Trump threatens to stop ObamaCare payments
Source: The Hill
BY NATHANIEL WEIXEL - 05/11/17 12:46 PM EDT
President Trump on Thursday threatened to withhold key payments to insurance companies made under ObamaCare, a move that could throw the market into chaos.
In an interview with The Economist, Trump said he would cut off the cost-sharing reductions (CSRs) payments that reimburse insurers for providing discounted out-of-pocket costs to help those with low incomes afford insurance.
"There is no Obamacare, its dead. Plus were subsidizing it and we dont have to subsidize it. You know if I ever stop wanting to pay the subsidies, which I will," Trump said. "Anytime I want."
Insurance companies rely on the payments, and many have said they will be forced to raise premiums or completely drop out of the ObamaCare marketplace if the payments don't continue.
Read more: http://thehill.com/policy/healthcare/332953-trump-threatens-to-stop-obamacare-payments
50 Shades Of Blue
(9,928 posts)geek tragedy
(68,868 posts)and experience extremely high stress and lack of sleep.
50 Shades Of Blue
(9,928 posts)Still In Wisconsin
(4,450 posts)IronLionZion
(45,380 posts)Every completely insane thing he has ever said, was done completely sober. It's scary
It must be keeping him alive. He doesn't lead a healthy life otherwise.
C_U_L8R
(44,990 posts)I can't think of anything else to call it.
Along with his fellow Republicans.
RKP5637
(67,088 posts)could somehow be done. He is mentally incompetent to hold office and has demonstrated that over and over again in many areas/situations.
The_Casual_Observer
(27,742 posts)How will fox news spin it?
pangaia
(24,324 posts)oh,, ok...
The_Casual_Observer
(27,742 posts)made over and over and over.
truthisfreedom
(23,140 posts)USA! USA! USA! USA!
NRaleighLiberal
(60,006 posts)dhill926
(16,314 posts)ME ME ME!!!! jesus christ, we're ruled by an infant...
Bengus81
(6,928 posts)Last edited Thu May 11, 2017, 05:58 PM - Edit history (1)
FUCK YOU asshat.............
LudwigPastorius
(9,110 posts)That is all.
Batship
(28 posts)... to anal cysts.
still_one
(92,061 posts)Bleacher Creature
(11,253 posts)My elementary school kids understand that, other than a formal veto, one person can't pick and choose what does or doesn't get funded.
Still In Wisconsin
(4,450 posts)Corgigal
(9,291 posts)Will come rolling closer to the station. Good way to burn your own supporters, idiot boy.
Stonepounder
(4,033 posts)I don't think that legally mandated payments can't be stopped on the whim of the President. Obamacare is not dead, it is still the law of the land, contrary to what shitgibbon thinks*. The House voted, the Senate took one look and refused to even consider the bill. So, no Senate passage and no Presidential signature.
He can threaten all he wants, but I don't think it is within his power. Any more than he could decide on a whim to stop payments of Social Security, or withhold the paychecks of certain FBI agents.
*Although 'Trump' and 'think' together in the same sentence is an oxymoron
BumRushDaShow
(128,514 posts)that this funding provision (called "cost-sharing reductions" is tied up in the courts with the GOP House claiming it was never appropriated and the now-former Obama administration claiming the appropriations were originally linked to the permanent appropriations that also dealt with the tax credits.
Maeve
(42,271 posts)I agree that 'think' is not a verb to use with this being.
PatSeg
(47,282 posts)More than usual, that is.
FairWinds
(1,717 posts)clearly impeachable.
In fact, just issuing the threat is impeachable.
Kablooie
(18,612 posts)No action will be taken to stop him.
ehrnst
(32,640 posts)jmowreader
(50,529 posts)The courts will overturn it in a New York second.
Grins
(7,199 posts)The House voted and sent it to the Senate for their approval/modification. Only if they agree and vote does it become law, you one neuron synapse short of a total delusion.
Thanks, Wharton. Just effing thanks.
Grins
(7,199 posts)Go ahead - make my day. Do it! Cut the money.
And then stand back and watch the royal shit-storm that will hit you far harder than the firing of Comey.
And such perfect justice for the Trump voters who use Medicaid, and Obamacare. I will take sadistic pleasure is watching them cough up their coal-blackened lungs when their disability checks stop coming.
To paraphrase Mencken, these "common people" knew what they wanted, voted for it - and "deserve to get it good and hard."
Bengus81
(6,928 posts)Bengus81
(6,928 posts)Think of the BILLIONS more you and your ilk could vote yourselves in a huggger tax cut.