The House on Thursday advanced a three-year extension of Obamacare subsidies, sending the bill to the Senate where it faces an uphill climb. Seventeen Republicans joined all Democrats voting in favor of the legislation, which passed 230-196. The enhanced Affordable Care Act tax credits were a key factor in the longest-ever government shutdown last fall. … Read more
Four moderate House Republicans rebelled against House Speaker Mike Johnson on Wednesday, joining Democrats to force a vote on extending key Affordable Care Act subsidies that are set to expire at the end of the year. If approved, the measure will extend ACA tax credits for three years. If those subsidies expire as scheduled, the … Read more
Key tax credits that reduce the cost of Affordable Care Act health insurance coverage for millions of Americans looked likely to expire by the end of the year after House Speaker Mike Johnson said Tuesday that there would be no vote on extending those subsidies this week. The House is not in session next week, … Read more
Idrees Abbas | SOPA Images | Lightrocket | Getty Images UnitedHealth Group has agreed to sell its last South American business Banmedica to Brazilian private equity group Patria Investments for $1 billion, two sources with knowledge of the matter said on Sunday. The final agreement was signed on Saturday and an announcement is expected on Monday, the … Read more
House Minority Leader Hakeem Jeffries on Friday rejected as “ridiculous” an accusation that Democrats want to let pivotal Obamacare subsidies lapse in order to deal a political blow to Republicans. “Shame on you,” Jeffries, D-N.Y., said at one point as he pushed back on that notion in a fiery exchange with CNBC’s Becky Quick on … Read more
Sen. Bill Cassidy on Monday proposed replacing enhanced Affordable Care Act premium tax credits with pre-paid health savings accounts. The Louisiana Republican’s proposal comes as lawmakers scramble to find a remedy for skyrocketing costs of Obamacare health insurance premiums. The boosted ACA tax credits, which this year have lowered the cost of Obamacare plans for … Read more
Momo Productions | Digitalvision | Getty Images As health-care costs continue to climb, you may want to make sure you’re not leaving valuable tax breaks or pre-tax dollars on the table this year. Rising premiums, steeper deductibles and higher out-of-pocket maximums have put more pressure on household budgets, making year-end planning important, experts say. Among … Read more
Senator Tim Kaine (D-VA) speaks at a press conference with other Senate Democrats who voted to restore government funding, in Washington, DC on November 9, 2025. Nathan Posner | Anadolu | Getty Images Update: The Senate on Monday night passed the deal, sending the funding bill to the House. Senate Democrats are poised to help … Read more
Senate Majority Leader John Thune (R-S.D.) speaks to reporters during the Weekly Senate Policy Luncheon news conference on November 4, 2025 on Capitol Hill in Washington, DC. Tom Brenner | Getty Images As the Senate held a rare Sunday session, the Republican leader said a potential deal was “coming together” on the government shutdown. But … Read more
U.S. Senate Majority Leader John Thune (R-SD) speaks to reporters outside his office on the fourteenth day of the U.S. government shutdown on Capitol Hill in Washington, D.C., U.S., Oct. 14, 2025. Elizabeth Frantz | Reuters Bipartisan talks in the U.S. Senate to end the government shutdown have taken a positive turn, Senate Majority Leader … Read more