No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, March 7, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Trump signals no shutdown compromise on the Affordable Care Act, calling it ‘the worst Healthcare anywhere in the world’

by TheAdviserMagazine
4 months ago
in Business
Reading Time: 3 mins read
A A
Trump signals no shutdown compromise on the Affordable Care Act, calling it ‘the worst Healthcare anywhere in the world’
Share on FacebookShare on TwitterShare on LInkedIn



As Saturday’s session got underway, it was uncertain whether Republicans and Democrats could make any headway toward reopening the government and breaking a partisan impasse that has now lasted 39 days.

President Donald Trump made clear he is unlikely to compromise any time soon with Democrats who are demanding an extension of Affordable Care Act tax credits, posting on social media that it is “the worst Healthcare anywhere in the world.” He suggested Congress send money directly to people to buy insurance.

Senate Majority Leader John Thune, R-S.D., said Trump’s proposal would not be part of a solution to ending the shutdown, but added “it is a discussion that the president and all of us want to have.” Thune said he planned to keep the Senate in session until the shutdown has ended and that “ideally, it would be great to set it up so we could vote today.”

Senate Republican leaders have signaled an openness to an emerging proposal from a small group of moderate Democrats to end the shutdown in exchange for a later vote on the “Obamacare” subsidies.

Sen. Jeanne Shaheen, D-N.H., who is leading the talks among moderates, said Friday evening that Democrats “need another path forward” after Republicans rejected an offer from Democratic leader Chuck Schumer of New York to reopen the government and extend the subsidies for a year. “We’re working on it,” she said.

Moderates continue to negotiate

Shaheen and others, negotiating among themselves and with some rank-and-file Republicans, have been discussing bills that would pay for parts of government — food aid, veterans programs and the legislative branch, among other things — and extend funding for everything else until December or January. The agreement would only come with the promise of a future health care vote, rather than a guarantee of extended subsidies.

It was unclear whether enough Democrats would support such a plan. Even with a deal, Trump appears unlikely to support an extension of the health benefits. House Speaker Mike Johnson, R-La., also said this week that he would not commit to a health vote.

Republican leaders only need five additional votes to fund the government, and the group involved in the talks has ranged from 10 to 12 Democratic senators.

Some Republicans have said they are open to extending the COVID-19-era tax credits as premiums could skyrocket for millions of people, but they want new limits on who can receive the subsidies. They lined up Saturday to take to the Senate floor and argue that subsidies for the plans should be routed through individuals.

“We’re going to replace this broken system with something that is actually better for the consumer,” said Sen. Lindsey Graham, R-S.C.

Republicans eye new package of bills

Trump wants Republicans to end the shutdown quickly and scrap the filibuster, which requires 60 Senate votes for most legislation, so they can bypass Democrats altogether. Vice President JD Vance, a former Ohio senator, endorsed the idea in an online post Saturday, saying Republicans who want to keep the filibuster are “wrong.”

Republicans have rejected Trump’s call, and Thune is eyeing a bipartisan package that mirrors the proposal the moderate Democrats have been sketching out. What Thune, who has refused to negotiate, might promise on health care is unknown.

The package would replace the House-passed legislation that the Democrats have rejected 14 times since the shutdown began Oct. 1. The current bill would only extend government funding until Nov. 21, though senators indicated their version would likely go through January.

A choice for Democrats

A test vote on new legislation could come in the next few days if Thune decides to move forward.

Then Democrats would have a crucial choice: Keep fighting for a meaningful deal on extending the subsidies that expire in January, while prolonging the pain of the shutdown? Or vote to reopen the government and hope for the best as Republicans promise an eventual health care vote, but not a guaranteed outcome.

Schumer on Saturday persisted in arguing that Republicans should accept a one-year extension of the subsidies before negotiating the future of the tax credits.

“Doing nothing is derelict because people will go bankrupt, people will lose insurance, people will get sicker,” Schumer said in a floor speech. “That’s what will happen if this Congress fails to act.”

Earlier, Vermont Sen. Bernie Sanders, an independent who caucuses with the Democrats, said they need to stand strong after overwhelming Democratic victories on Election Day.



Source link

Tags: ActAffordableCallingCarecompromiseonhealthcareshutdownSignalsTrumpworldWorst
ShareTweetShare
Previous Post

6 Ways Employers Get You To Work For Free (Legally)

Next Post

Flash Research Review – Is This Platform Right For You?

Related Posts

edit post
Starting late in mutual funds? Expert shares a Rs 40,000 SIP portfolio strategy for a 50-year-old

Starting late in mutual funds? Expert shares a Rs 40,000 SIP portfolio strategy for a 50-year-old

by TheAdviserMagazine
March 7, 2026
0

Many investors begin thinking seriously about mutual fund investments later in their careers as they look to grow their savings...

edit post
Rupee likely to trade below 92/$ in case of long war: BoB

Rupee likely to trade below 92/$ in case of long war: BoB

by TheAdviserMagazine
March 6, 2026
0

Mumbai: The Indian rupee could trade firmly below '92 per dollar if the US-Israel war on Iran is prolonged. Rising...

edit post
Nobel laureate Joe Stiglitz says not only can AI take your job, it’ll make the ‘tech bro’ class richer while doing so

Nobel laureate Joe Stiglitz says not only can AI take your job, it’ll make the ‘tech bro’ class richer while doing so

by TheAdviserMagazine
March 6, 2026
0

As professor Joseph Stiglitz sees it, AI is not just another technology wave—it’s a force that can erode jobs and...

edit post
Palmer Luckey says Silicon Valley has the Pentagon all wrong: ‘This is in the hands of the people’

Palmer Luckey says Silicon Valley has the Pentagon all wrong: ‘This is in the hands of the people’

by TheAdviserMagazine
March 6, 2026
0

Who should control AI? Are the corporations that release the powerful technology the arbiters of its fate? Or should that...

edit post
OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment

OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment

by TheAdviserMagazine
March 6, 2026
0

Vinod Khosla has been thinking about artificial intelligence longer than most, and betting on it longer than almost anyone. The...

edit post
February was the biggest month in venture history, thanks to OpenAI, Anthropic, and Waymo

February was the biggest month in venture history, thanks to OpenAI, Anthropic, and Waymo

by TheAdviserMagazine
March 6, 2026
0

Global venture funding hit $189 billion in February—the largest startup investment figure ever recorded for a single month. But 83%...

Next Post
edit post
Flash Research Review – Is This Platform Right For You?

Flash Research Review - Is This Platform Right For You?

edit post
ZCash (ZEC) Euphoria Is Finally Here — Time To Cash In?

ZCash (ZEC) Euphoria Is Finally Here — Time To Cash In?

  • Trending
  • Comments
  • Latest
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
North Carolina Updates How Wills Can Be Stored

North Carolina Updates How Wills Can Be Stored

February 10, 2026
edit post
Gasoline-starved California is turning to fuel from the Bahamas

Gasoline-starved California is turning to fuel from the Bahamas

February 15, 2026
edit post
Where Is My 2025 Oregon State Tax Refund

Where Is My 2025 Oregon State Tax Refund

February 13, 2026
edit post
7 States Reporting a Surge in Norovirus Cases

7 States Reporting a Surge in Norovirus Cases

February 22, 2026
edit post
2025 Delaware State Tax Refund – DE Tax Brackets

2025 Delaware State Tax Refund – DE Tax Brackets

February 16, 2026
edit post
February was the biggest month in venture history, thanks to OpenAI, Anthropic, and Waymo

February was the biggest month in venture history, thanks to OpenAI, Anthropic, and Waymo

0
edit post
Fed Governor Miran says job losses in February add to the case for more interest rate cuts

Fed Governor Miran says job losses in February add to the case for more interest rate cuts

0
edit post
February 2026 jobs report:

February 2026 jobs report:

0
edit post
AI is boosting demand for high skill tech jobs while quietly killing entry-level roles

AI is boosting demand for high skill tech jobs while quietly killing entry-level roles

0
edit post
The 10 States With the Lowest (and Highest) Property Tax Rates in America

The 10 States With the Lowest (and Highest) Property Tax Rates in America

0
edit post
Weekly Mortgage Rates Rise; Jobs Report Reflects Uncertain Economy

Weekly Mortgage Rates Rise; Jobs Report Reflects Uncertain Economy

0
edit post
If you’re over 65 and still cook full meals from scratch regularly, psychology says you display these 7 traits most people have quietly abandoned

If you’re over 65 and still cook full meals from scratch regularly, psychology says you display these 7 traits most people have quietly abandoned

March 7, 2026
edit post
Starting late in mutual funds? Expert shares a Rs 40,000 SIP portfolio strategy for a 50-year-old

Starting late in mutual funds? Expert shares a Rs 40,000 SIP portfolio strategy for a 50-year-old

March 7, 2026
edit post
Rupee likely to trade below 92/$ in case of long war: BoB

Rupee likely to trade below 92/$ in case of long war: BoB

March 6, 2026
edit post
XRP’s 60% Valuation Reset Meets a Record Low in Exchange Liquidity

XRP’s 60% Valuation Reset Meets a Record Low in Exchange Liquidity

March 6, 2026
edit post
Psychology says if you still feel guilty spending money on yourself even when you can afford it, you display these 8 deeply ingrained traits

Psychology says if you still feel guilty spending money on yourself even when you can afford it, you display these 8 deeply ingrained traits

March 6, 2026
edit post
Robinhood’s venture fund, which gives investors access to private companies, tanks 11% on first day

Robinhood’s venture fund, which gives investors access to private companies, tanks 11% on first day

March 6, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • If you’re over 65 and still cook full meals from scratch regularly, psychology says you display these 7 traits most people have quietly abandoned
  • Starting late in mutual funds? Expert shares a Rs 40,000 SIP portfolio strategy for a 50-year-old
  • Rupee likely to trade below 92/$ in case of long war: BoB
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.