Trump Warns Against ‘Bailouts’ For Insurance Companies In Bipartisan Health Care Deal

Sens. Patty Murray, D-Wash. (left), and Chairman Lamar Alexander, R-Tenn., say they have a tentative agreement to appropriate the subsidies for the next two years, restore money used to encourage people to sign up for Affordable Care Act health plans and make it easier for states to design their own alternative health care systems.

Tom Williams / CQ-Roll Cal via Getty Images

Updated at 12:15 p.m. ET

Less than a week after President Trump said he is cutting off subsidies to health insurance companies, lawmakers announced Tuesday that they had a deal to restore the money and take other actions that could stabilize insurance markets for next year.

Trump offered mixed opinions on the deal at first, though he encouraged the bipartisan effort. But on Wednesday morning, he tweeted that he “cannot support” measures that he sees as bailouts of insurance companies, which are the heart of the bill.