Vermont Business Magazine Representative Peter Welch (D-VT) issued the following statement in response to President Trump’s decision to end the cost-sharing reduction payments required under the Affordable Care Act.
“President Trump’s decision to cut off payments that defray out of pocket costs for low income Americans is stunning, reckless, and cruel.After failing to convince Congress to repeal the Affordable Care Act, he is now openly sabotaging it, which will raise the premiums of hardworking Americans by 20 percent. He is also undermining bipartisan discussions well underway in Congress to make much needed improvements to the law.I hope this irresponsible decision is overturned by the courts.In the meantime, Congress should move forward with making the Affordable Care Act work better for working families.”