US House Passes Republican Healthcare Bill Without ACA Subsidy Extension
About 24 million Americans who use Obamacare may face higher healthcare costs starting January 1 because the House passed a bill that does not extend the federal subsidy.
The US House passed a Republican healthcare bill that does not extend the expanded federal subsidy for Obamacare. This means about 24 million Americans could pay more for health insurance starting January 1. Democrats oppose the bill and say people will pay higher costs.
Republicans say the bill will help some people and small businesses buy cheaper insurance. The bill may reduce the number of insured people by 100,000 per year.
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