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Trump Backs Away from Deal on Obamacare

WASHINGTON (Reuters) – A bipartisan deal from two U.S. senators to stabilize Obamacare by restoring subsidies to health insurers ran into trouble on Wednesday with President Donald Trump sending mixed signals and the speaker of the House indicating no interest in taking it up.

The deal announced on Tuesday by Republican Lamar Alexander and Democrat Patty Murray was intended to shore up Obamacare by reviving billions of dollars of subsidies to insurers for two years to help lower-income Americans obtain medical coverage.