Trump Creates Doubt Over Deal to Shore Up Obamacare Exchanges
Bloomberg) -- President Donald Trump created doubt and confusion Wednesday about a bipartisan deal to prop up Obamacare exchanges, saying on Twitter that he wont support "bailing out" insurance companies that have profited from the health-care legislation.
As soon as the deal was announced Tuesday, the Trump administration was sending conflicting signals about the pact reached by Republican Senator Lamar Alexander of Tennessee and Democrat Patty Murray of Washington, which also faces ambivalence from some Republican senators and outright hostility from many House Republicans.
His Wednesday tweet added to the uncertainty: I am supportive of Lamar as a person & also of the process, but I can never support bailing out ins cos who have made a fortune w/ OCare. He didnt specifically say whether he opposes the legislation or whether he considers it a bailout of insurers.
Coming days after a decision by Trump to scrap subsidy payments to Obamacare insurers, the deal is likely the only Obamacare legislation with a chance of passing Congress this year. It could help stem a flight by major insurers out of the individual insurance market in many states, with Americans due to begin signing up for 2018 coverage in two weeks.
But even though a number of Republicans are eager to prevent a collapse of the individual health insurance market, opposition from Trump would likely doom the measure.
https://www.msn.com/en-us/news/politics/trump-creates-doubt-over-deal-to-shore-up-obamacare-exchanges/ar-AAtFr0j?li=BBnb7Kz&ocid=edgsp
You broke it you bought it dumbass.