Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Economy News

Dueling Obamacare plans set to fail as deadline nears, pushing Senate toward bipartisan talks

admin by admin
December 11, 2025
in Economy News
0
Dueling Obamacare plans set to fail as deadline nears, pushing Senate toward bipartisan talks
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

There are two Obamacare proposals destined for failure on Thursday as the deadline to extend Biden-era subsidies inches closer, and both Senate Republicans and Democrats hope that a bipartisan path forward can be paved after the dust settles.

Senate Democrats are going full speed ahead with their three-year extension of the Obamacare enhanced premium subsidies, which Republicans are expected to block over a lack of reforms in a plan that they have nearly all charged as unserious.

And the GOP’s plan, which would abandon the subsidies altogether in favor of health savings accounts (HSAs), is expected to be blocked by Senate Democrats over the inclusion of anti-abortion restrictions and concerns that healthcare premium prices would still skyrocket.

But lawmakers on both sides of the aisle hope that once the plans go down in flames, they can begin the work of crafting a bipartisan solution.

‘I think the question would be, are there the Democrats who, outside of their leadership, are actually interested in the solution, and not just an issue? You know, who want to work with some Republicans,’ Senate Majority Leader John Thune, R-S.D., told Fox News Digital.

‘I can’t predict what’s going to happen, but there’s still a fairly high level of interest among members on our side, and I think some on the Dem side too,’ he continued. ‘But I think that, at least for now … I’m guessing they’ve been asked to stand down, you know, let them, let them get their messaging vote on it, and we’ll see what happens.’

Bipartisan negotiations have been ongoing in the background, but both sides have opted to go with partisan plans instead. Should both fail, it leaves them little time to address the issue before Congress leaves Washington, D.C., next week until the New Year. 

‘I would hope that we could still negotiate in the near term,’ Sen. Mike Rounds, R-S.D., said. 

Republicans argue that the subsidies are riddled with fraud and have drawn a red line on more stringent enforcement of the Hyde Amendment, which prevents taxpayer dollars from funding abortions.

Sen. Angus King, I-Maine, who has been working with Republicans on a plan, said that the Hyde Amendment argument was ‘not going to happen’ with his Democratic caucus colleagues.

‘Their insistence on that, and maybe that will go away, but their insistence on that basically means these premium increases are going to hammer the American people, and frankly, I don’t understand why — this should be a bipartisan,’ King said. ‘Let’s get together and figure this thing out.’

Sen. John Cornyn, R-Texas, told Fox News Digital he hoped that the failed votes ‘brings everybody to the negotiating table, and then we’ll get serious about a bipartisan solution.’

But Cornyn believed that it would likely be a problem that lawmakers would deal with in January, after the subsidies expire.

Meanwhile, Senate Republicans argue that Schumer and Senate Democrats are using their plan as a political cudgel, painting the GOP into a corner on a position that they won’t support, and then using it down the line in the 2026 midterms should the subsidies expire.

‘There’s a very simple solution for them. If they really believe that is the Democratic strategy, they can defeat it by simply voting for this measure,’ Sen. Richard Blumenthal, D-Conn., told Fox News Digital.

This post appeared first on FOX NEWS
Previous Post

US Regulator Exposes 9 Major Banks That ‘Debanked’ Crypto With ‘Inappropriate’ Restrictions

Next Post

Coinbase UK CEO Predicts Stablecoins Will Enter Mainstream Payment Infrastructure by 2026

Next Post
Coinbase UK CEO Predicts Stablecoins Will Enter Mainstream Payment Infrastructure by 2026

Coinbase UK CEO Predicts Stablecoins Will Enter Mainstream Payment Infrastructure by 2026

  • Trending
  • Comments
  • Latest
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

October 24, 2025
Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

December 3, 2025
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

March 20, 2025
Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

January 11, 2026
Trump discusses whether he’d order a mission to capture Putin

Trump discusses whether he’d order a mission to capture Putin

January 11, 2026
Protester scales Iranian Embassy in London, tears down regime flag, hoists pre-revolution symbol

Protester scales Iranian Embassy in London, tears down regime flag, hoists pre-revolution symbol

January 11, 2026
Four tankers that left Venezuela in ‘dark mode’ return as US eyes the country’s oil

Four tankers that left Venezuela in ‘dark mode’ return as US eyes the country’s oil

January 10, 2026

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

    Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

    January 11, 2026
    Trump discusses whether he’d order a mission to capture Putin

    Trump discusses whether he’d order a mission to capture Putin

    January 11, 2026
    Protester scales Iranian Embassy in London, tears down regime flag, hoists pre-revolution symbol

    Protester scales Iranian Embassy in London, tears down regime flag, hoists pre-revolution symbol

    January 11, 2026
    Four tankers that left Venezuela in ‘dark mode’ return as US eyes the country’s oil

    Four tankers that left Venezuela in ‘dark mode’ return as US eyes the country’s oil

    January 10, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved