Republicans were right to refuse the Democrats’ request to extend the enhanced subsidies as a condition of reopening the government. They must continue to hold fast against extending them or making them permanent if the issue comes to a vote later this year.
There are many things to like about the deal that ended the government shutdown last week. Most importantly, it reopens the government without committing taxpayers to tens of billions of dollars in new spending on COVID-era enhanced premium subsidies for coverage sold through Obamacare’s exchanges.
But the battle over these subsidies is far from over. Republican leaders have promised Democrats a vote in early December on whether to extend those tax credits. The GOP must hold fast, just as it did during the 43-day shutdown. The enhanced subsidies remain a gargantuan waste of money.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
GOP must hold its ground on enhanced subsidies — now more than ever
Sally C. Pipes
Republicans were right to refuse the Democrats’ request to extend the enhanced subsidies as a condition of reopening the government. They must continue to hold fast against extending them or making them permanent if the issue comes to a vote later this year.
There are many things to like about the deal that ended the government shutdown last week. Most importantly, it reopens the government without committing taxpayers to tens of billions of dollars in new spending on COVID-era enhanced premium subsidies for coverage sold through Obamacare’s exchanges.
But the battle over these subsidies is far from over. Republican leaders have promised Democrats a vote in early December on whether to extend those tax credits. The GOP must hold fast, just as it did during the 43-day shutdown. The enhanced subsidies remain a gargantuan waste of money.
Read the op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.