White House says it can't lawfully pay Obamacare subsidies
Friday, 13 October 2017 () WASHINGTON (Reuters) - President Donald Trump will stop payments worth billions of dollars to health insurers to subsidize low-income Americans, the White House said on Thursday, a move health insurers have warned will cause chaos in insurance markets and a spike in premiums.
Middle-class Americans' incomes would eventually rise more than $4,000 if corporate tax cuts were enacted, the Trump administration said in an analysis released on Monday to counter Democratic criticisms that its tax proposals overwhelmingly benefit the rich.
Yesterday, President Donald Trump signed an executive order halting cost-sharing reduction payments intended to help low-income Americans get healthcare. The... Gothamist - USAlso reported by •NPR •RTTNews
To the editor: It has to be abundantly clear to even the most naive of observers that the raison d'etre of this pretender in the White House is to undo... L.A. Times - AmericasAlso reported by •RTTNews •Reuters India