Left’s Latest Health Care Scheme Will Worsen Inflation, The Deficit, And Your Insurance

Left’s Latest Health Care Scheme Will Worsen Inflation, The Deficit, And Your Insurance


The press would have you believe that the objections of Sen. Joe Manchin, D-W.V., have scuttled any attempt by the Biden administration and Democrats to pass a big-government agenda. But a recent report from the Congressional Budget Office (CBO) proves the false nature of that media narrative.

The report, compiled at the request of several Senate Republicans, illustrates the effects of a permanent extension of the increase in Obamacare subsidies Democrats enacted in last year’s “Covid relief” spending blowout. If made permanent — as Democrats have wanted to do practically since the moment these “temporary” subsidies passed — this additional welfare spending would undermine private health care coverage, while worsening inflation and increasing the deficit by $248 billion over its first 10 years.

Despite these

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