Advisers to President Donald Trump have been working on a plan to extend Affordable Care Act subsidies for two years, but they may not have the votes required to do so in the House of Representatives.
House Speaker Mike Johnson, Republican of Louisiana, told the White House that most Republicans in his chamber do not support extending the subsidies, according to The Wall Street Journal . The subsidies help lower insurance premiums for millions of people who have coverage under the Affordable Care Act, also known as Obamacare.
The subsidies first passed in 2021 in a pandemic-era law and were later extended. They’re expiring this year.
If they’re not extended again, premiums could soar for about 22 million people, in some cases by thousands of dollars.
Trump told reporters on Tuesday t

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