With ACA subsidies set to expire in 2025, millions of Americans stand to lose health insurance
CBSN
With Republicans edging closer to gaining control of Congress, millions of Americans may be at risk of losing enhanced subsidies that currently underwrite the cost of health insurance bought through the Affordable Care Act's marketplaces, according to industry experts and the Congressional Budget Office.
The November 5 election gave control of the Senate to Republicans, while control of the House remains in limbo Monday as votes in several critical races continue to be tallied. Currently, Democrats are projected to win at least 210 House seats and Republicans 215 seats, with a party needing 218 seats in order to have the majority.
If Republicans gain control of Congress, they are widely expected to allow the enhanced ACA subsidies to expire at the end of 2025, depriving many people who buy coverage through the ACA and who currently receive these subsidies of that financial assistance, according to health care policy experts.
More than $20 billion flooded into the 2024 presidential campaign, shattering the record for political spending in a single election. In an accelerating trend in American politics, Donald Trump, Kamala Harris and their allies raised colossal sums of money from billionaires.
Two more monkeys that escaped last week from a South Carolina research facility were recaptured Tuesday, according to the facility's CEO, bringing the total number of primates caught and returned to 32 since the incident. Eleven monkeys are still on the loose.
President-elect Donald Trump and President Biden are meeting at the White House on Wednesday as part of the transition process, a formality that Trump didn't extend to Mr. Biden in 2020.
(CBS DETROIT) — "Full House" star and St. Clair Shores native Dave Coulier announced Wednesday morning that he has been diagnosed with stage 3 non-Hodgkin lymphoma.
A U.S. government employee faces charges over an online leak of classified documents about Israel's potential plans for a retaliatory strike against Iran.
Washington — Special counsel Jack Smith is expected to have departed the Justice Department by the time President-elect Donald Trump takes office in late January, two sources familiar with his plans told CBS News, as he and his team make plans to wind down the two federal prosecutions against the incoming president.
Two Somali pirates have been sentenced to 30 years in prison for kidnapping American journalist Michael Scott Moore and holding him hostage for 977 days, federal prosecutors said Tuesday.
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Washington — President-elect Donald Trump is returning to the White House next year after a decisive victory in the 2024 election. And he's slated to bring with him a number of lawmakers to round out his administration — from Sen. JD Vance as vice president-elect to Rep. Elise Stefanik as his pick for ambassador to the U.N.
Washington — House Republicans are moving forward with their leadership elections Wednesday, though majority control still hangs in the balance as a number of key races have yet to be determined.
Washington — Senate Republicans are meeting Wednesday to elect a new leader to represent the conference after Minority Leader Mitch McConnell — the longest serving leader in the Senate history — opted to step down from the post.