Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Trump: "There Is No Such Thing As Obamacare Anymore"
Posted
October 17, 2017
Views
143,537
Likes
2,882
Comments
383
Engagement
2.27%
October 17, 2017
143,537
2,882
383
2.27%
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6:21Now PlayingThe Trump administration is trying to crash the healthcare system, which will send prices soaring. Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below. Join TYT
"President Donald Trump’s former strategist Steve Bannon on Saturday said Trump ended cost-sharing reduction (CSR) payments, which subsidize insurers for keeping out-of-pocket costs down for low-income individuals, to “blow up” Obamacare.
“Gonna blow that thing up,” he said in a speech at the Values Voter Summit. “Gonna blow those exchanges up, right?”
The White House on Thursday night claimed it was ending the payments, a blatant move to sabotage Obamacare, because former President Barack Obama’s administration “overstepped the legal boundaries drawn by our Constitution” by making the payments.
The Congressional Budget Office (CBO) estimated in August that ending CSR payments would drive up premiums for those who benefit from the subsidies by 20 percent by 2018 and 25 percent by 2020.”*
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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