Bessent says health-care announcement coming this week
The White House plans a two-year Affordable Care Act subsidy extension with new eligibility limits, delayed due to GOP opposition amid concerns of premium cost impact, says Treasury Secretary Scott Bessent.
- President Donald Trump is expected to propose a health care policy framework aimed at extending subsidies in the Affordable Care Act, which are set to expire at the end of December, according to multiple media reports.
- The proposal may include a two-year extension of subsidies and new eligibility limits for Obamacare, as indicated by Politico.
- Around 22 million Americans could see their premiums double if the subsidies are not extended, meaning an average increase of $1,016 in 2026, as reported by KFF.
- The White House plans to present a health care bill that focuses on reducing costs and possibly limiting eligibility for subsidies, but faces strong opposition from some Republicans.
112 Articles
112 Articles
Trump's ACA tax credit plan met with resistance from Republicans in Congress
President Donald Trump appears to have a health care plan one he teased during the debates but pushback from some Republican lawmakers has stalled its rollout.Reports indicated the plan would be announced this week. However, House Speaker Mike Johnson was reportedly part of the opposition to Trumps proposal, which included a two-year extension of certain Affordable Care Act tax credits. That same extension has been the focus of Democratic-led le…
Trump's ACA tax credit plan met with resistance from Republicans in Congress
President Donald Trump appears to have a health care plan one he teased during the debates but pushback from some Republican lawmakers has stalled its rollout.Reports indicated the plan would be announced this week. However, House Speaker Mike Johnson was reportedly part of the opposition to Trumps proposal, which included a two-year extension of certain Affordable Care Act tax credits. That same extension has been the focus of Democratic-led le…
Trump's ACA tax credit plan met with resistance from Republicans in Congress
President Donald Trump appears to have a health care plan one he teased during the debates but pushback from some Republican lawmakers has stalled its rollout.Reports indicated the plan would be announced this week. However, House Speaker Mike Johnson was reportedly part of the opposition to Trumps proposal, which included a two-year extension of certain Affordable Care Act tax credits. That same extension has been the focus of Democratic-led le…
Trump's ACA tax credit plan met with resistance from Republicans in Congress
President Donald Trump appears to have a health care plan one he teased during the debates but pushback from some Republican lawmakers has stalled its rollout.Reports indicated the plan would be announced this week. However, House Speaker Mike Johnson was reportedly part of the opposition to Trumps proposal, which included a two-year extension of certain Affordable Care Act tax credits. That same extension has been the focus of Democratic-led le…
Trump still working on health care proposal, White House says
WASHINGTON — President Donald Trump is still working on a proposal to address a spike in Obamacare health insurance premiums, but the eventual plan may differ significantly from details reported over the weekend, the White House said Monday.
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