President Trump threatens to drop defending insurance subsidies and allowing courts to dismantle them unless Democratic lawmakers come to the table and work with him on replacing Obamacare.
Not all subsidies would be affected if he follows through with his threat, only the “cost-sharing reductions” substitutes, that help people making less than 250 percent of the poverty line with co-pays, deductibles, and other out-of-pocket expenses not covered by insurance are in jeopardy.
However, according to some experts, the loss of these subsidies alone are expected to dismantle Obamacare.
According to PoliZette:
In the midst of what appears to be a political shift to the middle, President Donald Trump has at least one key campaign pledge he won’t shelf: the repeal of Obamacare.
Three weeks after Republican infighting killed an initial effort at repealing the Affordable Care Act, Trump is poised to use a maneuver that could effectively undermine the sustainability of Obamacare and expedite its collapse. On Wednesday, speaking to the Wall Street Journal, Trump threatened to withhold subsidies to insurers as a way to force Democrats to the negotiating table.
“What I think should happen — and will happen — is the Democrats will start calling me and negotiating.”
All Trump needs to do is pull federal attorneys off a case, and Obamacare could collapse.
That’s because Republicans in Congress sued the federal government in 2014 over subsidies to insurance companies. U.S. District Judge Rosemary Collyer last May declared those subsidies illegal because Congress never appropriated money for them.
But the administration of President Barack Obama was given time to appeal. The decision to continue the appeal is now in Trump’s court and he could easily tell federal lawyers to end the challenge.
Trump’s threat comes just several weeks after LifeZette explained on April 3 that Trump could effectively gut Obamacare, without involving Congress, by ending the appeal in court over subsidies for insurance companies.
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