A sign on an insurance store advertises Obamacare in San Ysidro, San Diego, California. REUTERS
Few Americans lie awake at night worrying about the federal debt — so the Republicans’ plan to end “temporary” COVID-era Obamacare subsidies due to their exorbitant cost won’t win them votes.
It will save Uncle Sam money : A staggering 93% of Obamacare premiums are now paid directly by the federal government to health-insurance companies.
But will that bring victory in the coming midterm elections?
No.
That’s why Democrats are gloating that reducing the subsidies will mean higher costs for enrollees, and increase the number of Americans who go without insurance.
Because of it, Republicans “are going to get their clocks cleaned” in November, Sen. Chris Murphy (D- Conn.) predicts.
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