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

Illinois Rep faces investigation over sexual harassment

Illinois Rep faces investigation over sexual harassment

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A state representative embattled with allegations of sexual harassment returned to Springfield this week after being stripped...
Talks with Iran to resume

Talks with Iran to resume

By Sarah Roderick-FitchThe Center Square Middle East Special Envoy Steve Witkoff and Jared Kushner will head back to Pakistan over the weekend to resume talks, as Vice President JD Vance...
Return on investment questioned as Chicago Red Line construction begins

Return on investment questioned as Chicago Red Line construction begins

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Taxpayers are facing a hefty price tag as construction begins on a long-anticipated Chicago Transit Authority project...

WATCH: WA Democrat income tax supporter questions ‘necessity clause’ nixing public vote

By Carleen JohnsonThe Center Square A Democratic lawmaker who voted in support of Washington’s new income tax said he didn't see anything scandalous in this week’s revelation of emails showing...
DOJ to face audit for handling of Epstein files release

DOJ to face audit for handling of Epstein files release

By Thérèse BoudreauxThe Center Square Following the drawn-out and politically calamitous release of millions of federal documents related to the exploits of sex trafficker Jeffrey Epstein, the Department of Justice...
ISU strike enters third week; union sues over alleged strikebreaking

ISU strike enters third week; union sues over alleged strikebreaking

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Union support staff at Illinois State University has entered a third week on strike over failed contract...
Trump extends Jones Act waiver, citing national securit

Trump extends Jones Act waiver, citing national securit

By Alton WallaceThe Center Square The Trump administration has suspended for an additional 90 days a law forbidding foreign-owned and crewed ships from transporting goods between U.S. ports in an...
Trump admin continues to crack down on fraudulent visa schemes

Trump admin continues to crack down on fraudulent visa schemes

By Bethany BlankleyThe Center Square The Trump administration is continuing to crack down on fraudulent visa schemes that are occurring nationwide. In New Jersey, a Korean man pleaded guilty to...
Virginia 1 of 4 in courtroom battles for congressional redistricting

Virginia 1 of 4 in courtroom battles for congressional redistricting

By Shirleen GuerraThe Center Square Less than 100 days into Gov. Abigail Spanberger’s administration, Virginia’s redistricting fight is unfolding across multiple fronts, from the ballot box to the Legislature and...
Illinois Quick Hits: State gaming board renew Rockford casino license

Illinois Quick Hits: State gaming board renew Rockford casino license

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Gaming Board has renewed Hard Rock Casino Rockford’s license for four years, retroactive to January...
Arizona GOP pushes to protect Colorado River's limited water

Arizona GOP pushes to protect Colorado River’s limited water

By Zachery SchmidtThe Center Square Arizona Republicans are seeking to protect the Colorado River as its water supply continues to dwindle. State Senate President Warren Petersen, R-Gilbert; state House Speaker...
Republicans challenge Clyde in Georgia's 9th District

Republicans challenge Clyde in Georgia’s 9th District

By Andrew RiceThe Center Square Incumbent Rep. Andrew Clyde, R-Ga., is facing a primary challenger in his bid to hold on to his 9th District post. Sam Couvillon and Joel...
Fort Bragg soldier’s case continues Tuesday in New York

Fort Bragg soldier’s case continues Tuesday in New York

By Alan WootenThe Center Square An enlisted soldier at Fort Bragg was granted $250,000 bond release on Friday and will have his charges of using classified information to win $400,000...
Justice Department drops Federal Reserve probe, kicks to watchdog

Justice Department drops Federal Reserve probe, kicks to watchdog

By Brett RowlandThe Center Square U.S. Attorney for D.C. Jeanine Pirro said Friday she is closing the Justice Department's criminal investigation into Federal Reserve Chair Jerome Powell, days after a...
Pritzker: 'Need for speed' for megaprojects bill with tax breaks

Pritzker: ‘Need for speed’ for megaprojects bill with tax breaks

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says there is a need for speed when it comes to the Chicago Bears...