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

Bill to tax global profits from Illinois meets opposition protesting 'double tax'

Bill to tax global profits from Illinois meets opposition protesting ‘double tax’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Multinational corporations that do business in Illinois would be taxed more to fund public education under a...
Analysis finds short-term stability, lack of long-term growth in state budget

Analysis finds short-term stability, lack of long-term growth in state budget

By Sean Reed | The Center SquareThe Center Square (The Center Square) – New analysis of the proposed Illinois budget for the coming year revealed the spending plan to be...

WATCH: Let’s Go Washington launching initiative to repeal income tax

By Carleen JohnsonThe Center Square Let’s Go Washington on Friday announced they have received their initiative ballot titles from the office of Washington State Attorney General Nick Brown, as the...
Ferguson first WA governor found in violation of ethics laws in over 30 years, state website shows

Ferguson first WA governor found in violation of ethics laws in over 30 years, state website shows

By Tim ClouserThe Center Square Gov. Bob Ferguson is the first Washington governor in more than 30 years to be found in violation of the state's executive ethics law, according...
Court strikes tariff, Trump moves ahead with replacement

Court strikes tariff, Trump moves ahead with replacement

By Brett RowlandThe Center Square President Donald Trump's administration signaled Friday it intends to appeal a federal trade court's ruling striking down his 10% global tariff as unlawful, while simultaneously...
North Dakota Supreme Court sides with Energy Transfer in Greenpeace fight over Dutch lawsuit

North Dakota Supreme Court sides with Energy Transfer in Greenpeace fight over Dutch lawsuit

By Tom JoyceThe Center Square The North Dakota Supreme Court ruled this week that Greenpeace International cannot keep pursuing most of its lawsuit against Energy Transfer in the Netherlands as...
SNAP cuts, Illinois payment errors spark fierce debate

SNAP cuts, Illinois payment errors spark fierce debate

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A Democratic state senator says the federal government is to blame for 150,000 Illinoisans losing Supplemental Nutrition...
Op-Ed: Keeping local leaders happy isn’t worth the housing cost

Op-Ed: Keeping local leaders happy isn’t worth the housing cost

By Christina Sandefur and LyLena D. EstabineThe Center Square Chicago rents have soared to historic highs, but in Phoenix they’re falling. The reason? A greater housing supply. In 2024, Arizona...
Apollo, Gemini sightings revealed in first UAP file drop

Apollo, Gemini sightings revealed in first UAP file drop

By Sarah Roderick-FitchThe Center Square The long-anticipated Unidentified Anomalous Phenomena (UAP) or Unidentified Flying Object (UFO) files have been released by the federal government, showing images and descriptions of unexplained...
Beecher Softball ladycats

Norkus Shines in Pitcher’s Duel as Beecher Edges Ottawa 1-0

In a defensive masterclass on Thursday, the Beecher varsity softball team secured a narrow 1-0 victory over Ottawa in a non-conference matchup. Beecher pitcher Taylor Norkus was the story of...
BREAKING: GOP turns to Congress after Minnesota Dems block Omar subpoena

BREAKING: GOP turns to Congress after Minnesota Dems block Omar subpoena

By Elyse ApelThe Center Square Minnesota House Republicans want help from U.S. congressional oversight leaders after Democrats on a state committee blocked an effort to subpoena U.S. Rep. Ilhan Omar...
U.S. economy adds 115,000 jobs in April

U.S. economy adds 115,000 jobs in April

By Brett RowlandThe Center Square The U.S. economy added 115,000 jobs in April, about double what economists had forecast, while the unemployment rate held steady at 4.3%, the Bureau of...
Illinois weighing a ban on sale of some smoke detectors over safety concerns

Illinois weighing a ban on sale of some smoke detectors over safety concerns

By Sean Reed | The Center SquareThe Center Square (The Center Square) – With long-living smoke detectors on the market and required to be installed in Illinois, public safety officials...
Illinois Quick Hits: General Assembly leaders promise budget transparency

Illinois Quick Hits: General Assembly leaders promise budget transparency

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois House Speaker Emanuel “Chris” Welch, D-Hillside, and Senate President Don Harmon, D-Oak Park, say more than...
Justice Department agrees to appearance waiver for Comey

Justice Department agrees to appearance waiver for Comey

By Alan WootenThe Center Square Former FBI Director James Comey on Thursday requested his appearance in a North Carolina federal court be canceled, and the U.S. Department of Justice gave...