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

President Trump applauds members of the audience before speaking at the Heritage Foundation’s annual President’s Club meeting on Tuesday evening.

Pablo Martinez Monsivais/AP


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Pablo Martinez Monsivais/AP

President Trump applauds members of the audience before speaking at the Heritage Foundation’s annual President’s Club meeting on Tuesday evening.

Pablo Martinez Monsivais/AP

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.