"This decision will not only raise premiums and health care costs for millions of Americans, but will also create instability in our health care markets."

Sen. Chris Coons released a statement after President Donald Trump announced the administration's latest move to sabotage the Affordable Care Act by cutting off federal cost sharing payments that reduce health care costs for low-income Americans.

"I am extremely disappointed by President Trump's decision to cut off federal cost sharing subsidy payments that help make quality health insurance affordable for millions of Americans. President Trump promised to repeal and replace the ACA. Having failed to repeal it and with no viable replacement, President Trump is now taking the ACA apart in ways that put Americans’ health care at risk. This decision will not only raise premiums and health care costs for millions of Americans, but will also create instability in our health care markets,” Coons said.

“Time and again, I've encouraged the president to support bipartisan efforts in Congress to strengthen our health care system and stabilize markets. Unfortunately, President Trump seems determined to sabotage the ACA regardless of the consequences. The president should instead encourage and support bipartisan efforts in Congress to improve health care for all Americans," Coons said.