Enhanced Obamacare subsidies are gone. They deserve to stay that way

House Ways and Means Committee Chairman Jason Smith (R-MO) took to the chamber’s floor last week to voice his opposition to legislation that would extend the pandemic-era enhanced premium subsidies for Obamacare plans for three years. Unfortunately, his wise counsel fell on deaf ears, as all Democrats and 17 Republicans voted for the bill.

“I rise in opposition to $100 billion bailouts for [a] broken system fueled by Democrat mandates,” Smith began. “I rise in opposition to subsidizing insurance plans for wealthy people — any support of the bill ensures subsidies go to wealthy families making as much as $600,000 a year.”

He went on to remark, “It is shameful that Democrats are only focusing on 7% of the population, while ignoring the millions of working families struggling to afford care.”

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