Congress Fails to Renew Obamacare Subsidies, Premiums Face Surge
Lawmakers from both parties failed to reach an agreement on Obamacare subsidies, which are set to expire, leading to potential price hikes for millions of Americans. While Democrats and Republicans proposed separate plans, neither advanced. However, bipartisan efforts are underway, with the House considering a three-year extension of the subsidies. Despite this, some Republicans oppose a simple extension, citing concerns about cost and the need for reforms.
John Q. Hosedrinker