Can America Afford to Reopen the Government?
Republican efforts to cut subsidies risk raising premiums for 20 million Americans, while Democrats seek to protect coverage amid political and fiscal disputes.
- This past week Republicans intensified efforts to cut the 2021 subsidy expansion set to expire this year, aiming to fund tax breaks that critics say favor the wealthy.
- Longstanding GOP opposition to Obamacare dates to the Tea Party era and the 2017 repeal drive, with Republicans seeking subsidy cuts partly to fund tax breaks that critics say added more than $3 trillion to the national debt.
- State-Level examples show household exposure: Maryland $13,700, Minnesota $15,500, Kentucky $23,700, Maine family over $1,500 monthly, amid rising enrollment of 24 million with 92% receiving subsidies.
- The CBO warns that ending enhancements would raise premiums by 7.6%, forcing policymakers to choose higher premiums, taxes, or program cuts while federal actions risk hunger for 750,000 in Alabama starting Nov. 1.
- Democrats are pressing to make the 2021 enhancements permanent while Punchbowl News reports 20% to 30% of GOP lawmakers are open to extending subsidies as some Republicans relented Monday.
18 Articles
18 Articles
As Schumer Shutdown Comes to a Halt, Trump Proposal Could Turbocharge Patient Power
The 41-day Schumer Shutdown finally is winding down. Democrat intransigence petered out and not a nanosecond too soon. On Oct. 9, CNN quoted a “senior Democratic aide” who predicted that Sen. Chuck Schumer and his caucus would not reopen the federal government absent “planes falling out of the sky.” One month later, flight delays multiplied as unpaid air traffic controllers struggled to ignore their financial distractions and keep jets from plow…
Obamacare: Why premiums are rocketing
When describing what it was like to discover how much her Affordable Care Act plan would cost next year, Stacy Cox “used one word repeatedly,” said Justin Gomez in ABCNews.com: “devastating.” The Utah-based photographer’s monthly health insurance premium will leap from $495 to $2,168, an unmeetable cost she says will force her and her husband to go without insurance. Cox, 48, is one of an estimated 22 million ACA enrollees who will see their pre…
The shutdown has proven that the two parties are not the same
If you have ever been guilty of believing that “both sides” in American politics are bad or the same or equally to blame for something awful, the current government shutdown – and the causes behind and the threats contained within it – should put that nonsense to rest for good. The two sides are not the same. Whatever flaws the Democrats may have – and believe me, I have lost my mind and a fair amount of sleep considering those flaws and how t…
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