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Detailed text transcripts for TV channel - FOXNEWS - 20171014:16:34:00

these to prop up obamacare, they re called csr s and you ll hear that in the days coming up. and that s cut off and what the president has done is slash $7 billion to insurance companies. and what s it for, depending on your perspective, subsidize those most in need, or that money is going to insurance companies to lift up their stock price and that s not what i m about. take a look at who those insurance companies support, and i guarantee one thing, it s not donald trump. that was the president walking to marine one. in the meantime, the attorneys general for new york, california more than a dozen other states, have announced they plan to sue the administration to block the cut off of that critical money to health insurers. back on capitol hill, the debate races on. the g.o.p. will try to blame the affordable care act, but they have purposefully,

Detailed text transcripts for TV channel - FOXNEWS - 20171014:22:28:00

arthel: president trump s decision to end obama care subsidies sparking an intense debate on capitol hill as he looks to ramp up the pressure on lawmakers. white house correspondent kevin cork has the latest from washington. kevin? indeed, more political intrigue here the nation s capitol as the trump administration has now declared it cannot lawfully continue so called cost-sharing reduction payments, otherwise known as csr s, and so it is going to end that practice entirely and that is a major development because in doing so, the president s decision slashes some 7 billion dollars in payments to insurance companies, meant to depending on your point of view either subsidize care for those who are most in need or that money is going to insurance companies to lift up their stock price, and that s

Detailed text transcripts for TV channel - FOXNEWS - 20171013:05:18:00

doug mckelway who can break down what he did this afternoon. i will tell you what he did tonight. yeah, brian, politico is reporting tonight that he plans to cut off subsidy payments, two insurers known as csr s. that would be the administration s most aggressive move you have to dismantle obamacare and ife it is true, we reached out to the white house and no comment yet. it is another side that the president s frustration with congressional inaction to dismantle obamacare. something the chief of staff john kelly acknowledged today. since the big bill did not pass, and we probably won t have a health care bill until the spring, this was a way to take care of as many americans as he could legally with an executive order.me most importantly, this order allows small businesses to pool together to buy health care coverage across state lines.

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