President Donald Trump’s former strategist Steve Bannon on Saturday said Trump ended cost-sharing reduction (CSR) payments, which subsidize insurers for keeping out-of-pocket costs down for low-income individuals, to “blow up” Obamacare.
“Gonna blow that thing up,” he said in a speech at the Values Voter Summit. “Gonna blow those exchanges up, right?”
The White House on Thursday night claimed it was ending the payments, a blatant move to sabotage Obamacare, because former President Barack Obama’s administration “overstepped the legal boundaries drawn by our Constitution” by making the payments.
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