Right after claiming he killed ObamaCare, Trump calls the resulting premium hikes 'an ObamaCare mess'
On Monday, President Trump told reporters that ObamaCare is dead, killed by his executive orders last week. Because he ended the cost-sharing reductions (CSRs) to insurance companies, used to subsidize health care for millions of low-income customers — 70 percent of whom live in states Trump won — "there is no such thing as ObamaCare anymore," Trump said. His action prompted Congress to start working on a short-term fix, he added, instead of "having lunch and enjoying themselves." A minute later, Trump blamed the purportedly dead law for insurers raising premiums:
The Congressional Budget Office predicted in August that ending the CSRs would raise premiums and the federal deficit, and on Monday, Pennsylvania's insurance commissioner announced that rates on ObamaCare exchanges will rise an average of 30.6 percent, rather than 7.6 percent, "due to President Trump's refusal to make cost-sharing reduction payments for 2018 and Congress' inaction to appropriate funds." Trump said he thinks Republicans will still "get the health care done," adding that while most GOP senators "are really, really great people ... a few people disappointed us. Really, really disappointed us. I can understand how Steve Bannon feels."
Over the weekend, incidentally, Bannon told the Values Voters Summit he feels that ending the CSRs will "blow up" the ObamaCare exchanges. Peter Weber
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Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
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