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president trump touting his accomplishments last night and his address to the nation one touching on the ongoing battle over extending obamacare subsidies happening on capitol hill
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joining us right now to talk about this and much more is republican senator james lankford and senator thank you for being with us yesterday for moderate republicans joined the democrats in kind of pushing to make sure that there is going to be a vote that comes in early january
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at least on the floor of the house to extend the ACA subsidies what
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chance does that have of making it through the senate
James Lankford (Senator from Oklahoma) 00:35.430
it it actually doesn't because it's the same vote we've already had in the senate this is a democrat proposal to say let's just take the current policies now and just extend them out for three years remembering that what what this really is is not the obamacare subsidies these
James Lankford (Senator from Oklahoma) 00:49.550
are subsidies on top of the subsidies that were done during covid during that time for an emergency basis on it so
James Lankford (Senator from Oklahoma) 00:57.030
they're looking to be able to just say let's pretend the covid pandemic is still happening let's contend these subsidies out no changes no reforms no caps unlimited amount of money income that you could have personally that you could still get these subsidies so a lot of issues
James Lankford (Senator from Oklahoma) 01:12.630
that in the senate has already said no that's the wrong way to go is to pretend the covic pandemic is still happening let's actually talk about how
James Lankford (Senator from Oklahoma) 01:19.670
are we what are we doing i should say on trying to be able to reduce the amount that people have to personally pay so our direction wasn't sitting at the insurance companies and saying this is the help during the pandemic it was trying to get assistance to individuals that need
James Lankford (Senator from Oklahoma) 01:32.950
the assistance the most
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understood and i would go so far as to say i think some of the republicans who signed on for that are not interested in simply extending the ACA subsidies for another three years without any changes but there doesn't seem to be any sort of mix of what republicans are talking
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about and what democrats are talking about where you make some of those changes but you extend some of these ACA subsidies for a year or or maybe a little longer beyond that while you work through the changes that you want to make to the system
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i think there are plenty of republicans not only in the house but in the senate who are worried about the political backlash that will come when rates go up next year and i realize these subsidies are only for twenty two to twenty four million people not for all americans but
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there are massive increases in healthcare costs that are going to go up to hit those people and lots of others and i think there are plenty of republican politicians who are worried about getting blamed for those higher costs sure
James Lankford (Senator from Oklahoma) 02:34.310
yeah there there is real dialogue about what can we do to be able to deal with these subsidies and the high cost premium that will spike for those above four hundred percent of poverty just to be clear you you had about ten million people in obamacare at the beginning of the
James Lankford (Senator from Oklahoma) 02:47.990
biden administration they added all these subsidies in and then you had about twenty one million people at in in subsidies for the marketplace by the end of his administration so he
James Lankford (Senator from Oklahoma) 02:57.910
doubled the number of people in the marketplace in the way that he did it was just uncapped it's unlimited it used to be four percent in poverty down would get some kind of subsidies this was on top of that so we're not talking about people four hundred percent of poverty and
James Lankford (Senator from Oklahoma) 03:11.110
down they're still going to be covered that's the vast majority of people in the marketplace you're talking
James Lankford (Senator from Oklahoma) 03:15.630
about people above four hundred percent of poverty the subsidies that were put on top of them so that's the specific area we're talking about and what needs to be done those folks used to pay let's say twelve hundred dollars a month then with the subsidies they went to paying
James Lankford (Senator from Oklahoma) 03:29.630
eighty dollars a month now they don't want to go back to paying twelve hundred to two thousand a month because the marketplace continues to accelerate
James Lankford (Senator from Oklahoma) 03:36.830
in my state in oklahoma the marketplace has gone up two hundred percent in six years at the same time commercial insurance has gone up twenty nine percent so republicans are simply saying there is a structural problem in the marketplace that it would accelerate so much faster
James Lankford (Senator from Oklahoma) 03:52.430
than the commercial insurance we should take a look at that and find out what the problem is rather than just sending more tax dollars over and over again and pretending there's not a problem
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that's a fair argument but the idea that it has taken this long to kind of take a look at it i think that's where you have a political problem the idea that OK we're going to take a look at it but we're taking a look at it as these premiums are going up for people and they're
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seeing that hit them in their in their pocketbooks
James Lankford (Senator from Oklahoma) 04:19.470
it will i would only tell you we have taken a look at a lot of things for a long time trying to get bipartisan agreement in the senate is not as simple as it looks we have bipartisan agreement for instance on pharmacy benefit managers and what's happening behind the scenes
James Lankford (Senator from Oklahoma) 04:31.390
that's driving up the cost of pharmaceuticals and pushing out independent pharmacies all around the country
James Lankford (Senator from Oklahoma) 04:37.630
we have bipartisan agreement on that that moved through the finance committee that i serve on unanimously we've not been able to get that across the floor so some things are tougher than it looks when you try to get got to get sixty hard headed people all in one room and to be
James Lankford (Senator from Oklahoma) 04:50.670
able to agree on something