US President Donald Trump on Monday declared Obamacare “dead” and “gone,” but urged Republicans and Democrats in Congress to craft a short-term fix of healthcare markets under the 7-year-old law that critics say he has effectively sabotaged. It’s gone,” Trump said of former Democratic president Barack Obama’s signature 2010 healthcare law that Republicans have repeatedly tried and failed to repeal. It was not yet clear whether the Republican-controlled Congress would agree to help shore up Obamacare and reinstate the subsidies. Senate Democratic leader Chuck Schumer said he was hopeful that a deal was near to stabilize Obamacare. He said he and Murray were trying to strike a deal that “extends cost-sharing payments for two years and gives states meaningful flexibility” in administering Obamacare.

Source: Dhaka Tribune October 17, 2017 14:37 UTC