A health care proposal, presumably from the White House, is circulating in Congress seeking Republican approval. The enhanced Affordable Care Act (ACA) premium subsidies will expire at year-end, and the POTUS seems bent on extending them for two more years.
Trump was supposed to announce an important health care measure at the start of the week, but his pitch faced resistance from hard-line conservative GOP members. The ACA, a.k.a. Obamacare, has had enhanced subsidies in place since the COVID-19 pandemic. If they expire next month, millions of Americans will experience financial pain. The out-of-pocket premiums for the average subsidized enrollee would more than double.
