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Trump to cut off key ObamaCare payments: report

The Hill logo The Hill 10/13/2017 Rebecca Savransky
Trump to cut off key ObamaCare payments: report © Provided by The Hill Trump to cut off key ObamaCare payments: report President Trump plans to cut off key payments to insurers selling ObamaCare coverage, Politico reported Thursday, citing two sources familiar with the matter.

Such an action would represent Trump's most aggressive move yet to dismantle ObamaCare, after GOP efforts to repeal and replace the health-care law failed this year.

Trump has repeatedly threatened to cut off the disbursements to insurers, known as Cost Sharing Reduction (CSR) payments. They are worth an estimated $7 billion this year, Politico noted.

The report comes after Trump on Thursday signed an executive order aimed at taking action on ObamaCare on his own after Congress failed to repeal the law.

Trump said Thursday the order is "starting that process" to repeal the law. It will be the "first steps to providing millions of Americans with ObamaCare relief," Trump said.


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