ObamaCare premiums would rise 20 percent and the federal deficit would increase by $6 billion next year if President Trump follows through on threats to end subsidies for insurers, the Congressional Budget Office said in a report released Tuesday. A White House spokesman dismissed the projections as “flawed” and said “no final decisions have been made” on ending what are known as cost-sharing subsidies. The White House, however, not only challenged the report but argued premiums are rising regardless of the insurance subsidies. “Regardless of what this flawed report says, Obamacare will continue to fail with or without a federal bailout,” said Ninio Fetalvo, a White House spokesman. Some conservatives have been pushing the White House to end subsidies to lawmakers and their employees made possible by an Office of Personnel Management exemption.

Source: Fox News August 15, 2017 19:56 UTC