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You are at:Home » Scott Bessent Says No ‘Formal Proposal’ Yet From Trump On Plan To Scrap Obamacare As President Pushes For Direct Payments
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Scott Bessent Says No ‘Formal Proposal’ Yet From Trump On Plan To Scrap Obamacare As President Pushes For Direct Payments

News RoomNews RoomNov 10, 2025 12:36 am EST1 ViewsNo Comments2 Mins Read
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Treasury Secretary Scott Bessent stated on Sunday that he has actually not seen any official strategy from the White Home to change the Affordable Care Act or Obamacare, even as President Donald Trump prompts Republicans to ditch the law and reroute its financing “into the pockets of the American individuals.”

Bessent States No Official Obamacare Replacement Strategy

” We do not have an official proposition,” Bessent stated in an interview on ABC News’s “Today” with George Stephanopoulos, when inquired about Trump’s current remarks.

Trump on Saturday appeared to weigh in on the shutdown standoff over improved ACA aids, which are set to end at year’s end and might raise medical insurance premiums for countless Americans. Extending those aids has actually been Senate Democrats’ main need for almost 6 weeks, throughout which they have actually voted 14 times to obstruct a GOP strategy to resume the federal government.

Trump Drifts Rerouting Aids Straight To Customers

” I am suggesting to Senate Republicans that the Numerous Billions of Dollars presently being sent out to cash drawing Insurance provider in order to conserve the bad Health care supplied by ObamaCare, BE SENT DIRECTLY TO INDIVIDUAL SO THAT THEY CAN PURCHASE THEIR OWN, BETTER, HEALTH CARE, and have cash left over,” Trump composed on Reality Social. “Simply put, draw from the BIG, BAD Insurance coverage Companies, provide it to individuals, and end, per Dollar invested, the worst Health care throughout the World, ObamaCare,” he included.

See Likewise: Bernie Sanders States Shutdown Combat Has To Do With Trump Offering Trillion-Dollar Tax Breaks To ‘Mr. Musk, Mr. Bezos’ And Other Billionaires: ‘Need To Not Cavern’

The president did not provide information on how such a strategy would work. Financial hawk Sen. Rick Scott (R-Fla.) composed on X that he is “composing the costs today.”

White Home Focuses On Ending Shutdown Before Talks

Continued the lack of a concrete proposition, Stephanopoulos informed Bessent he was “a little baffled” that Trump was promoting the concept while the administration was not officially putting it before the Senate. “We’re not proposing it to the Senate today, no,” Bessent responded.

He later on stated the administration’s concern is ending the record-long federal government shutdown before working out with Democrats over health care, consisting of ACA premium aids that are presently paid straight to insurance companies on behalf of more than 90% of market enrollees.

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