Wednesday, 08 October 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Shutdown vs. ACA Subsidies: Deal or Bust?
Wednesday, 8 October 2025 07:33 WIB | GLOBAL ECONOMIC |Ekonomi Global

Wednesday, October 8, 2025 President Donald Trump said he was open to compromise on Affordable Care Act (ACA) subsidies to end the government shutdown. Democrats agreed to the talks, but conservatives immediately rejected them. Essentially, Democrats want subsidies extended to prevent premiums from soaring; some Republicans say the expanded subsidies during COVID are too expensive and prone to abuse.

In the Senate, several compromise options are being floated: allowing existing recipients to continue receiving subsidies (grandfathering), limiting the age limit (e.g., to 60–64 years old), or a sliding scale that would end the "zero-premium" plan. There is also a push to include the Hyde Amendment (a ban on federal funding for abortion), which often stalls agreements. Republican leaders have emphasized that serious talks will only begin after the government reopens—the opposite of Democratic demands.

The political dynamics are heated. Hakeem Jeffries dismissed the idea of ​​a one-year extension as a "nonstarter." Susan Collins circulated a plan to partially reopen the government while setting a deadline to discuss the ACA. Angus King, who previously supported reopening the government, is starting to hesitate because there are no guarantees regarding subsidies. From the Trump camp, Tony Fabrizio warned of the political risks if subsidies were ended. Marjorie Taylor Greene—despite being anti-ACA—admitted that premiums could double if tax credits expire and pushed for compromise.

In conclusion, there are signs of compromise, but many stumbling blocks. Democrats want certainty about subsidies, Republicans want strict restrictions. Until a compromise is reached, the shutdown continues, and millions of people are anxious about their premiums. The next key point: will both sides agree on a roadmap—open the government first, or lock down the ACA package first?

Here are the key points (5 points):

- Trump is open to compromise on ACA subsidies to end the shutdown; Democrats agree as long as the subsidies continue, while conservatives resist.

- Compromise options discussed: "grandfathering" existing beneficiaries, age limits (60–64), and tiered plans (ending zero-premium plans). The Hyde Amendment is also being pushed—often a stumbling block.

- The GOP wants to open the government first and then negotiate; Democrats reject a one-year extension, deeming it a "nonstarter."

- Political pressure is mounting: Trump pollsters warn of the dire consequences of subsidies being eliminated; Marjorie Taylor Greene is also concerned that premiums could double.

- Conclusion: There are signs of a deal, but the obstacles are significant. As long as there is no agreement, the shutdown will continue, and millions of people will worry about premium costs. (asd)

Source: Newsmaker.id

RELATED NEWS
Israeli Forces Shell Gaza On War Anniversary, Hamas And Israel Discuss Trump Plan ...
Tuesday, 7 October 2025 16:44 WIB

Israeli tanks, ships, and jets pounded parts of Gaza on Tuesday (October 7), offering no respite to Palestinians on the anniversary of the Hamas offensive that led to the two-year war and underscoring...

Negotiators Gather For Gaza Talks, Mediator Warns Deal May Be Slow ...
Monday, 6 October 2025 16:23 WIB

Hamas officials were in Egypt on Monday (October 6th) ahead of talks with Israel that the US hopes will lead to an end to the war in Gaza and the release of hostages, despite contentious issues such a...

US government shutdown begins as partisan division rules Washington...
Wednesday, 1 October 2025 13:02 WIB

The U.S. government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White House from reaching a funding deal, setting off what could be a long, grue...

Trump Secures Netanyahu's Signature for Gaza Deal, But Hamas Support in Question ...
Tuesday, 30 September 2025 17:18 WIB

President Donald Trump secured Israeli Prime Minister Benjamin Netanyahu's endorsement on Monday for a US-sponsored peace proposal to end the nearly two-year war in Gaza, but questions arose over whet...

Trump Imposes New US Tariffs on Drugs, Trucks, and Furniture ...
Friday, 26 September 2025 23:28 WIB

US President Donald Trump on Thursday announced sweeping new import tariffs, including a 100% duty on brand-name drugs and a 25% levy on heavy-duty trucks, sparking renewed trade uncertainty after a p...

LATEST NEWS
AUD Weakens, Eyes on CPI

Wednesday, October 8, 2025 - The Australian dollar weakened to around US$0.656, extending its decline as the US dollar continued to strengthen. Safe-haven demand for the greenback increased as the US government shutdown entered its second week,...

Hang Seng Stumbles: HSBC & HKEX Also Weaken

The Hong Kong stock exchange plunged after a long holiday. The Hang Seng opened down 57 points (26,900), was hit by intense selling to 26,520, and closed down 380 points (-1.41%) at 26,577. The China Enterprise Index ended down 1.5% (9,429), while...

Nikkei Flat, Heavy Industry & Pharmaceuticals Support

Wednesday, October 8, 2025 - The Nikkei index moved flat at 47,937.70, as gains in heavy industry and pharmaceutical stocks offset the decline in chip companies. The IHI rose 4.3% and Daiichi Sankyo strengthened 3.5%, while Tokyo Electron fell 1.6%...

POPULAR NEWS
Asian Markets Soar: Yen Falls, Gold, and Stocks Soar!
Monday, 6 October 2025 08:00 WIB

Asian stocks surged to new highs, led by Japan's Nikkei 225, which surged more than 4% following the election of pro-stimulus lawmaker Sanae...

Negotiators Gather For Gaza Talks, Mediator Warns Deal May Be Slow
Monday, 6 October 2025 16:23 WIB

Hamas officials were in Egypt on Monday (October 6th) ahead of talks with Israel that the US hopes will lead to an end to the war in Gaza and the...

S&P 500, Nasdaq close at fresh records to start week, helped by AMD gains
Tuesday, 7 October 2025 03:19 WIB

The S&P 500 and Nasdaq Composite closed at record highs on Monday, spurred by optimism about increased mergers and acquisitions activity after...

European Stocks Close Lower again
Monday, 6 October 2025 23:54 WIB

Euro Area Stock MarketEuropean stocks closed mostly lower on Monday as fresh political turmoil in France rekindled concerns of fiscal instability...