Trump Reveals Whether He’ll Support Extension of Expiring Obamacare Tax Credits
Trump's refusal to extend $35 billion in Affordable Care Act subsidies risks premium hikes for 22 million Americans and disrupts bipartisan efforts in Congress.
- On Tuesday, President Donald Trump declared he will not support legislation to extend Affordable Care Act subsidies, announcing on Truth Social that he wants money sent directly back to people.
- A senior White House official said on Tuesday the administration plans a health bill and left open reconciliation for passage, while proposing HSAs, FSAs, or direct payments instead of insurer subsidies.
- An estimated 22 million people face sharply higher premiums as $35 billion per year in ACA funding expires Dec. 31, with insurance companies capping benchmark plans at 8.50% of income.
- Next year, millions face higher costs and potential loss of coverage as premiums soar, and Republican lawmakers must decide whether to defy the president or pursue alternative fixes.
- Just 14 House Republicans have signed on to Rep. Jen Kiggans's extension, and Michael Linden noted earlier this year that Republicans missed their chance to act; reconciliation proposals face eligibility limits.
38 Articles
38 Articles
Trump draws line in sand on extending ACA credits
WASHINGTON — President Donald Trump on Tuesday gave his sharpest rebuke of congressional Democrats’ efforts to extend expiring Affordable Care Act enhanced tax credits, saying he would not support legislation to do so.
Behind Closed Doors, Republicans Plot Plan to Detonate the Affordable Care Act
Donald Trump said he will NOT sign legislation to extend the ACA tax credits Mike Johnson and House Republicans are privately plotting a partisan plan to destroy the Affordable Care Act and deny coverage for millions of hardworking Americans, including those with pre-existing conditions. According to new reporting from POLITICO, GOP Leaders, including Johnson and Steve Scalise, instructed members to create a new health care plan that would rep…
Protect Our Care Wisconsin: Trump slams the door on tax credit negotiations, making health care unaffordable for millions
Washington, D.C. – Today, Donald Trump told Republicans in Congress not to “waste” time restoring the Affordable Care Act (ACA) tax credits that over 21 million Americans rely on to pay for health insurance. Trump joins key GOP members of...
Trump blasted after declaring hard line in in high-stakes health care clash
Scuttling bipartisan efforts to extend the Affordable Care Act subsidies that are set to expire at the end of the year, President Donald Trump on Tuesday declared he will not support any legislation to do so. The withdrawal of the Obamacare subsidies has sent next year’s premiums soaring for millions of Americans, and millions are expected to lose coverage due to the high cost.In an all-caps post on his Truth Social website, the president announ…
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