President Trump Plans to Scrap Major Obamacare Insurer Subsidy

The White House said late on Thursday that it cannot lawfully pay subsidies to health insurance companies under the Obamacare health law, prompting howls of protests from Democratic lawmakers.

A White House statement said based on guidance from the Justice Department, “the Department of Health and Human Services has concluded that there is no appropriation for cost-sharing reduction payments to insurance companies under Obamacare.”

“In light of this analysis, the Government cannot...

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