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dalton99a

(90,697 posts)
Sun Oct 12, 2025, 12:07 PM Sunday

Vance says ACA credits fuel fraud [View all]

https://www.reuters.com/business/finance/vance-says-aca-credits-fuel-fraud-democrats-push-extension-end-shutdown-2025-10-12/

Vance says ACA credits fuel fraud as Democrats push for extension to end shutdown
By Bo Erickson and Ted Hesson
October 12, 2025 10:15 AM CDT

WASHINGTON, Oct 12 (Reuters) - Vice President JD Vance criticized Affordable Care Act tax credits on Sunday, labeling them vehicles for fraud and calling for regulatory reform, even as Democratic lawmakers seek to extend healthcare subsidies in the standoff over the government shutdown.

"The tax credits go to some people deservedly, and we think the tax credits actually go to a lot of waste and fraud within the insurance industry. So we want to make sure that the tax credits go to the people who need them," Vance told CBS News' "Face the Nation."

"We also think that Obamacare gave the health insurance industry a lot of ridiculous regulation that if we cut out, we can give people access to better healthcare at a lower cost. That's what we're working on," Vance added on Sunday.

More than 24 million Americans are enrolled in the Affordable Care Act marketplace, meant for people who do not have access to insurance through their jobs.

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Better healthcare at a lower cost will be announced in 2 weeks



Lesley Stahl opening Trump's "health care plan" and discovering it contained random papers inside:




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