House votes to revive Obamacare funds
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The House passed a bill extending COVID-19 Obamacare subsidies after Republicans broke ranks, dealing a blow to Speaker Johnson amid a razor-thin majority.
Enhanced Obamacare subsidies used by more than 20 million Americans expired Thursday, driving up monthly insurance premiums for millions of households.
President Barack Obama signed The Affordable Care Act, aka Obamacare, in 2010 without a single Republican vote in the House
Bipartisan senators believe they may be nearing a proposal to extend expired Obamacare subsidies as Sens. Susan Collins, R-Maine, and Bernie Moreno, R-Ohio, lead negotiations.
With the expiration date of subsidies for ObamaCare recipients rapidly approaching and health care premiums already skyrocketing, President Trump and his Republican allies are again scrambling to figure out what to do about the Affordable Care Act.
The end of enhanced subsidies could leave insured Americans footing unpaid bills as many forgo coverage over higher premiums.