Gov. Cuomo Issues Statement on Decision to End CSR Payments

ALBANY, N.Y., Oct. 13 -- Gov. Andrew Cuomo, D-N.Y., issued the following statement on President Trump's decision to end cost-sharing reduction payments:

"Unable to move the repeal of the Affordable Care Act in Congress, President Trump is now attempting to administratively dismantle the ACA bit by bit.

"His actions will slash benefits and raise premiums in many health plans by 20 percent next year according to the non-partisan Congressional Budget Office, and it will single handedly destabilize insurance markets. With a swipe of a pen, President Trump puts the health of New Yorkers at risk.

"We will not stand silently by as the federal government tries to take away health care from New Yorkers. As President Trump executes on his mission to strip health care protection from those who need it most, we stand ready to join states across the nation to sue the federal government. We will not go backwards."