The measure passed on Thursday would extend the Covid-era subsidies for another three years.<\/p>\n
Centrist Republicans have said they would rather support some kind of extension than do nothing at all.<\/p>\n
About 24 million Americans buy health insurance through the ACA marketplace, and the majority were used to receiving tax credits to lower the monthly price.<\/p>\n
Those tax credits, also referred to as subsidies, were first introduced through former President Barack Obama’s ACA in 2014. They were then expanded during Covid.<\/p>\n
The bill’s passage is a setback for House Republican leadership, which controls the lower chamber of Congress by a narrow majority.<\/p>\n
The vote was forced when four members of the Republican rank-and-file defected last month to support a procedural tactic known as a discharge petition.<\/p>\n
The House measure does not have to be brought up in the Senate, which has already rejected it.<\/p>\n
Even if the legislation was brought back to the upper chamber of Congress, it does not currently have the 60 votes it needs to pass. <\/p>\n
Senators have said they are working on their own bipartisan compromise, the text of which should be available next week.<\/p>\n
Though the House vote was largely symbolic, it places lawmakers on the record ahead of this November’s midterm elections, when healthcare and affordability are likely to be hot campaign issues.<\/p>\n","protected":false},"excerpt":{"rendered":"The measure passed on Thursday would extend the Covid-era subsidies for another three years. Centrist Republicans have said…\n","protected":false},"author":2,"featured_media":360434,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[102,2960,56,54,55],"class_list":["post-360433","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-health","tag-healthcare","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/360433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=360433"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/360433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/360434"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=360433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=360433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=360433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}