Monday, February 9, 2026
11.1 C
New Delhi

Republicans plan to let Obamacare subsidies lapse, threatening coverage for 24 million Americans

Republicans plan to let Obamacare subsidies lapse, threatening coverage for 24 million Americans

US House Speaker Mike Johnson said the House of Representatives would not vote to extend the enhanced tax credits for Obamacare, leaving more than 22 million Americans at risk of losing their health insurance. He added that instead the GOP planned to introduce its own health care legislation, as Senate Republicans prepared to vote on their own plan on Thursday.Johnson told reporters, “In the coming days, what you’re going to see is the other party, the Republican Party, continuing to do the important work that we’ve already begun to actually lower the cost of health care and reduce fraud.” He went on, “Democrats won’t, remember, they don’t actually want to fix this problem,” and said, “But you’re going to see a package come together that’ll be on the floor next week.”Anywhere between 22 million and 24 million Americans receive their health insurance through the Affordable Care Act’s health insurance marketplace. In 2021, the Biden administration expanded tax credits for the marketplace during the Covid-19 pandemic. The 2022 Inflation Reduction Act extended the subsidies for an additional three years until the end of this month.On Thursday, Senate Republicans were set to vote on legislation by Senators Bill Cassidy (R-La.) and Mike Crapo (R-Idaho). The bill would transfer some of the subsidy money into health savings accounts to purchase bronze or catastrophic health care plans and would ban the funds from being used for abortions or gender transition care. It would also prevent transition care from being deemed an essential health benefit for plans sold on the ACA marketplace and bar Medicaid from covering either service. Republican leaders had previously attempted to insert similar language in the One Big, Beautiful Bill, but it failed.The plan faced significant opposition in the Senate, where Democrats almost uniformly opposed the legislation and 60 votes would be required to advance it. “I mean, if the Senate can’t move something with 60 votes, I mean, that seems to be an even bigger problem,” Representative Dusty Johnson of South Dakota told The Independent.Senator Susan Collins said she was still examining the specifics of the Cassidy-Crapo proposal, and Senator Lisa Murkowski added, “A lot of us still have questions about implementation of some of it, but I think it’s important that the Republicans are hopefully going to be putting a plan out You need one.”Meanwhile, many House Republicans, including Representative Marjorie Taylor Greene of Georgia, criticised Johnson for not producing a plan to prevent premiums from doubling or even tripling for their constituents. Health care was one of a number of pressing items for the GOP, which controls both the House and the Senate. Congress must also pass its annual defence bill, the National Defence Authorisation Act, before the end of the year, and will again vote on legislation to keep the govt open at the end of January.

Go to Source

Hot this week

Garena Free Fire Max Redeem Codes (February 9): Act Fast To Grab Skins, Diamonds, More For Free

Show Quick Read Key points generated by AI, verified by newsroom Garena Free Fire Max Redeem Codes Today: Garena Free Fire Max is still one of the most loved action games among Indian players. Read More

Hong Kong to sentence media mogul Jimmy Lai in national security trial

Hong Kong media tycoon Jimmy Lai (AP Photo) HONG KONG: Hong Kong pro-democracy media tycoon Jimmy Lai will be sentenced on Monday over national security crimes that could see him jailed for life, with some rights groups and Western Read More

Meghan Markle Stuns In Harbison Studio Gown At Fifteen Percent Pledge Gala

Meghan Markle turns heads in a strapless Harbison Studio gown and velvet shawl at the Fifteen Percent Pledge Gala, embracing sleek, old Hollywood elegance. Read More

Nita Ambani Styles Tweed Blazer And Furry Jacket For Back-to-Back IOC Looks

From blazers to brooches, Nita Ambani delivers polished winter fashion at the IOC with Chanel tailoring and elegant jewellery. Read More

Kerala Lottery Result Today Live: Bhagyathara BT-40 Winning Numbers For February 9, 2026; First Prize Rs 1 Crore

Kerala Lottery Result Today: Bhagyathara BT-40 lottery result will be declared today, on Monday, February 9. Check the live updates and full list of winning numbers from 3 pm. Read More

Topics

Garena Free Fire Max Redeem Codes (February 9): Act Fast To Grab Skins, Diamonds, More For Free

Show Quick Read Key points generated by AI, verified by newsroom Garena Free Fire Max Redeem Codes Today: Garena Free Fire Max is still one of the most loved action games among Indian players. Read More

Hong Kong to sentence media mogul Jimmy Lai in national security trial

Hong Kong media tycoon Jimmy Lai (AP Photo) HONG KONG: Hong Kong pro-democracy media tycoon Jimmy Lai will be sentenced on Monday over national security crimes that could see him jailed for life, with some rights groups and Western Read More

Meghan Markle Stuns In Harbison Studio Gown At Fifteen Percent Pledge Gala

Meghan Markle turns heads in a strapless Harbison Studio gown and velvet shawl at the Fifteen Percent Pledge Gala, embracing sleek, old Hollywood elegance. Read More

Nita Ambani Styles Tweed Blazer And Furry Jacket For Back-to-Back IOC Looks

From blazers to brooches, Nita Ambani delivers polished winter fashion at the IOC with Chanel tailoring and elegant jewellery. Read More

Kerala Lottery Result Today Live: Bhagyathara BT-40 Winning Numbers For February 9, 2026; First Prize Rs 1 Crore

Kerala Lottery Result Today: Bhagyathara BT-40 lottery result will be declared today, on Monday, February 9. Check the live updates and full list of winning numbers from 3 pm. Read More

FDCI India Men’s Weekend Day 2: A Contemporary Tale Of Traditional Crafts

Craft, couture and culture turned showstoppers on Day 2 of House of Glenfiddich presents FDCI India Men’s Weekend. Read More

Sweet Escapes: 5 Indian Cities To Celebrate Chocolate Day

Whether you crave dark, milk, white, or exotic fruit-infused varieties, these destinations promise to satisfy your chocolate cravings. Read More

Related Articles