Michael Cannon, the Cato Institute’s director of health policy studies, said that Democrats are essentially shutting down the government over “Obamacare subsidies for the wealthy.”
Breitbart News has explained on the Breitbart Fight Club how Democrats shut down the government over the looming expiration of enhanced Affordable Care Act (ACA), or Obamacare, subsidies.
These subsidies were first enhanced through the Biden-era $1.9 trillion coronavirus stimulus plan, formally known as the American Rescue Plan. Democrats continued these subsidies through the so-called Inflation Reduction Act.
The enhanced subsidies will expire on December 31, 2025.
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Democrats have contended that the loss of enhanced subsidies will result in the widespread loss of Americans’ health care; however, experts have explained that these enhanced subsidies are not for the truly needy.
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