On the heels of President Donald Trump’s announcement that the government would stop funding cost-sharing reduction payments, Republicans and Democrats say they’ve negotiated a 2-year proposal to keep the subsidies afloat.
Sens. Lamar Alexander and Patty Murray reached the deal Tuesday, Fierce Healthcare reports. Sens. Chuck Schumer and Mitch McConnell reportedly confirmed the proposal.
“The solution will be for about a year or two years and it will get us over this intermediate hump,” Trump said during a press conference Tuesday. “This is a short-term deal, because we think ultimately block grants going to the states is going to be the answer.”