Washington is wondering what to make of President Donald Trump’s purported plan to extend expiring enhanced tax credits for Obamacare for two years.
Here’s one way to understand it: Republicans are responding with tepid quiet as the president figures out whether to even release the proposal, while Democrats are sounding “encouraged,” as Sen. Jacky Rosen, D-Nev., put it.
“The White House is at least signaling that they are interested in having a serious conversation about bipartisan action to extend these critical tax credits,” she said in reaction to the still-in-flux plan, which would impose an income cap of 700% of the poverty line.
Sen. Jeanne Shaheen, D-N.H., a leader on the issue, said leaked details amount to a “serious proposal to begin negotiations to prevent health insurance premiums from soaring.”
She sees a path forward. It’s not clear whether Republicans do, too.