Biden’s COVID-19 Bill Expands Obamacare Subsidies That Benefit Affluent

Biden’s COVID-19 Bill Expands Obamacare Subsidies That Benefit Affluent
President Barack Obama signs the Affordable Care Act in the East Room of the White House in Washington, D.C., on March 23, 2010. AP Photo/J. Scott Applewhite
Emel Akan
Updated:

WASHINGTON—Democrats are racing to pass President Joe Biden’s economic relief bill by mid-March, amid doubts about the price tag of the package. Buried in the $1.9 trillion stimulus bill is an expansion of Obamacare insurance subsidies, which could provide thousands of dollars to wealthy families who have been least hit by the pandemic, according to critics.

Democrats aim to make the Affordable Care Act’s (ACA) premium subsidies available to more people through the end of 2022. It also expands the amount of those subsidies for currently eligible people.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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