lower so they could afford the insurance and the cost sharing subsidies for deductibles, co-payments worked together, worked tandemly. you can t take one without risking the ability to pay the other. in the law it makes it very clear and why both are required and even though trump says he won t pay for the stuff, we re still going to have to pay because it s in the law. i want to play for you what the president had to say after he had made the announcement. here s what he said just on friday. if the democrats were smart, what they d do is come and negotiate something where people could really get the kind of health care they deserve being citizens of our great country. so, if this leads to the dismantling of health care system, do democrats have an obligation to come to the table here? well, no doubt that what president trump is doing to the affordable care act is leading to the dismantling or as he put
i pledged to dismantle obamacare, i m doing that. democrats have no choice but to come to table. they may come to the table in democrats and republicans agree to fund cost sharing subsidies, maybe give more repeal the employer mandate. we don t know what they d be willing to concede. at this point it s uncertainty. don t know where the compromise is. and only thing changed since august with trump blasting mcconnell is had more public failure to get votes on obamacare. genesis of that, as donald trump was holding himself out there as he often does, appeals to diminishing but share of the country, he s being tough, threatening to fire people, this, that and other, watch this after today s presser, wonder what kind of swamp draining is this? trump in august.
they made for seven years. they failed as you know to pass legislation in july and again in september. they are more worried about motivating their base. you know, we re facing a midterm election, 2018, where usually the turnout is down, republican base turnout is going to be very important for them to keep those seats. that s really whom they are looking at. in terms of who will be hurt the most, i mean look at the costs here. i mean cbo projects 194 billion dollars over the next decade is going to have to come out of the federal coffers to pay for more hefty benefits to make up for the loss of these cost-sharing subsidies, these cost-sharing reduction subsidies. julie: the cbs actually said the cbo actually said in august if cost sharing subsidies were cut off that premiums would shoot up to 20% next year. uh-huh. julie: the president doesn t want to see people obviously not be able to afford insurance. the whole point is this he wants to be able to number one make health insuran
it sounds to me like this is a negotiating tactic set up by the president to get the republicans to finally step up to the plate and get the job done that they promised and failed to do and that s repeal and replace obama care. i mean is this a tactic that the president is using like he did when he sit down with nancy pelosi and chuck schumer over daca? he got the democrats to come to the table. absolutely it is a tactic. what he has said is it would be good if the democrats came to the white house and cut a deal on obama care. republicans he s certainly lighting a fire under them to come up with a deal to figure out to fund these cost sharing subsidies and come up with other reforms he wants such as waiver flexibility for the states but it is a dangerous game the president is playing. he is betting on congress that they will be able to deliver something and having covered congress closely over the last decade, they don t get a whole lot done. he s rolling the dice. if he gets the de
they think they can solve something with north korea. that is their number one goal, to get something done there. so being undercut by the president certainly was frustrating to him. josh, i want to get to the president s rolling back of the obamacare subsidies, the new a.p. analysis that says nearly 70% of those benefitting from the so-called cost sharing subsidies, they live in states that trump won last november. is that reality going to sink in for trump supporters? if it does, when will that happen? it s a good question. i don t think we knew the end or his decision on that is permanent. my sense from talking to people in the white house is he s working on this as a negotiating tactic. as the subsidies go away and the health care markets continue to deteriorate like they have this year, you re going to see more frustration among his supporters. that said, i don t think we re near the end of the story yet, and i think you ll see some fervent conversations over upcoming weeks.