Illinois congressman hails health care win, experts question Senate path, costs

Illinois congressman hails health care win, experts question Senate path, costs

Spread the love

(The Center Square) – An Illinois congressman praised a bipartisan House vote extending enhanced Affordable Care Act subsidies, framing the legislation as a victory for families facing rising health care costs.

U.S. Rep Eric Sorensen, D-Rockford, posted a video to social media as he walked off the House floor.

“We just successfully passed bipartisan legislation to prevent health care costs from skyrocketing,” said Sorensen.

The measure extends expanded ACA premium tax credits first enacted during the COVID-19 pandemic, which lower out-of-pocket insurance costs for enrollees. According to the Congressional Budget Office, however, extending those subsidies comes with a significant price tag.

The CBO estimates the policy would cost taxpayers roughly $30 billion per year, a figure not mentioned in Sorensen’s remarks.

Sorensen pointed to past budget standoffs as evidence that the vote marked a shift in Washington’s approach to health care policy.

“You remember the government shut down last year because House Republicans refused to work with Democrats on a solution to lower health insurance premiums for millions of Americans,” he said.

William McBride, chief economist at the Tax Foundation, told TCS higher subsidies can actually push costs higher by increasing demand and masking inefficiencies in ACA plans and exchange, costs that ultimately fall on consumers.

Despite the House vote, economists say the bill’s future remains uncertain. McBride noted the subsidy extension could be bundled into broader negotiations to avoid a government shutdown at the end of January. Even then, he said, it is unclear whether the measure could win the 60 votes needed in the Senate, where concerns over the long-term taxpayer cost of the subsidies remain a significant hurdle.

Senator Bernie Moreno, R-OH, told reporters the House’s work product is dead on arrival.

“What the House is going to pass tomorrow will not pass in the United States Senate. It probably wouldn’t be put on the floor, because why waste floor time on something we’ve already considered?” said Moreno in a gaggle.

“After weeks of speaking out against Republican plans to kick people off of their health insurance, we won to deliver affordable health care for families across the country,” Sorensen said following passage of the bill.

Sorensen pointed to the House vote as evidence that sustained public engagement can influence policy outcomes.

“What this vote today demonstrates is that your voice matters,” he said, urging constituents to continue contacting their elected officials.

The legislation would extend enhanced ACA tax credits for three years, at an estimated taxpayer cost of about $90 billion, based on CBO projections cited by McBride. As lawmakers head into budget talks later this month, questions remain over whether the Senate will act on the measure, and how its cost would ultimately be financed.

###

Leave a Comment





Latest News Stories

Arizona congressman backs bill protecting ICE agents

Arizona congressman backs bill protecting ICE agents

By Chris WoodwardThe Center Square U.S. Rep. Abe Hamadeh wants to protect ICE agents. The Arizona congressman is among a handful of House representatives, all of them Republicans, to introduce...
Northwestern president steps down amid federal funding cuts

Northwestern president steps down amid federal funding cuts

By Esther WickhamThe Center Square Northwestern University President Michael Schill resigned this week amid the federal funding freeze by the Trump administration. Schill has served as the 17th president of...
Feds sue Southern California Edison over Eaton, Fairview fires

Feds sue Southern California Edison over Eaton, Fairview fires

By Dave MasonThe Center Square The U.S. Department of Justice is suing electric utility company Southern California Edison for tens of millions of dollars over the devastating Eaton and Fairview...

WATCH: Trump renames DOD to ‘Department of War’

By Morgan SweeneyThe Center Square What’s in a name? Military victories, according to the Trump administration. The Department of Defense is reverting to its old name – the Department of...
Push to ban stock trading by Congress follows IL rep’s reported violations

Push to ban stock trading by Congress follows IL rep’s reported violations

By Jim TalamontiThe Center Square After an Illinois congressman reportedly broke the law with late disclosures of stock trades, another member of the state’s delegation is urging colleagues to prohibit...
Federal judge strikes down New Hampshire's DEI ban

Federal judge strikes down New Hampshire’s DEI ban

By Chris WadeThe Center Square A federal judge in New Hampshire has temporarily blocked a state law targeting diversity, equity and inclusion programs in public schools. The ruling issued Thursday...
Illinois quick hits: Giannoulias orders village to stop sharing data with CBP

Illinois quick hits: Giannoulias orders village to stop sharing data with CBP

By Jim Talamonti | The Center SquareThe Center Square License plate camera data Illinois Secretary of State Alexi Giannoulias has ordered the Village of Forest Park and Motorola Solutions to...
CA, Delaware attorneys general concerned about OpenAI

CA, Delaware attorneys general concerned about OpenAI

By Dave MasonThe Center Square California Attorney General Rob Bonta is investigating OpenAI after parents blamed the company for their teenage son’s suicide in a lawsuit. Bonta’s office said the...
New York AG to appeal ruling tossing Trump's $454M civil fraud penalty

New York AG to appeal ruling tossing Trump’s $454M civil fraud penalty

By Chris WadeThe Center Square New York Attorney General Letitia James will appeal a ruling that tossed out the half-billion-dollar penalty against President Donald Trump as part of the guilty...
Chevron petitons Supreme Court to move lawsuits to federal court

Chevron petitons Supreme Court to move lawsuits to federal court

By Nolan MckendryThe Center Square Chevron and other oil companies say parish lawsuits over World War II-era oil work belong in federal not state court because the companies were assisting...
Business leaders eye immigration reform

Business leaders eye immigration reform

By Andrew RiceThe Center Square A majority of Americans are calling for increased legal pathways for immigrants to work in and live in the United States across various job sectors,...
Trump defends handling of Epstein controversy, says GOP doing 'legendary' job

Trump defends handling of Epstein controversy, says GOP doing ‘legendary’ job

By Thérèse BoudreauxThe Center Square With rumors swirling around the connections of convicted sex offender Jeffrey Epstein, President Donald Trump expressed frustration Friday that demands for the administration to declassify...
In-home care rule change proposal generates more than 1,500 responses

In-home care rule change proposal generates more than 1,500 responses

By Alan WootenThe Center Square More than 1,500 responses were generated by Independent Women in support of reversing 2013 changes helping make in-home care more affordable and accessible to seniors....
Polis calls for return of Victims of Crime Act grant funding

Polis calls for return of Victims of Crime Act grant funding

By Elyse ApelThe Center Square Colorado Gov. Jared Polis is calling for the Trump administration to end restrictions it has put on Victims of Crime Act grants. The funding in...
Billions in investment, thousands of jobs coming to RGV from LNG facility, pipeline

Billions in investment, thousands of jobs coming to RGV from LNG facility, pipeline

By Bethany BlankleyThe Center Square (The Center Square ) – Billions of dollars worth of investment and thousands of jobs are coming to the Rio Grande Valley (RGV) after Liquified...