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Schumer unveils Democrats' Obamacare fix plan, likely dead in the water

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1 hour ago

Senate Democrats now have their plan to extend expiring Obamacare subsidies, but it's unlikely that Senate Republicans will give it the green light. Senate Minority Leader Chuck Schumer, D-N.Y., unveiled Democrats' plan to prevent the subsidies from expiring by the end of this year on Thursday. Senate Democrats' strategy, which mirrors the option on the table put forth by House Democrats, would extend the subsidies for three years with no tweaks or reforms. "I'm announcing that Senate Democrats will introduce legislation for a clean, three-year extension of the current [Obamacare] tax credits,...

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