP
Please do away with obamacare. If you don't want insurance, no problem. No insurance = no treatment without ability to pay for it. As a republican, I am all for personal responsibility. Either have insurance or be able to pay the bill. No money, no service at hospital or doctor's office.
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