Trump: New Health Plan a Bailout

“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.

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.

On Tuesday, Trump “signaled he may support the proposal, calling it ‘a short-term solution so that we don’t have this very dangerous little period’ for insurance companies. Later in the evening, he appeared to backtrack on those comments.”
In a speech to the Heritage Foundation last night, he also said, “‘While I commend the bipartisan work being done by Sens. Alexander and Murray — and I do commend it — I continue to believe Congress must find a solution to the ObamaCare mess instead of providing bailouts to insurance companies.'”
You can watch the President’s full speech to the think tank here.