Senator Cantwell Statement on President Trump’s Decision to Halt ACA Payments, Throw Insurance Markets into Chaos

WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA) released the following statement in response to President Trump’s decision to discontinue the Affordable Care Act (ACA) subsidies that assist health insurance companies in offering coverage to low- and moderate-income Americans. Today’s announcement is the latest development in the President’s attempt to single-handedly dismantle the ACA, a move that will leave millions without health insurance and raise costs substantially for everyone else.

“President Trump is doubling down on throwing insurance markets into chaos.  This action will threaten health insurance for millions of Americans, including those receiving comprehensive care at low cost through state Basic Health Plans,” said Senator Cantwell. “I remain committed to enacting bipartisan policies to drive down costs as we have done for years in Washington state, but today’s action takes us in the opposite direction.”