House Debates $500 Billion Healthcare Expansion Bill
The House is debating a $500 billion healthcare expansion bill that would lower the Medicare eligibility age and expand ACA subsidies. The legislation faces opposition from fiscal conservatives and an uncertain Senate future.
Healthcare expansion bill under debate
Bill Provisions
The Healthcare Affordability Act would lower Medicare eligibility to 60, expand ACA subsidies to families earning up to 500% of poverty level, and cap out-of-pocket drug costs at $2,000 annually.
Funding Debate
Proponents argue the bill would be funded through prescription drug negotiation savings and a surtax on incomes over $1 million. Critics question the cost estimates and oppose new taxes.
Political Prospects
House passage is expected along party lines, but Senate prospects are unclear. Moderate Democrats have expressed concerns about the price tag.
The House debates a $500 billion healthcare expansion bill, aiming to lower Medicare eligibility and expand subsidies, but faces funding and political hurdles.
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