Trump Kills Obamacare; Taunts Democrats From Twitter.
President Trump announced his administration would “immediately” halt payments to insurers under ObamaCare, with Democrats claiming the move will “break” insurance markets.
"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.
He added, "ObamaCare is a broken mess. Piece by piece we will now begin the process of giving America the great HealthCare it deserves!"
The Justice Department took swift action, notifying a federal appeals court in Washington, D.C., in connection with a related lawsuit that an upcoming Oct. 18 payment “will not occur.”
Senate Minority Leader Chuck Schumer and House Minority Leader Nancy Pelosi – the top two congressional Democrats – blasted the move, in the latest indication that their political dalliance with the president on immigration and budget issues is over for now.
“Sadly, instead of working to lower health costs for Americans, it seems President Trump will singlehandedly hike Americans’ health premiums,” they said in a written statement. “It is a spiteful act of vast, pointless sabotage leveled at working families and the middle class in every corner of America. Make no mistake about it, Trump will try to blame the Affordable Care Act, but this will fall on his back and he will pay the price for it.”
Sen. Dianne Feinstein, D-Calif., who is running for reelection, said without congressional action, Trump’s “decision to stop reimbursing insurance companies for the cost of reducing co-pays for low-income enrollees will break individual insurance markets across the country.”
It's also worth noting that last week Trump reached out to Senate minority leader Chuck Schumer in an attempt to get bipartisan support for repeal and replace. When Schumer said fixing Obamacare was the only option on the table Trump pulled the plug. From the outside looking in it appears Trump is more interested in a political victory, and salvaging his, GOP inherited, promise to Americans that Obamacare would be repealed and replaced than actually ensuring Americans have access to low-cost health insurance - as this move will almost certainly hurt Americans relying on Obamacare for their insurance. Trump doesn't care what form health care takes in America, only that he gets to call it a win by repealing Obamacare - whether that comes from bipartisan action or derailing the system in its entirety.