GOP Asks CBO To Re-Score ACA Subsidies Cost With Higher Inflation

Updated Story Republicans on the House Ways & Means Committee are asking the Congressional Budget Office to update the projected cost of extending higher Affordable Care Act premium tax credits to account for the increase in inflation over the past year because they believe higher inflation will raise the estimated cost. The move puts a new wrinkle in efforts by Senate Majority Leader Chuck Schumer (D-NY) to assuage West Virginia Democratic Sen. Joe Manchin’s concerns about the...