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Trump Threatens To End Congressional ObamaCare Subsidy

Will this presidential election be the most important in American history?

President Trump is threatening to pull special ObamaCare treatment for members of Congress and staff.

Trump issued his threat in a Tweet:

 

Trump also indicated he is contemplating ending insurance company bailouts.

The Washington Examiner reports:

President Trump threatened both lawmakers and the insurance market on Saturday, warning their “bailouts” will end “very soon” if Congress don’t pass a bill to repeal and replace Obamacare.

Former President Obama gave Congress a break by allowing them the ability to classify as a small business and obtain a subsidy from taxpayers.

An Op-Ed in The Wall Street Journal explains:

Members of Congress and their designated “official office” staff are insured through the District of Columbia’s small business exchange—but they receive a one-of-a-kind subsidy from their employer (taxpayers) of up to $12,000, or about 70% of their premiums.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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