• President ends subsidies for poor … opens door for flimsy insurance plans … threatens Iran deal … vows love for Puerto Rico

• Get the day’s politics news in 60 seconds every weekday. By Tom McCarthy

Trump planted a time bomb under the Affordable Care Act by scrapping vital federal subsidies that help insurers extend quality coverage to low-income recipients. Then Trump said Obamacare was “imploding”.

Read our coverage

The late-night move followed an order by Trump earlier Thursday that ACA standards be dropped for some health insurance plans, allowing for cheaper coverage – which critics say also won’t cover much. About 12.7 million people rely on health insurance marketplaces created by the law.

Continue reading…

Facebook Comments

This site uses Akismet to reduce spam. Learn how your comment data is processed.