the law, even though they haven t figured out a way to do that legislatively yet. but when it comes to the payments, when it comes to these subsidies, a lot of republicans, including high-ranking republicans, like lamar alexander, house ways and means committee chairman kevin brady say these subsidies are necessary so long as obamacare is the law and a fix is needed. wolf, republican leaders at least publicly haven t tipped there hands on what their next step is. several aides told me this has led to an extremely complicated process going forward. on the policy, they are very cognisant of what this could do to insurance markets and individuals who receive subsidies through obamacare, specifically to their premiums. on the politics, there is also a recognition as you heard from leader nancy pelosi, democrats are absolutely going to say this has to be in any spending deal or any newt gingrich deal before the end of the year, and they recognize for their members, the policy and the politi
for individuals. and. and those companies are already required by law to keep the premiums at a certain level. what this was was essential a pay-off to the insurance companies to support obamacare in the first place back if 2009/2010. it s been a terrible policy. only at the very end of the last segment that you saw was the comment about how they re unconstitutional. this money was never appropriated. i was in the house in 2014 when i voted to give paul ryan the ability to file a lawsuit on this because these monies but aren t you concerned if you remove these subsidies a lot of these big insurance companies are going to pull out and not provide any insurance to these individuals? it s going to the competition is going to go way, way down. some people won t be able to get anything. i absolutely welcome the left, the democratic party to the conversation about what it s like to have insurance companies pull out on states these are republicans who are worried about that. t
had them. these payments are payments to insurance companies. i cannot believe that nancy pelosi was just on your screen there defending bailout payments to large corporations. typically the democrats are against that. it s sort of like the shoe is on the other foot here. the bottom lionel is these are bad policy and the payments are not appropriate. once again, they re designed as subsidies to help with the premium for individuals, the premiums are going to go up if the subsidies go away. the other criticism is that the president is doing this because he wants to see obamacare fail. zen, the president doesn t want to write a check of your and my tax money to these large health insurance companies that are making hundreds of millions of dollars. let s be perfectly clear, these companies have done extraordinarily well since obamacare became the law of the land. and the president didn t want to simply stand by and see that continue to happen. that, married to the fact that these are
does not save the federal government any money at all. in fact, because of laws that say the federal government has to subsidize those low-income insured it s going to cost the government $194 billion over the next decade. okay. talk about the immediate effect of ending subsidies to insurers. some states announced their obamacare premiums. pennsylvania, for instance, nothing changed. their premiums up 9%. now that it s gone, 20%. michigan with 17%. now 27%. georgia, 31.5% now 52% maryland didn t calculate, so high to start they didn t calculate what it could be without it. other states already assumed that the crrs would not continue. these are these states. they are assuming that what president trump just did was going to happen. look at these increases. 25%. somebody tells you that the marketplace premiums are not going up. that would be a lie.
john mccain, if you look at his campaign, his last campaign was all about repeal and replace. so, he decided to do something different and that s fine. and i say we still have a chance oh, we re going to do it eventually. we re going to do it eventually. abby: the president already up this morning and tweeting about what happened with this bill because it came out yesterday afternoon that john mccain was saying no to this. he said john mccain never had any intention of voting for this bill which his governor loves. he campaigned on repeal and replace, let arizona down. he continues on. arizona had 116% increase in obamacare premiums last year with deductibles very high. chuck schumer sold john mccain a bill of goods, sad. finally large block grants to state is good thing to do. better control and management. great for arizona. mccain let his best friend, lindsey graham who as you know very, very close down. he was one of the sponsors of this bill, the graham cassidy bill. griff: you