Trump Sabotages Obamacare by Ending Subsidies That Help Lower Costs

Payments may stop almost immediately.

Win Mcnamee/Pool/CNP/Zuma

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The Trump administration announced late Thursday night that it would no longer provide key health insurance subsidies that are intended to keep costs down for lower-income Americans. The move, widely viewed as an effort to sabotage Obamacare, has the potential to disrupt insurance markets. The subsidies, which are paid to insurance companies, help cover the cost of providing affordable coverage.

“The bailout of insurance companies through these unlawful payments is yet another example of how the previous administration abused taxpayer dollars and skirted the law to prop up a broken system,” the White House Press Office said in an emailed statement. “Congress needs to repeal and replace the disastrous Obamacare law and provide real relief to the American people.”

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Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

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