Republican senators unveil plan to fund Healthcare Savings Accounts with $1,000- to $1,500 instead of extending Biden-era Obamacare insurance subsidies.
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SenateRepublicansappeartobeclosinginonaplantocounterSenateDemocrats’proposaltoextendexpiringObamacaresubsidiesasavoteoncreditsattheendoftheweekdrawscloser.
SenateHealth,Education,LaborandPensionsChairBillCassidy,R-La.,andSenateFinanceCommitteeChairMikeCrapo,R-Idaho,unveiledtheirproposaltotackletheObamacareissuethatwouldabandonthesubsidiesforHealthcareSavingsAccounts(HSAs).
ThelawmakershavebeenleadingSenateRepublicans’planningforacounter-proposaltoSenateMinorityLeaderChuckSchumer,D-N.Y.,andSenateDemocrats’legislation,whichwouldextendtheBiden-erasubsidiesforthreeyears.
COLLINS,MORENOUNVEILOBAMACAREPLANASREPUBLICANSSEARCHFORSOLUTIONTOEXPIRINGSUBSIDIES
CassidyandCrapopitchedthelegislationas“analternativetoDemocrats’temporaryCOVIDbonuses,whichsendbillionsoftaxdollarstogiantinsurancecompanieswithoutloweringinsurancepremiums.”
Thelong-
