Senate blocks plan to continue Obamacare subsidies after this month
The
Covid-era credits for people with Obamacare-inspired health care policies will expire at the end of this month. That is likely to mean an increase averaging about 97% for Californians who now have those policies.
A Republican alternative was also thwarted. All 47
The debate was largely a parade of senators accusing the other party of acting irresponsibly.
“Don’t let health coverage lapse for millions of Americans. This isn’t a game. We’re three weeks away from the catastrophic spike of cost in health insurance for so many,” said Padilla, D-
Yes we do, countered Senate Majority
“They want to send taxpayer dollars directly from the federal treasury to insurance companies to prop up Obamacare,” he told
The
Eligible would be people who earn less than 700% of poverty level, or
“Republicans want to put MORE money in your pocket so your family can afford health care.
Senate Minority Leader
“They used scotch tape and glue to come up with this ridiculous proposal that can’t be taken seriously. The Republican plan does nothing—nothing—to extend the tax credits for even a day,” he said.
©2025 The Sacramento Bee. Visit sacbee.com. Distributed by Tribune Content Agency, LLC.


Bitcoin Price Fights For $90,000 Despite Fed Rate Cuts
Highmark Inc. and Blue KC Announce Affiliation Agreement
Advisor News
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
- Are families ready for the costs of aging at home?
More Advisor NewsAnnuity News
- A client remarried: Does their annuity still fit?
- Gen X and millennials seek new retirement model
- Global Atlantic names Dan Farrelly head of IMO and IBD channels
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
More Annuity NewsHealth/Employee Benefits News
Life Insurance News