Trump Will Reportedly Cut Vital Obamacare Subsidy, Potentially Throwing Marketplaces into Upheaval

President Trump appears to be on the verge of fully sabotaging Obamacare with Politico reporting Thursday that he intends to cut off subsidy payments from the government to insurers selling coverage under the Affordable Care Act. The subsidies, which are estimated to amount to $7 billion this year, are designed to reduce the out-of-pocket costs of roughly 6 million low income Americans, who purchase coverage on the exchanges. The move, the Washington Post notes, “is likely to immediately...

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