Obamacare tax credits look likely to expire as Trump rules out an extension

Guno צְבִי

Guno צְבִי

We fight, We win, Am Yisrael Chai
“Doing nothing on health care is not the right answer,” the Virginia Republican later told NBC News, summing up her message to colleagues. “I would really appreciate if we could have a timeline because we know that the end of the calendar year is coming, and I don’t want to see people’s premiums go up. I don’t want to see people lose their health insurance.”

Republicans are careening to a health care cliff with no solution in hand. An estimated 22 million people in the U.S. are about to see their health insurance premiums soar by, in some cases, thousands of dollars per month, as billions in funding for the Affordable Care Act expires on Dec. 31. The expiring funds, costing about $35 billion per year, were first passed during the pandemic to subsidize insurance payments, capping premiums for a “benchmark” ACA, or “Obamacare,” plan to 8.5% of income.

Kiggans has offered a bill to extend those funds for one year, as a stopgap option to prevent cost increases while Congress haggles over a longer-term solution.

But just 14 Republicans have signed on. And her plea appears to be falling on deaf ears with the rest of the party.

www.yahoo.com

Obamacare tax credits look likely to expire as Trump rules out an extension

Republicans are unlikely to renew Affordable Care Act subsidies before year-end deadline, as Obamacare health insurance premiums soar.
www.yahoo.com www.yahoo.com
 
Guno צְבִי said:
“Doing nothing on health care is not the right answer,” the Virginia Republican later told NBC News, summing up her message to colleagues. “I would really appreciate if we could have a timeline because we know that the end of the calendar year is coming, and I don’t want to see people’s premiums go up. I don’t want to see people lose their health insurance.”

Republicans are careening to a health care cliff with no solution in hand. An estimated 22 million people in the U.S. are about to see their health insurance premiums soar by, in some cases, thousands of dollars per month, as billions in funding for the Affordable Care Act expires on Dec. 31. The expiring funds, costing about $35 billion per year, were first passed during the pandemic to subsidize insurance payments, capping premiums for a “benchmark” ACA, or “Obamacare,” plan to 8.5% of income.

Kiggans has offered a bill to extend those funds for one year, as a stopgap option to prevent cost increases while Congress haggles over a longer-term solution.

But just 14 Republicans have signed on. And her plea appears to be falling on deaf ears with the rest of the party.

www.yahoo.com

Obamacare tax credits look likely to expire as Trump rules out an extension

Republicans are unlikely to renew Affordable Care Act subsidies before year-end deadline, as Obamacare health insurance premiums soar.
www.yahoo.com www.yahoo.com
Click to expand...
1763579439647.png
 
Guno צְבִי said:
“Doing nothing on health care is not the right answer,” the Virginia Republican later told NBC News, summing up her message to colleagues. “I would really appreciate if we could have a timeline because we know that the end of the calendar year is coming, and I don’t want to see people’s premiums go up. I don’t want to see people lose their health insurance.”

Republicans are careening to a health care cliff with no solution in hand. An estimated 22 million people in the U.S. are about to see their health insurance premiums soar by, in some cases, thousands of dollars per month, as billions in funding for the Affordable Care Act expires on Dec. 31. The expiring funds, costing about $35 billion per year, were first passed during the pandemic to subsidize insurance payments, capping premiums for a “benchmark” ACA, or “Obamacare,” plan to 8.5% of income.

Kiggans has offered a bill to extend those funds for one year, as a stopgap option to prevent cost increases while Congress haggles over a longer-term solution.

But just 14 Republicans have signed on. And her plea appears to be falling on deaf ears with the rest of the party.

www.yahoo.com

Obamacare tax credits look likely to expire as Trump rules out an extension

Republicans are unlikely to renew Affordable Care Act subsidies before year-end deadline, as Obamacare health insurance premiums soar.
www.yahoo.com www.yahoo.com
Click to expand...
Wow. Trump is destroying the Republican Party almost as much as he is destroying our nation's global reputation and our Republic. Truly weird.
 
Last edited:
Like any 15 year old bill, it needs updating. It was not perfect when it passed.

It has helped a huge amount of Americans over the past 15 years, including me.

The ACA is very popular, so the TACO's and others have been trying to chip away at it for almost a decade, in the hopes it will then fail and become unpopular. So far... no dice. They will keep trying.

Looks like TACO's position is so unpopular more of his party turned on him today.
 
Jarod said:
Like any 15 year old bill, it needs updating. It was not perfect when it passed.

It has helped a huge amount of Americans over the past 15 years, including me.

The ACA is very popular, so the TACO's and others have been trying to chip away at it for almost a decade, in the hopes it will then fail and become unpopular. So far... no dice. They will keep trying.

Looks like TACO's position is so unpopular more of his party turned on him today.
Click to expand...
It was not perfect because the Republicans fought tooth and nail to kill it. The only way it could be passed was to give the insurance companies a huuuuge payday.

The Republicans are going to take a major hit when all of Trump's policies and gifts to his oligarchs hit the pocket books of every Middle American family.

I asked Google AI which demographics are least likely to vote. The results are below. Notice that they will be among those hardest hit by MAGAtry:

Demographics in the United States least likely to vote tend to be younger individuals, people of color (specifically Hispanic and Asian Americans), those with lower levels of education, and those with lower incomes.

Key Demographics with Low Turnout
  • Age: Young people consistently have the lowest voter turnout rates. In the 2024 presidential election, just 47.7% of citizens ages 18 to 24 voted, compared to 74.7% of people 65 and older, who were the most likely age group to vote.
  • Race and Ethnicity: Non-Hispanic White Americans vote at the highest rates. Hispanic and Asian American citizens have had the lowest turnout rates in recent elections.
    • In 2024, 70.5% of eligible white non-Hispanic people voted, compared to 50.6% of Hispanic voters and 57.1% of Asian voters.
    • Hispanic citizens are particularly likely to have not voted in any recent national elections.
  • Education Level: Turnout is strongly correlated with educational attainment. In the 2024 election, non-voters were more than twice as likely as voters to have a high school degree or less education.
  • Income Level: Americans with lower incomes vote at much lower rates than wealthy Americans. Nearly half of non-voters have a family income of less than $30,000, compared to less than one-fifth of likely voters.
  • Other Factors:
    • Gender: Women tend to be more reliable voters than men in presidential elections.
    • Disability Status: Citizens with certain disabilities, such as self-care difficulties, also have lower turnout rates.
    • Employment Status: People who are unemployed are less engaged in voting than those who are employed.
These disparities often lead to less political engagement from candidates and campaigns toward these groups, further perpetuating the gap in turnout.
 
Dutch Uncle said:
It was not perfect because the Republicans fought tooth and nail to kill it. The only way it could be passed was to give the insurance companies a huuuuge payday.

The Republicans are going to take a major hit when all of Trump's policies and gifts to his oligarchs hit the pocket books of every Middle American family.

I asked Google AI which demographics are least likely to vote. The results are below. Notice that they will be among those hardest hit by MAGAtry:

Demographics in the United States least likely to vote tend to be younger individuals, people of color (specifically Hispanic and Asian Americans), those with lower levels of education, and those with lower incomes.

Key Demographics with Low Turnout
  • Age: Young people consistently have the lowest voter turnout rates. In the 2024 presidential election, just 47.7% of citizens ages 18 to 24 voted, compared to 74.7% of people 65 and older, who were the most likely age group to vote.
    • In 2024, 70.5% of eligible white non-Hispanic people voted, compared to 50.6% of Hispanic voters and 57.1% of Asian voters.
    • Hispanic citizens are particularly likely to have not voted in any recent national elections.
  • Education Level: Turnout is strongly correlated with educational attainment. In the 2024 election, non-voters were more than twice as likely as voters to have a high school degree or less education.
  • Income Level: Americans with lower incomes vote at much lower rates than wealthy Americans. Nearly half of non-voters have a family income of less than $30,000, compared to less than one-fifth of likely voters.
    • Gender: Women tend to be more reliable voters than men in presidential elections.
    • Disability Status: Citizens with certain disabilities, such as self-care difficulties, also have lower turnout rates.
    • Employment Status: People who are unemployed are less engaged in voting than those who are employed.
These disparities often lead to less political engagement from candidates and campaigns toward these groups, further perpetuating the gap in turnout.
Click to expand...
It is better than what it replaced.
 
Guno צְבִי said:
“Doing nothing on health care is not the right answer,” the Virginia Republican later told NBC News, summing up her message to colleagues. “I would really appreciate if we could have a timeline because we know that the end of the calendar year is coming, and I don’t want to see people’s premiums go up. I don’t want to see people lose their health insurance.”

Republicans are careening to a health care cliff with no solution in hand. An estimated 22 million people in the U.S. are about to see their health insurance premiums soar by, in some cases, thousands of dollars per month, as billions in funding for the Affordable Care Act expires on Dec. 31. The expiring funds, costing about $35 billion per year, were first passed during the pandemic to subsidize insurance payments, capping premiums for a “benchmark” ACA, or “Obamacare,” plan to 8.5% of income.

Kiggans has offered a bill to extend those funds for one year, as a stopgap option to prevent cost increases while Congress haggles over a longer-term solution.

But just 14 Republicans have signed on. And her plea appears to be falling on deaf ears with the rest of the party.

www.yahoo.com

Obamacare tax credits look likely to expire as Trump rules out an extension

Republicans are unlikely to renew Affordable Care Act subsidies before year-end deadline, as Obamacare health insurance premiums soar.
www.yahoo.com www.yahoo.com
Click to expand...

Won't this be fun? Libtards are destroying something personal to every American: their healthcare. Just like they wrecked the economy and blame others for not instantly fixing their screw-ups, they're doing the same with healthcare. Any objective person examining Obamacare's results must admit it's a total failure. No surprise; many predicted this disaster from day one. It wasn't rocket science to see what a moronic plan it was.

You idiots probably don't even grasp what these extensions mean. We're talking massive subsidies slapped on to hide Obamacare's epic flop during COVID. Democrats wrote huge checks, using the pandemic as cover, forcing your kids and grandkids to foot the bill for healthcare, even for those earning $600,000 a year. Brilliant, and utterly predictable to anyone with a brain.

Now, these same morons claim that without extensions, millions will lose coverage because of heartless Republicans. I swear, you fools would pay any price corrupt politicians demand, as long as they think.someone else foots the bill. You think some morons would start to figure things out after the mess in Minnesota. I guarantee that is chump change compared to how much of the trillions it's been in the name of covid was corruption and fraud, especially health Care spending. But hey give them trillions more, right.

Republicans should stand firm: no extensions. COVID's over, dumbasses. Then, unite to phase out government meddling in healthcare. Trump's on the right track; redirect tax dollars from insurance companies (like Democrats want) to secure personal accounts for choosing your own plan. That's free-market capitalism, the opposite of your socialism, communism, Marxism, whatever label you slap on it.

You fools think government solves everything, making you feel virtuous while it screws everyone. Democrats are lying to your faces, repaying insurance giants for their donations. Funny, I thought you hated insurance companies. Isn't one of your 'heroes' in jail for murdering a CEO in cold blood? Yet now, you're fine funneling hundreds of billions to them because Democrats say so. Same shit, different day.
 
Tobytone said:
Won't this be fun? Libtards are destroying something personal to every American: their healthcare. Just like they wrecked the economy and blame others for not instantly fixing their screw-ups, they're doing the same with healthcare. Any objective person examining Obamacare's results must admit it's a total failure. No surprise; many predicted this disaster from day one. It wasn't rocket science to see what a moronic plan it was.

You idiots probably don't even grasp what these extensions mean. We're talking massive subsidies slapped on to hide Obamacare's epic flop during COVID. Democrats wrote huge checks, using the pandemic as cover, forcing your kids and grandkids to foot the bill for healthcare, even for those earning $600,000 a year. Brilliant, and utterly predictable to anyone with a brain.

Now, these same morons claim that without extensions, millions will lose coverage because of heartless Republicans. I swear, you fools would pay any price corrupt politicians demand, as long as they think.someone else foots the bill. You think some morons would start to figure things out after the mess in Minnesota. I guarantee that is chump change compared to how much of the trillions it's been in the name of covid was corruption and fraud, especially health Care spending. But hey give them trillions more, right.

Republicans should stand firm: no extensions. COVID's over, dumbasses. Then, unite to phase out government meddling in healthcare. Trump's on the right track; redirect tax dollars from insurance companies (like Democrats want) to secure personal accounts for choosing your own plan. That's free-market capitalism, the opposite of your socialism, communism, Marxism, whatever label you slap on it.

You fools think government solves everything, making you feel virtuous while it screws everyone. Democrats are lying to your faces, repaying insurance giants for their donations. Funny, I thought you hated insurance companies. Isn't one of your 'heroes' in jail for murdering a CEO in cold blood? Yet now, you're fine funneling hundreds of billions to them because Democrats say so. Same shit, different day.
Click to expand...
Nice word salad Toby

200.webp
 
You must log in or register to reply here.
Back
Top