The Latest Breaking News from ACA

Shares of major health insurers slid Monday as investors reacted to a Senate deal that ended the 40-day U.S. government shutdown but failed to extend subsidies under the Affordable Care Act (ACA).

A handful of candidates criticized Senate Majority Leader Charles E. Schumer, even though he opposed the agreement, with some calling for him to step down.

Donald Trump announced he’ll end Obamacare by sending people the money himself. What he doesn’t mention is that Americans will still need to buy insurance for healthcare. And from the same companies he’s cutting out.

Treasury Secretary Scott Bessent said on Sunday that he has not seen any formal plan from the White House to replace the Affordable Care Act or Obamacare, even as President Donald Trump urges Republicans to scrap the law and redirect its funding "into the pockets of the American people."

The breakthrough comes as Transportation Secretary Scott Duffy has issued dire warnings about air travel ahead of Thanksgiving.

"While a relatively small share of the national population gets their coverage through the ACA Marketplaces, in some districts, the number of ACA enrollees could be enough to swing a close election."

Amid a historic government shutdown, some senators on Capitol Hill are working this weekend on an unpopular bill

"We will evaluate in good faith any bipartisan agreement that emerges from the Senate," Hakeem Jeffries said.

President Trump wants to talk with Democratic lawmakers about the Affordable Care Act, but an election year would complicate negotiations.

The two-year ACA tax credit extension would include an income cap and reforms to prevent waste and fraud.

With open enrollment for Affordable Care Act coverage in full swing, experts are warning that Congress may have run out of time to implement the health policy changes Republicans are demanding. As both parties remain locked in a budget standoff, millions of Americans could soon face higher premiums and reduced…