Democrats' CR could cost up to $1.4 trillion, add millions to Obamacare plans

Democrats’ CR could cost up to $1.4 trillion, add millions to Obamacare plans

Democrats’ plan to prevent a government shutdown could cost the federal government up to $1.4 trillion and subsidize millions of new Obamacare recipients over the next decade.

With the federal government set to run out of money by Oct. 1, Republicans are set to vote on a clean Continuing Resolution to put agency funding essentially on cruise control for seven weeks, buying lawmakers time to pass all 12 annual appropriations bills for fiscal year 2026.

Democratic leaders, however, introduced a counterproposal Wednesday that goes far beyond temporarily extending government funding.

The laundry list of policy riders in Democrats’ four-week CR includes repealing the health care savings in Republicans’ recently-passed One Big Beautiful Bill Act and nullifying recent fiscal reforms to government-sponsored health insurance marketplaces. The bill would also permanently extend the temporary COVID-19 era expansion of Obamacare Premium Tax Credits, which are set to expire in December.

According to an estimate from the Congressional Budget Office, those three health care policy changes alone would cost roughly $662 billion over the next ten years. Reversing the health care changes in the OBBBA would cost $272 billion, while undoing Affordable Care Act marketplace changes would cost $40 billion. Permanently extending the expanded Obamacare PTC would increase the deficit by $350 billion.

The Committee for a Responsible Federal Budget estimates that the entire CR would cost the government roughly $1.4 trillion between 2026-2035. CRFB President Maya MacGuineas said the bill should be “a complete non-starter.”

“Lawmakers should be focused on keeping the government open, not driving it deeper into debt,” MacGuineas stated Thursday. “It’s bad enough we are failing yet again to meet the most basic deadline in budgeting by not appropriating on time. We don’t need to add insult to injury by imposing massive new costs on our kids and grandkids.”

Democrats argue that the CR addresses cost of living concerns and protects health care. CBO has estimated that making the Obamacare PTC permanent would increase the number of people with ACA-subsidized health insurance plans by 3.8 million in 2035, while scrapping OBBBA reforms would boost the number of people with health insurance by 2.9 million.

But Republicans say health care policy should be addressed later, not through government shutdown prevention bills. Senate Majority Whip John Barrasso, R-Wyo., called the plan “a Trojan horse” in a Thursday speech to lawmakers.

“It’s not serious, and the Democrats know it,” Barrasso said. “The Democrats want a ransom payment – a ransom payment of over one trillion dollars to keep the government open for just four weeks.”

Events

No events

Leave a Comment





Latest News Stories

beecher ilinois school board graphic.3

Beecher School Board Approves Amended Budget, New Staff Hires

Article Summary: The Beecher Board of Education unanimously approved the Fiscal Year 2025 amended budget following a brief public hearing with no comment from the public. The board also approved...
Meeting-Briefs

Meeting Summary and Briefs: Beecher Board of Education for May 14, 2025

The Beecher Board of Education appointed a new member, approved over $88,000 in major infrastructure repairs for the high school, and took formal disciplinary action against an employee during its...
washington township graphic.1

Washington Township Tables Decision on $11,000+ Security Upgrade, Seeks More Details

Article Summary: The Washington Township Board of Trustees has deferred a decision on a significant security system overhaul, citing the need to clarify key differences between two bids from TK...
washington township graphic.2

Washington Township Approves $2,500 in Sponsorships for Beecher EMS, July 4th Celebration

Article Summary: The Washington Township Board unanimously approved two community sponsorships totaling $2,500, continuing its financial support for the Village of Beecher's Emergency Management Agency (EMA) and the annual 4th...
washington township graphic.3

Washington Township to Continue Annual Senior Breakfast Amid Post-COVID Attendance Changes

Article Summary: Following a discussion about lower-than-historic attendance at its recent Senior Breakfast, the Washington Township Board decided to maintain one breakfast event per year. The board concluded that the...
Meeting-Briefs

Meeting Summary and Briefs: Washington Township Board of Trustees for May 5, 2025

The Washington Township Board of Trustees paused a decision on a major security upgrade, approved community sponsorships, and discussed the future of its senior events at its meeting on Monday,...
Screenshot 2025-05-04 at 3.03.49 PM

County Approves $4.3 Million Purchase of Wetland Banking Credits for Highway Projects

The Will County Public Works and Transportation Committee has approved an agreement to purchase wetland banking site credits for $4,324,550 from V3 Wetland Restoration LLC to support future county highway...
Meeting-Briefs

Meeting Summary and Briefs: Beecher Fire Protection District Board of Trustees for March 20, 2025

The Beecher Fire Protection District is preparing for changes in its leadership and staffing after the Board of Trustees on March 20 approved the creation of a new Lieutenant position....
Beecher Fire Protection District graphic.1

Beecher Fire District to Hire New Lieutenant, Approves Updated Appointment Process

Article Summary: The Beecher Fire Protection District Board of Trustees has authorized the creation of a new Lieutenant position and will begin accepting applications at the end of March. The...
Screenshot 2025-05-04 at 2.01.41 PM

Labor Representative Addresses County Committee on Public Transportation Reform Efforts

JOLIET — A labor representative warned Will County officials Thursday that proposed reforms to regional public transportation governance could diminish the county's voice in transit decisions during a presentation to...
Screenshot 2025-05-04 at 2.01.41 PM

Committee Advances $1.7 Million Upgrade Plan for River Valley Juvenile Detention Center

JOLIET — The Will County Executive Committee voted Thursday to advance a $1.7 million proposal to upgrade the River Valley Juvenile Detention Center rather than pursuing costlier alternatives to house...
Screenshot 2025-05-04 at 2.01.41 PM

County Executive Committee Briefs: Transportation Program Expands, Ordinances Updated

Mobility Management Program Expands to Three Townships: The Executive Committee approved an intergovernmental agreement to expand the Will County Mobility Management Program to include Channahon, Manhattan, and Plainfield townships. The...
Screenshot 2025-05-04 at 2.01.41 PM

County Executive Committee Advances Elected Officials’ Pay Increases After Extended Debate

The Will County Executive Committee voted Thursday to advance a proposal for pay increases for countywide elected officials and county board members, setting the stage for a final vote at...
Screenshot 2025-05-04 at 2.01.41 PM

County Considers Bond Refinancing That Could Save Millions

JOLIET — Will County officials on Thursday discussed a potential bond refinancing opportunity that could save the county approximately $3.6 million in debt service costs by taking advantage of favorable...
Screenshot 2025-05-04 at 2.14.20 PM

Will County Ordinance Committee Briefs: Unanimous Votes for Proclamations, Title Changes, Audits Discussed

Committee Clarifies Unanimous Vote Requirement for Honorary Proclamations: The Ordinance Committee refined language in Chapter 30 regarding honorary proclamations, specifying that they shall be allowed "only by unanimous vote" of...