Transcript for Trump vows to rip apart Obamacare piece by piece
We turn to the health care bombshell. President trump taking steps on his own to dismantle Obamacare after Republicans in congress could not get a repeal. The president making a midnight move overnight cutting off billions in insurance subsidies that help many Americans who work too much to be covered by medicaid but too little to cover their own health care. Reporter: President trump is vowing to rip apart Obamacare piece by piece. One by one, it is going to come down. And we're going to have great health care in our country. We are going to have great health care. Reporter: Late last night, he dropped a bombshell. Cutting off seven billion dollars in subsidies that help lower-income Americans afford coverage. The white house calling those payments "Unlawful" -- hanging in the balance tonight, the roughly seven million Americans who make too much to qualify for medicaid, but still need help paying for coverage -- like this woman who relies to afford her coverage. If it gets too high I won't afford it at all. Mason Mccoy says he could barely afford the subsidized plan he has now. It's nothing more than another assault on poor people are the budget office says premiums for some could climb up to 20%. And predicts many Americans will likely lose coverage. After the president and Republicans in congress could not find a way to repeal Obamacare, now the president is out to do it on his own. In the last 24 hours signing an executive order paving the way for insurers to offer plans that cost less but cover less, too. People will have great, great health care. Reporter: Tonight Democrats say this isn't great care. It's sabotage. Make no mistake, last night the president single handedly decided to raise America's health premiums for no reason except spite and cruelty. Reporter: But the president says Obamacare is a broken mess. What would be nice, if the democratic leaders could come over to the white house and negotiate some deal good for everybody. Reporter: Many Republicans tonight already fear the political consequences. We will own this problem. The president's action today was unhelpful. Mary we also heard today from Ohio ice governor Republican John Kasich who ran against Donald Trump during the primary but no less a harsh warning from him tonight. Reporter: He says the move by the president will lead to confusion and higher health costs. On the hill there is a bipartisan effort to replace the subsidi subsidies. The question, can they come to an agreement and how soon? David. Mary Bruce at her post on the hill. Thanks. Another major move from the
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