Smart Future Revenue - Investing and Stock News
No Result
View All Result
  • Economy
  • Investing
  • Stock
  • Editor’s Pick
  • Economy
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
Smart Future Revenue - Investing and Stock News
No Result
View All Result
Home Stock

Senate Dems’ Obamacare fix fails as Senate looks for off-ramp from healthcare cliff

by
December 11, 2025
in Stock
0
Senate Dems’ Obamacare fix fails as Senate looks for off-ramp from healthcare cliff
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Senate Republicans rallied to block Senate Democrats’ extension of expiring Obamacare subsidies as both sides of the aisle suffer defeats on their proposals to deal with the looming healthcare cliff.

Over the course of the 43-day government shutdown, Senate Democrats made the longest closure in history all about the subsidies, which were passed and enhanced under former President Joe Biden.

They argued that if Congress didn’t act, Americans who rely on the subsidies would be hit with skyrocketing premiums. Their plan, however, was one that was never going to pass muster with the majority of Senate Republicans, who demanded myriad reforms to the program that they charged was rife with fraud.

Only Sens. Susan Collins, R-Maine, Lisa Murkowski, R-Alaska, Dan Sullivan, R-Alaska, and Josh Hawley, R-Mo., split from their party to support Democrats’ plan on an otherwise party line vote on Thursday, leaving the upper chamber without a solution to the fast-approaching deadline to either extend or replace the subsidies. Still, both sides of the aisle want to tackle rising healthcare costs, they just can’t agree on the best solution.

‘We don’t need to come up with the perfect plan,’ Hawley told Fox News Digital before the vote. ‘We need to say what will help right now to lower healthcare costs? That’s a more achievable goal, and that’s doable, so I am willing to vote for just about anything that has a legitimate shot at lowering healthcare costs right now. So that’s where I’d start.’

Senate Democrats’ plan, in comparison with Republicans’ offering that was blocked minutes before, was a straightforward three-year extension of the expiring enhanced subsidies.

But the plan did not include several reforms Republicans demanded, like measures to prevent fraud, income caps and more stringent enforcement of Hyde Amendment language that would prevent taxpayer dollars from funding abortions.

‘Our bill is the only proposal on either side that has party-wide support on both sides of the Capitol,’ Senate Minority Leader Chuck Schumer, D-N.Y., said.

Senate Majority Leader John Thune, R-S.D., charged that Democrats’ proposal wasn’t based on reality.

‘What [Schumer] is saying about a Democrat plan that will lower healthcare costs is a fantasy,’ Thune said. ‘It just is. It’s a fantasy.’

While neither side can reach a consensus on how to actually move forward on a healthcare plan, both recognize that time is running out to find a fix and that the cost of healthcare is running rampant.

Democrats see the subsidies as a quick fix that can stop the bleeding, while Republicans are looking for broader, immediate reforms that could start putting a dent in healthcare costs.

Bipartisan talks have continued throughout the process, but those too are being hampered by the GOP’s red line on more stringent enforcement of anti-abortion measures on the Obamacare exchange, which is a nonstarter for Democrats.

Sen. John Hoeven, R-N.D., predicted that both Republicans’ and Democrats’ proposals would fail but that ‘hopefully, that keeps us working on getting something where we provide assistance, but get some reforms.’

‘But we can’t keep just sending the money to insurance companies and continue this runaway medical inflation that just perpetuates the problem,’ Hoeven said.

This post appeared first on FOX NEWS
Previous Post

Trump presses Thune to ‘get something done’ on stalled nominees

Next Post

23 Dems join House Republicans to kill progressive’s Trump impeachment bid

Next Post
US set to seize tens of millions in Venezuelan oil after tanker interception, White House says

US set to seize tens of millions in Venezuelan oil after tanker interception, White House says

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • Trending
    • Comments
    • Latest
    Maduro trapped with few retaliation options after Trump admin seizes Venezuelan oil tanker

    Maduro trapped with few retaliation options after Trump admin seizes Venezuelan oil tanker

    December 13, 2025
    Trump presses Thune to ‘get something done’ on stalled nominees

    Trump presses Thune to ‘get something done’ on stalled nominees

    December 11, 2025
    Why the US could snatch a Venezuelan tanker — and not under ‘wartime’ authority used in cartel strikes

    Why the US could snatch a Venezuelan tanker — and not under ‘wartime’ authority used in cartel strikes

    December 12, 2025
    Senate mulls next steps after dueling Obamacare fixes go up in flames

    Senate mulls next steps after dueling Obamacare fixes go up in flames

    December 12, 2025
    Trump admin defends White House ballroom as national security matter

    Trump admin defends White House ballroom as national security matter

    0
    Dem rep opens House hearing by telling Noem to resign in fiery statement

    Dem rep opens House hearing by telling Noem to resign in fiery statement

    0
    Senate Dems block Republicans’ HSA plan as Obamacare deadline nears

    Senate Dems block Republicans’ HSA plan as Obamacare deadline nears

    0
    Trump presses Thune to ‘get something done’ on stalled nominees

    Trump presses Thune to ‘get something done’ on stalled nominees

    0
    Trump admin defends White House ballroom as national security matter

    Trump admin defends White House ballroom as national security matter

    December 16, 2025
    House GOP tensions erupt as Republicans turn on each other heading into year’s end

    House GOP tensions erupt as Republicans turn on each other heading into year’s end

    December 16, 2025
    Brian Glenn reveals engagement to Rep Marjorie Taylor Greene: ‘She said ‘yes”

    Brian Glenn reveals engagement to Rep Marjorie Taylor Greene: ‘She said ‘yes”

    December 16, 2025
    Brian Glenn reveals engagement to Rep. Marjorie Taylor Greene: ‘She said ‘yes”

    Brian Glenn reveals engagement to Rep. Marjorie Taylor Greene: ‘She said ‘yes”

    December 16, 2025

    Recent News

    Trump admin defends White House ballroom as national security matter

    Trump admin defends White House ballroom as national security matter

    December 16, 2025
    House GOP tensions erupt as Republicans turn on each other heading into year’s end

    House GOP tensions erupt as Republicans turn on each other heading into year’s end

    December 16, 2025
    Brian Glenn reveals engagement to Rep Marjorie Taylor Greene: ‘She said ‘yes”

    Brian Glenn reveals engagement to Rep Marjorie Taylor Greene: ‘She said ‘yes”

    December 16, 2025
    Brian Glenn reveals engagement to Rep. Marjorie Taylor Greene: ‘She said ‘yes”

    Brian Glenn reveals engagement to Rep. Marjorie Taylor Greene: ‘She said ‘yes”

    December 16, 2025
    • About Us
    • Contact Us
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions
    • About Us
    • Contact Us
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Disclaimer: Smartfuturerevenue.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.
    Copyright © 2023 Smartfuturerevenue.com

    No Result
    View All Result
    • About Us
    • Contact Us
    • Email Whitelisting
    • Home 1
    • Privacy Policy
    • Suspicious Engagement
    • Terms and Conditions
    • Thank you

    Disclaimer: Smartfuturerevenue.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.
    Copyright © 2023 Smartfuturerevenue.com