Democrats are refusing to reopen the federal government unless Congress extends the enhanced Obamacare premium subsidies scheduled to expire at the end of this year. Their ultimate goal is to make those subsidies permanent.

The shutdown’s architects say that failing to renew these tax credits will threaten the finances of millions of Americans. But a recent analysis from the Congressional Budget Office reveals that these subsidies threaten the nation’s finances, with an estimated cost of $350 billion over the next decade. And that money ultimately lines the pockets of giant insurance companies — not American patients.

The enhanced premium subsidies were established in March 2021 as part of the American Rescue Plan Act in response to the economic disruption caused by the COVID-19 pandemic

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