Congressional Democrats are warning they will fight to preventPresident Donald Trump from withholding payments used tosubsidize insurance costs for poorAmericans under Obamacare, signalling the issue could becomepart of the debate to avoid a government shutdown at the endof April.

Top House and Senate Democratic leaders are pushing to guaranteethe so-called Cost Sharing Reduction subsidies as part of aspending bill that must be approved by April 28, the last day ofgovernment funding under current law, according tothree Democratic aides.

Senator Ron Wyden of Oregon, the top Democrat on the SenateFinance Committee, also signaled a tough stance Thursday, sayingDemocrats “will not negotiate with hostage takers.”

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.