In yet another bad policy decision, Donald Trump has signed an executive order to end the subsidies for the Affordable Care Act (ACA), the Patient Protection and Affordable Care Act most commonly known as “Obamacare.”
For all of 2017, the Republican Party has incessantly tried to tarnish the ACA. Although they controlled the presidency and both houses of Congress, the GOP failed to repeal and replace the ACA because they did not have enough votes to do so, and every new health law proposed led to disastrous results for the elderly and poor.
For the eight years of President Obama's tenure, the GOP attempted to repeal the ACA 56 times and each one of them was unsuccessful. The GOP manipulated the risk corridor of the ACA, denying money to health insurance companies.
After their most recent failed attempt with the Graham-Cassidy bill, Donald Trump went to extreme measures to end the ACA by signing an executive order.
According to ABC News, “the cost-sharing reduction payments, worth an estimated $7 billion this year, are intended to reduce out-of-pocket costs for low-income Americans on “Obamacare”.” The executive order by Donald Trump is a terrible decision that will affect millions of poor people, even his own supporters.
With every attempt to repeal and replace the ACA, the CBO reported how economically bad the proposed legislation would damage the health care market and uninsured millions of low-income and elderly citizens. Moreover, this extreme measure illustrates how desperate the GOP is to try to sabotage the ACA instead of fixing the law to make it work. Donald Trump executive action on cutting the much-needed subsidies to help low-income citizens demonstrate to our nation and the world his inability to understand the underlying need of health care.
Rally in Support of the Affordable Care Act (ACA), Washington, DC. (Flick / Ted Eytan)
“The 'cost-sharing reduction payments,' worth an estimated $7 billion this year, are intended to reduce out-of-pocket costs for low-income Americans on “Obamacare”.” (ABC News)
Poor people and the elderly are the two groups most seriously affected by this terrible decision. With every policy decision and social program our nation have, poor people and the elderly will get the short end of the stick because they are the ones who need these programs.
It is a sad sign of the times when the U.S. president signs an executive order that hurts poor people and pushes his party to pass damaging legislation. America is the only industrialized country without health care. With all the taxes we pay, this is one issue our government should improve on. It is disturbing that the “greatest country” has failed to follow and learn from other nations on providing universal health care.🔷
- Trump to end Obamacare subsidies that help low-income Americans, ABC News
- Trump will scrap critical Obamacare subsidies, Politico
- Trump to halt subsidies to health insurers, ABC News