(Bloomberg) -- The federal budget deficit would increase by $194 billion over the next decade if President Donald Trump follows through on his threat to halt ACA subsidy payments to health insurers, the Congressional Budget Office said.
Ending the so-called cost-sharing reduction payments would also boost premiums for mid-level Affordable Care Act plans by 20 percent next year, and by about 25 percent in 2020, the nonpartisan CBO said Tuesday.
The CSR payments, which help insurers lower deductibles and other out-of-pocket expenses for low-income people, have become a flashpoint in the political fight over Obamacare after Republicans in Congress failed to repeal or replace the law earlier this year.
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