Welfare for the wealthy, that is what we have here. Expanding ObamaCare and its premium tax credit without limit would allow families making up to $500,000 a year to access Federal subsidies for health insurance. My amendment would limit this expansion so that no individual or family making more than 500 percent of the Federal poverty line could receive them. For a family of four, this cutoff would happen at around $132,000 a year. Any expansion of the ObamaCare premium tax credit must be temporary and limited. Look, regardless of how you feel about ObamaCare, regardless of how you feel about this expansion of it, I think we should all be able to agree that allowing those who are making hundreds of thousands of dollars a year to access this form of government assistance, even in a pandemic--perhaps especially in a pandemic--is inappropriate. The PRESIDING OFFICER. The Senator from Oregon.
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