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

Trump sues the IRS for $10 billion

Trump sues the IRS for $10 billion

By Morgan SweeneyThe Center Square President Donald Trump, his eldest two sons and the Trump organization have filed a lawsuit against the IRS, seeking at least $10 billion in damages...
Walz, Ellison to appear before House Oversight Committee

Walz, Ellison to appear before House Oversight Committee

By Sarah Roderick-FitchThe Center Square Amid allegations of widespread fraud in Minnesota, the U.S. House Oversight Committee said Friday that Minnesota Gov. Tim Walz and Attorney General Keith Ellison will...
BREAKING: Don Lemon arrested for involvement in church attack

BREAKING: Don Lemon arrested for involvement in church attack

By Elyse ApelThe Center Square Federal officials announced another series of arrests in connection with a protest that disrupted a Sunday morning church service in St. Paul on Jan. 18....
Lawmaker calls Pretti shooting an injustice, points to NRA statement as validation

Lawmaker calls Pretti shooting an injustice, points to NRA statement as validation

By Catrina BarkerThe Center Square In a video circulating on social media, Illinois state Rep. Bob Morgan seized on comments from the National Rifle Association regarding the controversial shooting of...
DOJ to release more than 3 million Epstein documents Friday

DOJ to release more than 3 million Epstein documents Friday

By Andrew RiceThe Center Square The U.S. Department of Justice will release three million documents related to convicted sex offender Jeffrey Epstein throughout the day on Friday, according to a...
WATCH: Commission meets as Chicago mayor seeks to prosecute ICE; SNAP changes Sunday

WATCH: Commission meets as Chicago mayor seeks to prosecute ICE; SNAP changes Sunday

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square's Greg Bishop shares some of the...
Illinois Quick Hits: Unemployment up over last year

Illinois Quick Hits: Unemployment up over last year

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – According to preliminary figures from the U.S. Bureau of Labor Statistics, Illinois’ statewide unemployment rate for December...
Trump taps Kevin Warsh as next Fed chair

Trump taps Kevin Warsh as next Fed chair

By Sarah Roderick-FitchThe Center Square Following months of speculation, President Donald Trump has nominated Kevin Warsh to serve as the Chairman of the Board of Governors for the Federal Reserve....
National shutdown, strike planned for Friday, Jan. 30 in protest of ICE

National shutdown, strike planned for Friday, Jan. 30 in protest of ICE

By Bethany BlankleyThe Center Square A “national shutdown” and strike has been planned for Friday by several groups in protest of U.S. Immigration and Customs Enforcement. “No work. No school....
Gori firm accused of fraud, racketeering, ‘bounties’ in asbestos litigation

Gori firm accused of fraud, racketeering, ‘bounties’ in asbestos litigation

By Jonathan Bilyk | Legal NewslineThe Center Square A Los Angeles-based maker of plastic pipes has sued the Gori Law Firm, accusing the most prolific filer of asbestos litigation of...

WATCH: Democratic legislators introduce anti-ICE legislation

By Madeline ShannonThe Center Square A coalition of Democratic legislators announced several bills they're introducing this year to target the activity of U.S. Immigration & Customs Enforcement in California. “Across...
Illinois Quick Hits: Grayson gets 20 years for murder

Illinois Quick Hits: Grayson gets 20 years for murder

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A former Sangamon County sheriff’s deputy has been sentenced to 20 years in prison for fatally shooting...
Bill Cassidy, facing Trump-backed challenger, bets on 'who delivers'

Bill Cassidy, facing Trump-backed challenger, bets on ‘who delivers’

By Nolan MckendryThe Center Square U.S. Sen. Bill Cassidy is running for a third term on a pivotal wager: that a record of delivering federal dollars to Louisiana and pushing...
Trump Cabinet meeting: New Fed chair, coal saving lives, Russia and Ukraine

Trump Cabinet meeting: New Fed chair, coal saving lives, Russia and Ukraine

By Morgan SweeneyThe Center Square The administration will announce its pick for a new Federal Reserve chair next week. Coal-powered energy saved lives during Winter Storm Fern. An impending Russia-Ukraine...
Paul introduces legislation to halt welfare funding for non-citizens

Paul introduces legislation to halt welfare funding for non-citizens

By Sarah Roderick-FitchThe Center Square With billions of American taxpayer dollars on the line, and funding for over a dozen welfare benefits for refugees set to continue, U.S. Sen. Rand...