Pretty Clear How the President Feels about Insurance Subsidies

President Trump on Wednesday suggested he will oppose a bipartisan deal to help stabilize ObamaCare, reversing comments he made one day earlier.

Trump wrote on Twitter that he was “supportive” of the deal’s architect, Senate Health Committee Chairman Lamar Alexander (R-Tenn.), as well as the Senate process, but said he would “never support bailing out” insurance companies, saying they “have made a fortune” under ObamaCare.

Trump stopped short of saying he would veto the measure, however.

Speaking to reporters later Wednesday, Trump said “if something can happen, that’s fine, but I won’t do anything to enrich the insurance companies.”

The president has sent a series of mixed signals on the legislation drafted by Alexander and Sen. Patty Murray (D-Wash.), the ranking member on the Health Committee.

The measure would fund insurer subsidies known as cost-sharing reduction payments for two years while allowing states greater flexibility to waive the health-care law’s rules.

Trump announced last week he would cut off the payments, a move experts said would cause insurance premiums to skyrocket.

But the president on Tuesday signaled he may support the proposal, calling it “a short-term solution so that we don’t have this very dangerous little period” for insurance companies. Later in the evening, he appeared to backtrack on those comments.

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