Trump scraps Obamacare subsidies in surprise late-night announcement

Federal payments underpinning healthcare scheme unlawful, says White House, in move that takes a further swipe at Democrats’ signature reform

Donald Trump has planted a timebomb under Obamacare, issuing a notice late on Thursday night that scraps vital federal subsidies underpinning the current healthcare system.

Related: Trump accused of sabotage after signing executive order to weaken Obamacare

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