President Trump said Wednesday he does not support a bipartisan plan to stabilize Obamacare, saying the deal would bail out insurance companies “who have made a fortune” under Obamacare.
“I am supportive of Lamar as a person & also of the process, but I can never support bailing out ins co’s who have made a fortune w/ O’Care,” Trump tweeted Wednesday morning, referencing Sen. Lamar Alexander, R-Tenn.
I am supportive of Lamar as a person & also of the process, but I can never support bailing out ins co’s who have made a fortune w/ O’Care.
— Donald J. Trump (@realDonaldTrump) October 18, 2017
Alexander and Sen. Patty Murray, D-Wash., the top two members of the Senate Health, Education, Labor and Pensions Committee, announced Tuesday a deal to fund insurer payments known as cost-sharing reduction subsidies for two years.