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Fact-check · Oct 20, 2026

“Eliminated a $125,000,000,000 in Obamacare subsidies”

FALSE
What the record shows
CMS removed subsidies for ~189,000 duplicate/deceased enrollees ($1.5B projected savings) and ~750,000 fraudulently enrolled ($2.2B). Enhanced subsidies expired Dec 31, 2025 (automatic, not eliminated). No $125B figure documented.

No authoritative source confirms $125B in eliminated ACA subsidies. Documented actions total ~$3.7B in fraud removals; enhanced subsidy expiration was automatic, not an administrative elimination.

Sources
▶ Watch the broadcast
From: President Trump and Vice President JD Vance Make an Announcement

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