US President Donald Trump and his Republican allies in Congress have made a show of criticizing insurance company greed as they stand firm against extending Affordable Care Act tax credits and offer ill-formed alternatives.

But a report published Wednesday by the office of Sen. Ron Wyden (D-Ore.) explains how a scheme endorsed by Trump and some top Republicans would further enrich insurance giants and big banks.

The report focuses on growing GOP support for a proposal that would give Americans money in tax-advantaged vehicles such as health savings accounts (HSAs) to help cover out-of-pocket costs. Last week, Trump championed the idea in the Oval Office, characterizing the proposal as a way to “forget this Obamacare madness.”

In a social media post on Tuesday, Trump railed against “

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