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

Govt. funding bills pass House on razor-thin margins, head to Trump's desk

Govt. funding bills pass House on razor-thin margins, head to Trump’s desk

By Thérèse BoudreauxThe Center Square The U.S. House passed a critical government funding package along bipartisan lines in a nail-biter Tuesday vote, sending it to the president’s desk. Once President...
DOJ announces more arrests in St. Paul church protest, nine total

DOJ announces more arrests in St. Paul church protest, nine total

By Elyse ApelThe Center Square Federal officials have made nine arrests in connection with a protest that disrupted a Sunday morning church service in St. Paul on Jan. 18. That...

WATCH: Dems call for Noem’s impeachment, dismantling DHS

By Emily Rodriguez and Andrew RiceThe Center Square A coalition of Democrat lawmakers called for the impeachment of Kristi Noem, the U.S. Department of Homeland Security secretary, on Tuesday. The...
WATCH: Los Angeles area robotics team starts 25th season

WATCH: Los Angeles area robotics team starts 25th season

By Esther WickhamThe Center Square Culver City High School’s California-based robotics team - known as the Bagel Bytes - has begun its 25th season of competition with this year's challenge...
Miller: Illinois ‘dragging its feet’ on voter rolls as election nears

Miller: Illinois ‘dragging its feet’ on voter rolls as election nears

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Congresswoman Mary Miller, R-Oakland, slammed the Illinois State Board of Elections on Monday for what she...
Illinois Quick Hits: Pritzker wants to extend pension buyout program

Illinois Quick Hits: Pritzker wants to extend pension buyout program

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – With Illinois’ unfunded public sector pension liability hovering around $140 billion, Gov. J.B. Pritzker has proposed an...
Dems fail in first try to use ‘state sovereignty’ to ‘veto’ ICE

Dems fail in first try to use ‘state sovereignty’ to ‘veto’ ICE

By Jonathan Bilyk | Legal NewslineThe Center Square As a federal judge in Chicago prepares to hear Illinois' and Chicago's lawsuit seeking to all but halt ICE and Border Patrol...
Illinois Quick Hits: McIntyre back as inspector general for DCFS

Illinois Quick Hits: McIntyre back as inspector general for DCFS

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker has reappointed Ann McIntyre to continue serving as inspector general for the Illinois Department...
Lawmakers discuss budget, spending, tax credits as Illinois Senate returns

Lawmakers discuss budget, spending, tax credits as Illinois Senate returns

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Senate Appropriations Committee chair says greater federal scrutiny of state government spending will not change...
IL lawmakers push discount drug legislation to prevent restricted access

IL lawmakers push discount drug legislation to prevent restricted access

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois lawmakers are pushing an amendment to ban restrictions or interference with a federal discount drug program....
Chicago downtown office space vacancy rate ends year at record high levels

Chicago downtown office space vacancy rate ends year at record high levels

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – Wirepoints Executive Editor Mark Glennon warns Chicago’s dwindling business community could be riding into high-gear after...
Gregory A. Williams

Bolingbrook man charged after bringing loaded gun to Will County Courthouse

JOLIET – A Bolingbrook man is facing multiple felony charges after security officers discovered a loaded firearm in his possession at the Will County Courthouse last Tuesday. On the morning of...
Traffic Alert Graphic

Traffic Alert: Wolf Road water repairs rescheduled for Tuesday

MOKENA – Drivers traveling through Mokena should prepare for delays on Wolf Road tomorrow, as village officials have rescheduled planned water system repairs. The Village of Mokena announced that the infrastructure...
Ex-Illinois candidate sides with Vance after Duckworth–Rubio clash

Ex-Illinois candidate sides with Vance after Duckworth–Rubio clash

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – U.S. Sen. Tammy Duckworth, D-Illinois, is facing fresh criticism after Vice President J.D. Vance likened her...
Illinois Quick Hits: Judge rules Cook County misspent $243M

Illinois Quick Hits: Judge rules Cook County misspent $243M

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A circuit court judge has ruled that Cook County spent $243 million in violation of the Illinois...