00:00Well, no, the issues of the subsidies are real. It's not something that anybody can say is made up.
00:07Also, people with regular or private plans, their premiums are looking to go up a medium of 18%. That's brutal.
00:16That's Republican Congresswoman Marjorie Taylor Greene digging into criticism she leveled against her party for not finding a fix for expiring Affordable Care Act subsidies, which could lead to major rate hikes for Americans.
00:30Now, GOP leadership is responding. Republican House Speaker Mike Johnson accusing her of being ill-informed on committees dealing with such specialized issues in comments during a news conference covered by Forbes.
00:44There are lots of conversations and deliberations and discussions right now, even bipartisan amongst members, about necessary changes that would have to be made, pretty dramatic changes, to even have that considered on the floor.
00:57But look, I'm not going to forecast the outcome of that. The whole point is you keep the government open and then we have those discussions.
01:04We were always planning to have those discussions in the month of October.
01:08Greene pushed back, saying it's no secret these issues are not being discussed.
01:13She says Johnson has yet to address her concerns in person.
01:16Latest comments from Greene follow a broadside she launched on Monday on X, saying,
01:21I am absolutely disgusted that health insurance premiums will double if the tax credits expire this year.
01:28Not a single Republican in leadership talked to us about this or has given us a plan to help Americans deal with their health insurance premiums doubling.
01:37It gained the attention of Democratic Senate Minority Leader Chuck Schumer, who read her comments on the Senate floor.
01:42So hold on to your hats. I think this is the first time I said this.
01:46But on this issue, Representative Greene said it perfectly.
01:51Representative Greene is absolutely right.
01:54The pandemic-era tax credits at the center of the debate were extended through the end of this year as part of the Inflation Reduction Act of 2022.
02:03Open enrollment begins in most states on November 1st.
02:06Health insurers might raise premiums based on the fate of the subsidies.
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