Obamacare Subsidies Expiration Threatens Healthcare Costs

Obamacare subsidies at risk of expiring, potentially causing premiums to skyrocket for millions. Congress divided, with Democrats proposing a plan to extend tax credits, but strong Republican opposition expected. Republicans debating their own alternative, with some advocating for cheaper, less comprehensive insurance options. Talks for compromise stalled, with a two-year extension proposal put aside. Congress likely to leave Washington for the holidays without addressing rising healthcare costs. Former President Trump considered, then reversed course on, releasing his own plan to extend subsidies with new income limits.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.