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> Also, propping up ACA ( I say this as an ACA user ) is not the answer, either. The subsidies were temporary, making them permanent only adds to the never endi
by tzs 11mo ago
> Also, propping up ACA ( I say this as an ACA user ) is not the answer, either. The subsidies were temporary, making them permanent only adds to the never ending flood of red ink.
It does not add to the red ink, at least according to the accounting rules Republicans used to justify the so-called Big Beautiful Bill's (BBB) costs.
The BBB made many of the 2017 Trump tax cuts, which were temporary and set to expire at the end of 2025 (just like enhanced ACA subsidies), permanent.
Republicans argued that the loss of revenue from making the tax cuts permanent should not count when accessing the effects of the BBB on the deficit because extending something that is expiring doesn't really change anything.
- RickJWagner 11mo agoRelated: Mitt Romney is in today’s NYT urging higher tax rates on people like him.