Tomorrow, this Chamber will have the opportunity to chart a new path forward on healthcare in this country. Senators will be given the choice to extend the Biden COVID bonuses for another 3 years or to support healthcare reforms that will actually expand options, reduce premiums, and give power to patients instead of insurance companies. Both sides agree that the cost of healthcare is too high, but we need to address the root causes of the explosive increase in healthcare costs rather than mask them with unsustainable spending. We are told that the expiration of the enhanced ObamaCare subsidies is a crisis and that there is no time left to do anything but extend them. If there is a crisis coming, it is entirely of the Democrats' making. My colleagues on the other side of the aisle created the premium tax credits as a part of the ObamaCare system because they did not trust their own policy to make healthcare insurance affordable without shifting the burden of paying for it from enrollees to taxpayers. When the original premium tax credits failed to bring down premiums, they enhanced the tax credits. Then, when that did not work, they extended the enhancements. They did all this without a single Republican vote. They also chose the current expiration date that they now say must be changed. They created the very cliff that they now oppose.
Editor's note · Context
Discussing healthcare reform and the expiration of enhanced ObamaCare subsidies.
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