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
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
Top Senate Democrat Chuck Schumer on Friday offered a new plan to Republican lawmakers that would allow the U.S. government to reopen from a shutdown that began Oct. 1. But Republicans quickly dismissed Schumer’s proposal, which hinges on protecting enhanced Affordable Care Act subsidies for at least one year. In exchange, Democrats would drop their … Read more