CBO: Trump Threat To Cut Obamacare Subsidies Would Raise Premiums 25%

[deminks]

http://talkingpointsmemo.com/livewire/trump-csrs-cbo-study-2

The non-partisan Congressional Budget Office released a report on Tuesday evaluating the potential impact of the Trump administration making good on a repeated threat to cut off Obamacare’s cost-sharing reduction (CSR) payments to insurers.

The CBO found that the move would cause premiums for people whose care is supported by the payments to climb 20 percent higher by 2018 and 25 percent higher by 2020. They also estimate that the move would increase the federal deficit by $194 billion dollars by 2026, and it would lead to 5 percent of the U.S. population having no access to a non-group insurer.

(end snip)

[BigmanPigman]

1. This is his revenge plan. All done because he is mean and spiteful. I HATE HIM!

[flamingdem]

2. Wait until his base

gets the bill!

[procon]

3. This is Trump's idea of a 'great plan':

"Federal deficits would increase by $6 billion in 2018, $21 billion in 2020, and $26 billion in 2026..."

[Yo_Mama_Been_Loggin]

4. You break you wear it Trump