White House circulates a plan to extend Obamacare subsidies as Trump pledges health care fix

WASHINGTON (AP) — The White House is circulating a proposal that would extend subsidies to help consumers pay for coverage under the Affordable Care Act for two more years, as millions of Americans face spiking health care costs when the current tax credits are set to expire at the end of the year.

The draft plan suggests that President Donald Trump is open to extending a provision of Obamacare as his administration and congressional Republicans search for a broader policy solution to a fight that has long flummoxed the party. The White House stresses that no plan is final until Trump announces it.

The subsidies were at the heart of the Democrats’ demands in the government shutdown fight that ended earlier this month. Most Democratic lawmakers had insisted on a straight extension of the tax credits, which expire at the end of the year as a condition of keeping the government open.

https://apnews.com/article/trump-affordable-care-act-proposal-subsidies-democrats-dcbd606d8c35f403136b9547d88e0449