GOP’s Governing Failure: Higher Healthcare Premiums on the Horizon
The Congressional Budget Office (CBO) projects a significant increase in health insurance premiums for millions of Americans if the Affordable Care Act’s enhanced subsidies expire in 2026. This increase, potentially reaching an extra $700 annually per person, could result in 2.2 million more uninsured Americans in 2026, rising to nearly 4 million annually thereafter. Republicans face a difficult choice, as upholding their campaign promise to lower costs conflicts with their opposition to extending these subsidies, despite the substantial projected increase in healthcare expenses. This conflict highlights the potential political ramifications of prioritizing tax cuts over extending crucial healthcare assistance, a choice Democrats are already highlighting.
John Q. Hosedrinker