Share this @internewscast.com

President Joe Biden on Tuesday called for extending a subsidy boost under the Affordable Care Act that is set to expire after 2025, underscoring one of the most immediate health care policy implications of the upcoming election.

The president boasted that he made the ACA — also known as “Obamacare” — “stronger than ever before” by signing into law enhanced subsidies under the American Rescue Plan and the Inflation Reduction Act. That has helped push ACA enrollment to an all-time high of 45 million people, according to government figures.

“I enacted tax credits to save an average of $800 per person per year, reducing health care premiums for millions of working families under the ACA. Those tax credits expire next year,” Biden said during a campaign event in North Carolina. “I’m calling on Congress to make that $800 expanded affordable health care tax credit permanent. Otherwise, millions of Americans with that coverage could lose that coverage.”

Whoever wins in November will have a major say on whether that funding is extended. Biden sees it as a legacy to protect. His Republican rival, Donald Trump, an avowed opponent of the ACA, has not discussed that funding or offered a health care alternative.

Asked how he would handle those subsidies, Trump campaign spokesperson Karoline Leavitt on Tuesday said only that he’s “running to make health care actually affordable, in addition to bringing down inflation, cutting taxes and reducing regulations to put more money back in the pockets of all Americans who have been robbed by Joe Biden’s disastrous economic policies.”

The ACA, signed into law by President Barack Obama in March 2010, includes tax subsidies for people up to 400% of the federal poverty level to obtain coverage. In 2021, Biden and the Democratic-controlled Congress added a provision that assisted people above that level, capping premiums at 8.5% of an individual’s income. The policy has helped millions of people buy insurance and lowered premiums for others who already have it. The nonpartisan Congressional Budget Office has previously estimated that the cap costs about $25 billion per year.

Biden noted Tuesday that “not a single solitary Republican in the Congress voted for” the American Rescue Plan that established the enhanced subsidies for two years, nor the Inflation Reduction Act, which extended them for three years. Republicans objected to many domestic spending provisions in the two measures.

In North Carolina, Biden told a crowd of supporters to assume that if Trump and Republicans win, they will reignite the fight against ACA.

“Trump and his MAGA friends in Congress want to get rid of the ACA and kick these Americans off their health insurance. It’s sick. Now they want to, quote — his word — ‘terminate’ the ACA, as my predecessor says. If that ever happened, we’d also terminate a lot of lives as well,” Biden said. “But we’re not going to let that happen.”

Trump fought during his four years in office to roll back the ACA through executive action, legislation and the courts. He succeeded at zeroing out the penalty for failing to carry insurance, but failed to repeal the law’s insurance regulations and subsidies.

In November 2023, as a presidential candidate, Trump revived his calls for replacing the ACA, criticizing Republicans who voted not to “terminate” it in 2017 when the party fell short in Congress. “It was a low point for the Republican Party, but we should never give up!” he wrote at the time on his social media platform Truth Social. A few days later, after pushback, Trump doubled down, saying: “I don’t want to terminate Obamacare, I want to REPLACE IT with MUCH BETTER HEALTHCARE. Obamacare Sucks!!!”

Ahead of Biden’s speech Tuesday, Trump took aim at his rival: “I’m not running to terminate the ACA, AS CROOKED JOE BUDEN DISINFORMATES AND MISINFORMATES ALL THE TIME,” he wrote on social media, adding in all caps that he wants to “make the ACA, or Obamacare, as it is known, much better, stronger, and far less expensive.”

Trump has not offered a plan to do that, and his campaign didn’t detail one when asked. His party has struggled to come up with health care proposals that maintain the ACA’s benefits — including the protections for pre-existing conditions and the tax credits that extended coverage — at a lower cost.

Senate Minority Leader Mitch McConnell, R-Ky., who fought for years to repeal the ACA, said this month that Trump needs to make his case if he wants Republicans to reopen the issue.

“We had a big fight over that a few years ago,” McConnell told reporters on March 12. “And if he can develop a base for revisiting that issue, obviously we’d take a look at it. But it seems to me that’s largely over.”

Share this @internewscast.com
You May Also Like
Blue city perp with 50+ arrests accused of pushing stranger onto train tracks in fifth attack that day: report

Chronic Offender with 50+ Arrests Strikes Again: NYC Subway Attack Marks Fifth Assault in a Single Day

A New York City man, notorious for his lengthy criminal record of…
Addison shooting: 1 in custody after shots fired at police, standoff on East La Porte Drive cause shelter-in-place, officials say

Breaking: Suspect Arrested After Intense Standoff and Gunfire in Addison – Residents Urged to Shelter-in-Place

In a tense situation that unfolded Thursday in Addison, Illinois, law enforcement…
Illinois State teaching assistant toppled TPUSA table

TPUSA Activist Arrested for Ignoring FBI Warnings on Violent Trump Threats: Affidavit Reveals Alarming Social Media Posts

This article is part of Fox News Digital’s investigative series, “Campus Radicals,”…
Feds arrest dozens of illegal aliens in sweeping New Jersey workplace raid

Federal Authorities Conduct Major New Jersey Workplace Raid, Detaining Numerous Undocumented Individuals

Federal officials announced on Thursday that a significant operation by the Department…
Trump demands Senate scrap filibuster rule to end shutdown

Trump Urges Senate to Abolish Filibuster Rule in Bold Move to Resolve Government Shutdown

President Trump is urging the Senate to adopt a “nuclear” approach by…
Influencer Eugenia Cooney spotted as Disney World amid growing health concerns

Eugenia Cooney Visits Disney World Amid Ongoing Health Discussions

Concerns about Eugenia Cooney were temporarily suspended Thursday when the notoriously skinny…
ICE arrests 2 ‘heinous criminal’ murder suspects simultaneously in Texas and Georgia

ICE Captures ‘Heinous Criminal’ Murder Suspects in Dramatic Texas and Georgia Operations

EXCLUSIVE TO FOX: On a notable day for U.S. Immigration and Customs…
‘IT: Welcome to Derry’ Introduces a Younger Version of Scatman Crothers’s Dick Hallorann: “He’s Not the Man You Meet in ‘The Shining'”

IT: Welcome to Derry’ Unveils a New Take on Dick Hallorann’s Character Before ‘The Shining

HBO’s IT: Welcome to Derry is a captivating prequel not only to…
Halloween threat puts kids in danger as drug-laced sweets spook parents, trick-or-treaters: expert

Expert Warns of Drug-Laced Sweets Threatening Children’s Safety This Halloween

As Halloween approaches, children nationwide are getting ready to don their costumes…
Trump appears to suggest the US will resume testing nuclear weapons for first time in 30 years

Trump Hints at Possible Resumption of US Nuclear Weapons Testing After 30-Year Hiatus

In a move that could signal a dramatic shift in U.S. nuclear…
JetBlue flight makes emergency landing at Tampa Airport after sudden 'drop in altitude' injures passengers

Terrifying JetBlue Incident: Sudden Altitude Drop Injures Passengers, Forces Emergency Landing at Tampa Airport

A JetBlue flight en route from Cancun to New Jersey was compelled…
Oregon child attacked by coyote during game of hide-and-seek in backyard; state officials sound alarm

Coyote Attack in Oregon Backyard: Child Injured During Hide-and-Seek, Officials Warn Public

A young child in Oregon had a close call with a coyote…