Rep. Chu Vows to Fund ACA Subsidies, Undo Trump’s Deliberate and Cruel Attack on Working Families
Washington, D.C. – Rep. Judy Chu (CA-27) released the following statement on President Trump’s executive order to end the cost sharing reduction subsidies (CSRs) that help working families afford insurance on the ACA marketplaces:
“Donald Trump failed to achieve his political goal of repealing the ACA, so he is taking it out on the American people. The very people whose welfare he took an oath to promote will now face higher healthcare premiums by the stroke of his pen. Let’s be clear: this did not need to happen. If you see a house that needs improvements, you should not kick out the support beams. But of course, the ACA isn’t imploding as Trump claims, so he’s decided to take actions that make reality match his rhetoric.
“There are ways to improve the ACA. They involve investing more in healthcare. I’m open to doing the work I was elected to do: work with members of both parties to bridge differences and get more people access to affordable healthcare. But Trump’s decision not to fund CSR payments doesn’t reflect some policy or philosophical difference to be bridged. It is a deliberate act of sabotage.
“The cost sharing payments are essential for our goal of helping working families afford insurance, and that continues to be our goal. These payments help keep out-of-pocket costs for working people low, and the non-partisan Congressional Budget Office has estimated that eliminating these payments will increase premiums by 20% and add billions to the deficit. Trump has made his move. Now it’s time for Congress to make ours. We must use our constitutional authority to fully fund the cost sharing payments immediately before anybody is forced to go without care or face bankruptcy to treat an illness. Healthcare is a right, not a political bargaining chip.”