Treasury Secretary Scott Bessent on Sunday said the White House has nothing official to send people federal money that would go to health insurance companies under the Affordable Care Act, despite President Donald Trump promoting the idea in a social media post over the weekend.
“We don’t have a formal proposal, but what I have noticed over time is that the Democrats give all of these bills Orwellian names, the Affordable Care Act, the Inflation Reduction Act, and we end up with just the opposite,” Bessent said on ABC News’ “This Week.”
“You know, the Affordable Care Act has become unaffordable and the Inflation Reduction Act set off the greatest inflation in 50 years,” he added.
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