No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, August 1, 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
9 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
Earnings Scoreboard: Apple slumps after Tim Cook’s final earnings; Microsoft rallies in big-tech results week

Earnings Scoreboard: Apple slumps after Tim Cook’s final earnings; Microsoft rallies in big-tech results week

by TheAdviserMagazine
August 1, 2026
0

Tech earnings were dominated by bigwigs including Apple (AAPL), Microsoft (MSFT), and Qualcomm (QCOM) this week, keeping investors glued to...

edit post
Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

by TheAdviserMagazine
August 1, 2026
0

SpaceX pulled off a successful launch last Friday evening at its Starbase facility in South Texas, sending its Starship rocket into orbit....

edit post
2 High-Yield Dividend Stocks Worth Buying Before 2026 Ends

2 High-Yield Dividend Stocks Worth Buying Before 2026 Ends

by TheAdviserMagazine
August 1, 2026
0

The S&P 500 index (SNPINDEX: ^GSPC) has a miserly yield of roughly 1%. That fact highlights just how difficult it...

edit post
America bet everything on trust 250 years ago. That bet is being tested again

America bet everything on trust 250 years ago. That bet is being tested again

by TheAdviserMagazine
August 1, 2026
0

A finance employee at the global design firm Arup transferred $25.6 million in a deepfake fraud after joining a video...

edit post
The Inside Story: The Day Democrats Lost the Working Class

The Inside Story: The Day Democrats Lost the Working Class

by TheAdviserMagazine
August 1, 2026
0

It used to be, in the not-too-distant past, that the core constituencies of the Democratic Party were blacks, Hispanics, and...

edit post
The Todd Blanche Affair: The Trump-Congress Clash Intensifies

The Todd Blanche Affair: The Trump-Congress Clash Intensifies

by TheAdviserMagazine
August 1, 2026
0

Tensions are high between President Donald Trump and Senate Republicans – and it isn’t all over the chamber’s failure to...

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
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Top Democrats Are Trapped in a Catch 22

Top Democrats Are Trapped in a Catch 22

July 6, 2026
edit post
2 judges suspended in separate cases after being indicted on criminal charges

2 judges suspended in separate cases after being indicted on criminal charges

July 9, 2026
edit post
What Nancy Guthrie’s Life Can Teach About Avoiding Loneliness

What Nancy Guthrie’s Life Can Teach About Avoiding Loneliness

0
edit post
F&O Talk: Nifty lacks direction on charts, says Sudeep Shah; outlines Bajaj Finance, Eternal strategy after Q1

F&O Talk: Nifty lacks direction on charts, says Sudeep Shah; outlines Bajaj Finance, Eternal strategy after Q1

0
edit post
Earnings Scoreboard: Apple slumps after Tim Cook’s final earnings; Microsoft rallies in big-tech results week

Earnings Scoreboard: Apple slumps after Tim Cook’s final earnings; Microsoft rallies in big-tech results week

0
edit post
How the Social Security Earnings Test Works for Part-Time Retirees

How the Social Security Earnings Test Works for Part-Time Retirees

0
edit post
Hotstocks KW 31 / 2026: Big Player mit Momentum

Hotstocks KW 31 / 2026: Big Player mit Momentum

0
edit post
Sanctions & American Distaste For Wars

Sanctions & American Distaste For Wars

0
edit post
Earnings Scoreboard: Apple slumps after Tim Cook’s final earnings; Microsoft rallies in big-tech results week

Earnings Scoreboard: Apple slumps after Tim Cook’s final earnings; Microsoft rallies in big-tech results week

August 1, 2026
edit post
How the Social Security Earnings Test Works for Part-Time Retirees

How the Social Security Earnings Test Works for Part-Time Retirees

August 1, 2026
edit post
What Nancy Guthrie’s Life Can Teach About Avoiding Loneliness

What Nancy Guthrie’s Life Can Teach About Avoiding Loneliness

August 1, 2026
edit post
Central Banks Change Their Minds on “Safe Haven” Assets

Central Banks Change Their Minds on “Safe Haven” Assets

August 1, 2026
edit post
Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

August 1, 2026
edit post
Hotstocks KW 31 / 2026: Big Player mit Momentum

Hotstocks KW 31 / 2026: Big Player mit Momentum

August 1, 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

  • Earnings Scoreboard: Apple slumps after Tim Cook’s final earnings; Microsoft rallies in big-tech results week
  • How the Social Security Earnings Test Works for Part-Time Retirees
  • What Nancy Guthrie’s Life Can Teach About Avoiding Loneliness
  • 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.