As Washington debates whether the country should repeal the Affordable Care Act, known as Obamacare, applicants are rushing to get covered, reportedly driving applications to a record high. “I’m glad that the people understand the importance of getting coverage,” Donna Christensen, the former delegate for the U.S. Virgin Islands’ at-large district, told Cheddar on Wednesday. But many still remain uninsured. According to the National Center for Health Statistics, 28.2 million people under the age of 65 did not have coverage in 2016. For context, that's a smaller proportion than before Obamacare passed. The federal agency said that the percentage of people uninsured now stands at 9 percent, compared to 16 percent in 2010. Many uninsured and current beneficiaries of the Act worry that a repeal would be in place by 2019 and that time is running out. However, Christensen argues that this is not the case. She says it’s going to be very hard for Congress to repeal ACA. “The Affordable Care Act is still the law of the land,” the ex-congresswoman said, stating that she doubts a repeal would ever happen. “It was not easy to get the law passed, but it’s going to be more difficult to take it away,” Christensen said. She encouraged the uninsured to seek coverage by December 15th this year, pointing out that benefits will be valid into the next year. Congressional Budget Office director Keith Hall put out a blog post on the federal agency’s website on Wednesday. He says that according to the CBO’s most recent baseline, repealing Obamacare's individual mandate would reduce the nation’s federal budget deficit by $338 billion within the next decade. That's less than the previous estimate of $416 billion, made last December.

Share:
More In Politics
SCOTUS Mississippi Abortion Rights Case 'Direct Challenge' to Roe v. Wade
The Supreme Court will be hearing arguments in Dobbs v. Jackson Women's Health on Wednesday over a Mississippi law banning abortions after 15 weeks. Jimmy Hoover, the Supreme Court editor-at-large for Law360, joined Cheddar to break down the momentous legal fight. "This is the biggest abortion case at the Supreme Court in 30 years," he said. "It is a … a direct challenge to Roe v. Wade."
Stocks Plummet Following Fed Chair Powell's Comments on Tapering
Matt Peron, Director of Research at Janus Henderson Investors, joins Cheddar News' Closing Bell, where he breaks down the factors leading to today's market slide and says there's more to it than Fed Chair Jerome Powell's comments about speeding up tapering efforts.
Walmart CEO Praises Biden Efforts to Ease Supply Chain Bottlenecks
Walmart CEO Dough McMillon praised the Biden administration's efforts to ease supply chain constraints after the company saw a 26 percent jump in shipments over the last month. President Joe Biden had announced back in October that California ports would operate on a 24/7 basis.
Omicron Risk, Barbados Drops Queen & Jack Logs Off
Jill and Carlo cover the latest developments with the Omicron variant that are spooking markets once again. Twitter's @Jack is leaving, SCOTUS takes up abortion rights and the world has a brand new republic.
U.S. to Buy 10 Million Courses of Pfizer Covid Pill
The Biden Administration is set to buy 10 million courses of Pfizer's Covid pill if it gains emergency use authorization from the FDA. With this purchase, the U.S. will receive more than 13 million courses of antiviral pills aimed at treating Covid and reducing severe illness and death. Pfizer's pill has been shown to reduce risk of hospitalization and death by 89 percent, proving it could be a key tool in the fight against the pandemic. Dr. Soumi Eachempati, Co-Founder, CEO & CMO of Cleared4, joined Cheddar News to discuss.
Breaking Down the Build Back Better Act's Impact on Affordable Housing
The Build Back Better Act has been at the center of endless negotiations and debate, ultimately landing as a nearly $1.8 trillion plan. One of the highlights is $170 billion dollars for affordable housing, making history as the largest investment in the sector to date. Eliza Collins, politics reporter for The Wall Street Journal, joins Cheddar News to break down the bill.
U.S. to Tap into Oil Reserves to Lower Prices at the Pump
The Biden Administration is releasing 50 million barrels of oil from the U.S. oil reserves in hopes of easing soaring gas prices. Vijay Vaitheeswaran, Global Energy and Climate Innovation Editor at the Economist, joined Cheddar to discuss.
Load More