President Donald Trump declared Monday that his predecessor Barack Obama\u2019s signature reform and expansion of the US health insurance system is defunct, after he cut subsidies to insurers.<\/p>\n
\u201cObamacare is finished. It\u2019s dead. It\u2019s gone,\u201d he told reporters.<\/p>\n
\u201cIt\u2019s gone. There is no such thing as Obamacare anymore. It is — and I said this years ago — it\u2019s a concept that couldn\u2019t have worked. In its best days it couldn\u2019t have worked.\u201d<\/p>\n
Since becoming president in January Trump has persistently sought to end Obama\u2019s Affordable Care Act, cutting back some government budgetary support and pressing Congress to repeal and replace it.<\/p>\n
The effort in Congress though has failed, last week forcing Trump to order an end to the \u201ccost-sharing reduction\u201d program, payments to insurers designed to help millions of lower income Americans afford coverage.<\/p>\n
\u201cI knocked out the CSRs; that was a subsidy to the insurance companies. That was a gift,\u201d Trump said.<\/p>\n
\u201cThe insurance companies have made an absolute fortune with Obamacare,\u201d he said.<\/p>\n
But he said that, to protect people who will lose their insurance, the White House is working with Congress for \u201csome kind of a short-term fix\u201d before coming up with a longer term plan.<\/p>\n","protected":false},"excerpt":{"rendered":"
President Donald Trump declared Monday that his predecessor Barack Obama\u2019s signature reform and expansion of the US health insurance system is defunct, after […]<\/p>\n","protected":false},"author":1,"featured_media":7909,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[87],"tags":[],"class_list":["post-7908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/7908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=7908"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/7908\/revisions"}],"predecessor-version":[{"id":7910,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/7908\/revisions\/7910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/7909"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=7908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=7908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=7908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}