‘This is a bad idea made worse’: Senate Dems’ plan to fix Obamacare premiums adds nearly $300 billion to deficit, CRFB says
NegativeFinancial Markets

- Senate Democrats' plan to stabilize Obamacare premiums is projected to add nearly $300 billion to the deficit, with a total cost of approximately $550 billion over a decade if made permanent, according to the Committee for a Responsible Federal Budget (CRFB).
- This financial burden raises concerns about the sustainability of the Affordable Care Act (ACA) and the potential implications for federal spending, especially as the national debt continues to grow.
- The ongoing debate around healthcare subsidies highlights a broader struggle among lawmakers to balance the need for affordable health insurance against fiscal responsibility, with proposals from various political figures, including former President Trump, indicating a contentious landscape for future healthcare reforms.
— via World Pulse Now AI Editorial System
