Trump Calls for End to Obamacare, Wants Funds To 'Be Sent Directly to the People'

Benzinga

President Trump called on Senate Republicans to abolish the Affordable Care Act and send healthcare funds directly to citizens instead of insurance companies. The proposal emerged amid a government shutdown that has caused flight cancellations and delayed SNAP benefits. The plan would significantly reshape U.S. healthcare by giving individuals greater control over their coverage.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:03President Trump urged Senate Republicans to abolish the Affordable Care Act

00:07and redirect health care funds directly to citizens.

00:10In a post on Truth Social, Trump said billions currently going to insurance companies

00:15should instead go directly to the people to buy their own health care.

00:20The ongoing government shutdown has caused over 1,000 flight cancellations

00:23and delayed Supplemental Nutrition Assistance Program benefits.

00:26Democrats rejected both a proposal to reopen three federal agencies

00:31and a House-approved bill to restore government operations

00:34without resolving the dispute over rising health subsidies.

00:38Trump's proposal to end Obamacare and redirect funds to citizens

00:41could fundamentally change U.S. health care

00:44by giving individuals greater control over their coverage.

00:46For all things money, visit Benzinga.com.

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