This is the week. Congress needs to fund the government by Friday to avoid a government shutdown. It’s all but certain that the government will be funded, despite the dysfunction on display in getting through this week. The House is expected to release the text of the omnibus sometime late this afternoon, which will provide some insight into how much work the Senate side will have to do. The question is: what’s in and what’s out?
Market stabilization talks hit a snag following an op-ed from conservative lawmakers calling stabilization a move that “would snatch defeat from the jaws of victory by shoveling billions of additional dollars in deficit spending into the pockets of insurance companies.” The group also argue that the stabilization packages lack pro-life protections, a major sticking point in the negotiations. The weight of the view of this group is dependent on the need for their votes on the omnibus. The latest market stabilization proposal would fund the ACA’s cost-sharing reduction payments as well as fund a new reinsurance program, according to Axios.com.
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