“President Trump on Wednesday suggested he will oppose a bipartisan deal to help stabilize ObamaCare, reversing comments he made one day earlier,” per The Hill this morning.
I am supportive of Lamar as a person & also of the process, but I can never support bailing out ins co’s who have made a fortune w/ O’Care.
— Donald J. Trump (@realDonaldTrump) October 18, 2017
The plan, a product of Senators Lamar Alexander (R-TN) and Patty Murray (D-WA), has been in the works for more than a month, and was announced earlier this week. According to The Hill’s report, “The measure would fund insurer subsidies known as cost-sharing reduction payments for two years while allowing states greater flexibility to waive the health-care law’s rules.” But Trump previously announced only days ago that the government would cease to make these cost-sharing reduction payments to insurers.