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

Illinois quick hits: Transit cliff revision criticized; Pike County shooting investigation

Illinois quick hits: Transit cliff revision criticized; Pike County shooting investigation

By Jim Talamonti | The Center SquareThe Center Square Transit cliff revision criticized With the transit fiscal cliff expected to be revised to approximately $300 million, labor and environmental groups...
Pritzker open to spending on Bears infrastructure, concerns remain about debt

Pritzker open to spending on Bears infrastructure, concerns remain about debt

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says he is open to state funding of infrastructure for a proposed Chicago Bears...
IL legislators weigh energy policy some say will increase costs

IL legislators weigh energy policy some say will increase costs

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois’ energy landscape continues to evolve as the state works to usher in industries that draw a...

NFIB says economy growing, but jobs lagging

By Brett RowlandThe Center Square The National Federation of Independent Business released it's job report Thursday afternoon noting that the federal jobs report expected Friday will likely be delayed by...
'I don't have anything to negotiate:' Johnson holds firm on GOP shutdown strategy

‘I don’t have anything to negotiate:’ Johnson holds firm on GOP shutdown strategy

By Thérèse BoudreauxThe Center Square As the government shutdown enters its second day, House Speaker Mike Johnson, R-La., defended Republican leaders’ refusal to concede to Democrats’ health care policy demands...
Analyst points to inefficiencies as Pritzker touts record spending on infrastructure

Analyst points to inefficiencies as Pritzker touts record spending on infrastructure

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – After Gov. J.B. Pritzker announced the biggest infrastructure spending plan in state history, a transportation policy director...
Federal judge blocks cuts in anti-terror funding to NYC transit

Federal judge blocks cuts in anti-terror funding to NYC transit

By Chris WadeThe Center Square A federal judge has blocked the Trump administration from withholding nearly $34 million to protect New York City's transportation system from terrorist attacks over the...
Businesses seek more time to address 'diverging interests' in tariff challenge

Businesses seek more time to address ‘diverging interests’ in tariff challenge

By Brett RowlandThe Center Square A group of small businesses that brought a legal challenge against President Donald Trump's global tariffs asked the Supreme Court for more time to argue...
Israel-Hamas peace deal in limbo as clock ticks away on deadline

Israel-Hamas peace deal in limbo as clock ticks away on deadline

By Sarah Roderick-FitchThe Center Square The clock is ticking for Hamas leaders to respond to the 20-point peace agreement proposed by President Donald Trump and approved by Israeli Prime Minister...
Trimming the fat: Trump boasts of shuttering government agencies amid shutdown

Trimming the fat: Trump boasts of shuttering government agencies amid shutdown

By Morgan SweeneyThe Center Square President Donald Trump has condemned the shutdown and laid the blame squarely at the feet of the “Radical Left Democrats”— in the meantime, he appears...
Trump freezes $18 billion in NYC infrastructure over DEI policies

Trump freezes $18 billion in NYC infrastructure over DEI policies

By Chris WadeThe Center Square The Trump administration is freezing more than $18 billion in federal funding for infrastructure projects in New York City, citing concerns about diversity, equity and...
Illinois quick hits: DHS announces more than 800 illegals arrested; utility prices drop slightly

Illinois quick hits: DHS announces more than 800 illegals arrested; utility prices drop slightly

By Jim Talamonti | The Center SquareThe Center Square Midway Blitz announces 800 illegals arrested According to the Department of Homeland Security, U.S. Immigration and Customs Enforcement and U.S. Border...
WATCH: Officials shift shutdown blame; agreed-bill process upended; GOP offers solutions

WATCH: Officials shift shutdown blame; agreed-bill process upended; GOP offers solutions

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares reaction to...
Critics: Democrat Senators supporting “Democracy’ amendment would curtail free speech

Critics: Democrat Senators supporting “Democracy’ amendment would curtail free speech

By Bethany BlankleyThe Center Square Every Democrat in the U.S. Senate has backed a constitutional amendment designed to overturn the U.S. Supreme Court decision in Citizens United v. Federal Election...
LA skyscrapers for homeless could cost federal taxpayers over $1 billion

LA skyscrapers for homeless could cost federal taxpayers over $1 billion

By Kenneth SchruppThe Center Square Federal taxpayers might be on the hook for more than $1 billion over the lifetime of three downtown Los Angeles skyscrapers designed to house the...