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White House says it can't lawfully pay Obamacare subsidies

Reuters Donald TrumpDonald Trump
Friday, 13 October 2017 ()

WASHINGTON (Reuters) - President Donald Trump will stop payments worth billions of dollars to health insurers to subsidize low-income Americans, the White House said on Thursday, a move health insurers have warned will cause chaos in insurance markets and a spike in premiums.
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News video: Obamacare To Rolled Back Or No?

Obamacare To Rolled Back Or No? 00:36

On Thursday a senior White House aide said that U.S. President Donald Trump would demand steps toward repealing Obamacare in any healthcare legislation. The comments cast doubt on the prospects for a short-term bill to shore up insurance markets. Marc Short is the White House’s top liaison to...

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