Thursday, August 17, 2017

Paper Tiger

Trump's threats against Obamacare may have no substance. More poor people will get covered, but there will be huge premium increases for the middle class, if Trump tries sabotage:
After today, however, it might be time to stop worrying and learn to love Trump's bomb threats. According to the new analysis by the Congressional Budget Office, ending the cost-sharing subsidies would likely backfire badly for the administration, costing the federal government $194 billion over a decade without fatally undermining Obamacare's exchanges. In fact, the move could even allow some Americans to obtain insurance coverage for free while modestly reducing the number of uninsured by 1 million.
And, in fact, the payments are apparently being made, for now. Trump has other fish to fry right now.

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