Senate leader says a potential shutdown deal is coming together as Dems weigh extending ACA subsidies or accepting a promise on a future vote | Fortune
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Senate leader says a potential shutdown deal is coming together as Dems weigh extending ACA subsidies or accepting a promise on a future vote | Fortune
"As the Senate held a rare Sunday session, the Republican leader said a potential deal was "coming together" on the government shutdown but there was no guarantee it would end an impasse now stretching to 40 days. There have been few signs of progress over the weekend that could be crucial in a funding fight that has disrupted flights nationwide, threatened food assistance for millions of Americans and left federal workers without pay."
"Republicans have rejected that offer, but signaled 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 that make coverage more affordable. For those enrolled in health exchanges under that law, premiums on average are expected to more than double next year if Congress allows the enhanced subsidies to lapse."
The Senate held a rare Sunday session as leaders pursued a possible deal to end a government shutdown lasting 40 days. Top Republicans proposed reopening the government into January and full-year funding for several agencies; the plan required uncertain Democratic support. Democrats demanded extension of Affordable Care Act marketplace subsidies; Republicans rejected immediate extension but signaled openness to a later vote on the subsidies in exchange for ending the shutdown. If enhanced subsidies lapse, exchange premiums could more than double next year, while the shutdown has disrupted flights, threatened food assistance, and left federal workers unpaid.
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