Along with today's EO, this means goodbye Obamacare.
Trump will scrap critical Obamacare subsidy
It'll be Trumpcare from here on out.
EDIT TO CLARIFY: These are the subsidies to insurance companies not subsidies to individuals. What this means is that insurance costs will go up and some insurers might pull out of the system. It doesn't mean your individual subsidy will evaporate tomorrow or something.
Via Sam Stein:
EDIT 2: Official statement
Trump will scrap critical Obamacare subsidy
President Donald Trump plans to cut off critical subsidy payments to insurers selling Obamacare coverage, according to two people familiar with the matter.
The decision to end the payments, worth an estimated $7 billion this year, marks Trump's most aggressive move yet to dismantle Obamacare after months of failed GOP repeal efforts on Capitol Hill. The move is likely to draw lawsuits and may put pressure on Congress to appropriate funding for the subsidies, which help insurers reduce out-of-pocket costs for low-income Obamacare customers.
It'll be Trumpcare from here on out.
EDIT TO CLARIFY: These are the subsidies to insurance companies not subsidies to individuals. What this means is that insurance costs will go up and some insurers might pull out of the system. It doesn't mean your individual subsidy will evaporate tomorrow or something.
Via Sam Stein:
per CBO: Trump ending subsidies increases premiums 20% by 2018 and 25% by 2020. Deficit goes up $6b by 2018 and $21b by 2020
EDIT 2: Official statement