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

U.S.-EU trade deal includes ceiling for European pharmaceutical imports

U.S.-EU trade deal includes ceiling for European pharmaceutical imports

By Morgan SweeneyThe Center Square The European Union has escaped a potential 250% pharmaceutical tariff and instead has secured a maximum 15% levy with the U.S. according to a joint...
Supreme Court allows Trump to block DEI funding

Supreme Court allows Trump to block DEI funding

By Andrew RiceThe Center Square The U.S. Supreme Court, in a 5-4 decision on Thursday, allowed President Donald Trump to cut hundreds of millions of dollars in federal research grants....
Trump to probe Smithsonian museums for 'woke' ideology

Trump to probe Smithsonian museums for ‘woke’ ideology

By Andrew RiceThe Center Square President Donald Trump has promised to crack down on “woke” ideas promoted in museums across the United States, including the federally funded Smithsonian museums in...
Director: Nation’s largest outdoor ag show brings economic impact to central IL

Director: Nation’s largest outdoor ag show brings economic impact to central IL

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The nation’s largest outdoor agricultural show is set for next week in Central Illinois. The Farm Progress...
Personnel cuts to national intelligence office will save taxpayers $700 million

Personnel cuts to national intelligence office will save taxpayers $700 million

By Thérèse BoudreauxThe Center Square The Office of the Director of National Intelligence is set to undergo a massive overhaul and cut 40% of its workforce, continuing the Trump administration’s...
Redistricting would split cities, counties throughout CA

Redistricting would split cities, counties throughout CA

By Dave MasonThe Center Square Lodi, a Northern California city of 66,000 people, will be divided among three congressional districts if a Democratic Party-backed redistricting map goes into effect. And...
Pritzker: Fair maps in Illinois would be 'disarming' to Democrats

Pritzker: Fair maps in Illinois would be ‘disarming’ to Democrats

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says Democrats would be “disarming” if they agreed to fair maps state by...
NY appeals court overturns Trump's civil fraud penalty

NY appeals court overturns Trump’s civil fraud penalty

By Chris WadeThe Center Square A New York appeals court has tossed out a $454 million civil fraud verdict against Donald Trump and his family business over charges he broke...
Casey Police Graphic Logo

Casey Police Department to Add New Officer

Article Summary: The Casey Police Department will soon have a new officer on its roster after the City Council unanimously approved the hiring of Tommy Starks. The approval follows a...
States sue over Victims of Crime Act grant funding

States sue over Victims of Crime Act grant funding

By Elyse ApelThe Center Square Colorado Attorney General Phil Weiser has joined a 20-state coalition and Washington, D.C., suing the Trump administration over restrictions it has put on Victims of...
White House backs off hefty EU tariff threats, EU eliminates industrial tariffs

White House backs off hefty EU tariff threats, EU eliminates industrial tariffs

By Caroline BodaThe Center Square After striking a framework trade deal with the European Union in July, the White House added more details to what the agreement entails Thursday. Most...
Home sales up 2% in July as prices stayed nearly flat

Home sales up 2% in July as prices stayed nearly flat

By Brett RowlandThe Center Square Home sales increased 2% last month after a lackluster spring selling season as prices cooled. Existing-home sales increased by 2% in July, according to a...
Parents who lost daughters at Camp Mystic: Their deaths were '100% preventable'

Parents who lost daughters at Camp Mystic: Their deaths were ‘100% preventable’

By Bethany BlankleyThe Center Square Parents who lost their daughters from flood waters at Camp Mystic said their deaths were “100% preventable” and asked the legislature to implement mandatory safety...
Illinois quick hits: COVID fraud indictments issued; man sentenced for mailing fentanyl

Illinois quick hits: COVID fraud indictments issued; man sentenced for mailing fentanyl

By Jim Talamonti | The Center SquareThe Center Square COVID fraud indictments issued A federal grand jury has indicted four Chicago-area individuals accused of fraudulently obtaining millions of dollars in...
Trump defunds California sex ed program over 'gender ideology'

Trump defunds California sex ed program over ‘gender ideology’

By Andrew RiceThe Center Square The Trump administration terminated a federal grant that provided funding for sex education classes in California. The federal government terminated the Personal Responsibility Education Program,...