Congressional lawmakers left Washington last week with no solution on the expiring Affordable Care Act subsidies, meaning insurance premiums for 22 million Americans will jump next month extra astronomically. New uh piece in the Washington Post takes a look at how that spike will affect one family who will have to pay an annual premium of $43,000, onethird of their gross income in order to continue health coverage for a family of four. Joining us now, the author of that piece, staff writer at the Washington ...

HONG KONG (AP) — China will impose up to 42.7% of provisional tariffs on dairy products including milk and cheese imported from the European Union, its Commerce Ministry said Monday. The elevated duties, which take effect Tuesday, were based on preliminary results from an investigation opened by China’s Commerce Ministry in August 2024 as tensions between Beijing and Brussels flared. Beijing reviewed subsidies provided by EU countries for their dairy and other farm products. Beijing’s probe was launched ...

whole lot of drama in that building to end the year and a lot of it over health care, specifically these expiring affordable care act subsidies that as of now look like they're going to lapse. That means a spike in health care premiums for millions of Americans and an assurance that this issue is going to remain top of mind not just for voters but also for lawmakers heading into next year. Let me just talk to you about what happened the other day because it was wild.Four Republicans from pretty vulnerable d ...

From @WSJopinion: Democrats laid a political trap for Republicans with expiring ObamaCare subsidies, and four renegades have fallen into it. If Republicans want to vote like Democrats, why vote for a Republican majority?https://t.co/iS6kjNEYbY ...

We're in the middle of open enrollment season, right. For most states that started on November 1st. This is a time in which people pick their new health insurance plans for the new year and they have to do so by December 15th in order for coverage to start at this, you know, at the beginning of 2026.So why is it damaging whether for enrolles, insurers, um, and the broader health care system for there not to be a clear answer on these enhanced subsidies right now. Yeah, it's a great question and in many ways ...

The idea of sending direct payments to Americans has been proposed as an alternative to extending the enhanced ACA subsidies. Do you think that that's a viable solution for lawmakers to consider. >> I would explore it.I think one of the major other changes that's coming down the pike, which was actually enacted in the legislation that was passed in July, the one big beautiful bill, is a ma another major change into the way that these subsidies are treated in the tax system. Until now, there's been what we c ...

All over Greece, farmers sounding the alarm, mobilizing tractors and now fishing boats around major ports to block activity at the docks. It's all becoming a familiar scene because for nearly 2 weeks, angry farmers across the country have been united in one goal, to cause as much disruption as possible. They've deployed thousands of tractors and trucks along major roads and highways, blocked the border with Bulgaria, even briefly closing an airport on the island of Cits clashing with police.The reason for t ...

I I want to be clear here when it comes to the Republican plan and the health savings account because the way in which they spelled this thing out was it would allow adults earning under 700% of the federal poverty level to access $1,000 per year in a tax advantaged um health savings account if they're younger than 50. And then that would rise to $1,500 a year for those that are 50 to 64 years of age. That's not a lot of money.that would not necessarily cover the cost of much of anything when it comes to vi ...

Fiscal Policy - Bolivia's government is planning to reduce subsidies on fuel [1] - The subsidies are a primary driver of Bolivia's fiscal crisis [1] Economic Impact - The subsidies provide Bolivian drivers with some of the cheapest fuel in the Americas [1]

I do want to pivot to some other breaking news this morning. We're expecting senators to vote any moment on dueling health care bills with Affordable Care Act premium spikes looming for millions of Americans. And joining us now is Pennsylvania Democratic Congressman Brendan Bole.He's the top Democrat on the House Budget Committee. Congressman, we'll keep our eye on the vote as that's about to get underway any moment. Both votes likely to fail today and that leaves millions of Americans in limbo with the tim ...