The Bill For Democrats’ Next Obamacare Subsidy ‘Crisis’ Will Come Due Next Tax Season
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The Bill For Democrats’ Next Obamacare Subsidy ‘Crisis’ Will Come Due Next Tax Season
When ineligible households receive large bills to repay Obamacare subsidies during next year’s tax filing season, Democrats will undoubtedly object despite their fingerprints being all over this ‘crisis.’
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Sixteen years ago, as Democrats prepared to enact Obamacare, then-House Speaker Nancy Pelosi, D-Calif., infamously claimed, “We have to pass the bill so that you can find out what’s in it.” Pelosi’s comments may ring true next spring, when Americans of modest means may face the prospect of repaying thousands of dollars in Obamacare subsidies, thanks to a series of policy choices made by Democrats over the years.
Fraud from Misstating Income
Last August, the Congressional Budget Office (CBO) released an analysis estimating that 2.3 million Exchange enrollees “improperly claimed” Obamacare subsidies “via intentional overstatement of income” in 2025. CBO specifically examined the number of enrollees who claimed income just above........
