Attorneys general from 19 U.S. states are suing the federal government, after President Trump said he would cut off billions of dollars in federal subsidies to insurance companies to help cover low-income people’s healthcare plans. Experts say ending the subsidies will dramatically increase insurance premiums and could unravel the healthcare market. This is New York state Attorney General Eric Schneiderman.
Attorney General Eric Schneiderman: “His effort to gut these subsidies with no warning—or even a plan to contain the fallout—is breathtakingly reckless. He has failed twice in efforts to legislatively repeal and replace the Affordable Care Act. This is an effort simply to blow up the system. We will not allow President Trump to use New York families as political pawns in his dangerous, partisan campaign to sabotage our healthcare system.”