WSJ What’s News

Frustrated Republican Centrists Join Democrats to Force ACA Vote

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Key takeaways

  • Four House Republicans, facing tough elections, have allied with Democrats to advocate for healthcare subsidies.
  • Increased healthcare costs loom for millions if subsidies are not extended.
  • A $901 billion defense policy bill has been approved in the Senate, emphasizing national security and military engagements.
  • Los Angeles wildfires have significantly impacted public health, raising hospital visits for various ailments.
  • The Oscars will begin streaming on YouTube from 2029, marking a shift in its broadcasting platform.
  • Paramount faces challenges in its bid for Warner Bros. as the latter continues to reject its offers.

Summary

Republican Centrists Join Forces with Democrats

In an unusual move, four House Republicans have teamed up with Democrats to force a vote to extend healthcare subsidies that are set to expire. This initiative highlights a significant political shift as these Republicans prioritize healthcare concerns, particularly in light of the upcoming midterm elections. With increased healthcare costs looming for many Americans, these representatives aim to ensure that their constituents' interests are represented. The speaker of the House, Mike Johnson, criticized this approach, suggesting it undermines traditional legislative procedures.

Impact on Healthcare Costs

Should the healthcare subsidies not be extended, millions of Americans will face higher health insurance costs as tax credits revert to pre-pandemic levels. The stakes are high with 24 million people potentially affected. A vote is expected in January aimed at extending subsidies; however, while the proposal may not lead to immediate approval, it signals important conversations amongst lawmakers about future healthcare funding.

Defense Policy Package Approved

In the Senate, a significant defense policy package amounting to $901 billion has been approved, featuring critical provisions related to national security, cybersecurity, and military aid to Ukraine. This legislation emphasizes the continued military commitments in Eastern Europe and establishes new limitations on the President's unilateral authority concerning military action.

Health Impacts of Los Angeles Wildfires

A newly released study has revealed alarming health effects tied to the 2023 Los Angeles wildfires. Increases in hospital visits for heart attacks and respiratory illnesses suggest a considerable public health crisis linked to fire-related air quality issues.

The Future of the Oscars on YouTube

The Academy of Motion Picture Arts and Sciences has announced that the Oscars will transition from ABC to YouTube starting in 2029, signaling a significant change in how this iconic awards show will reach audiences worldwide, while ABC will continue to host the next three ceremonies.

Paramount's Bid to Acquire Warner Bros.

Paramount's pursuit of Warner Bros. has faced setbacks as Warner has rejected their tender offer. Discussions continue regarding the viability of Paramount’s offer in light of Warner's objections, with analysts speculating on possible next moves for Paramount.

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Show notes

P.M. Edition for Dec. 17. Some frustrated Republicans have bucked leadership and sided with House Democrats to force a vote on extending expiring healthcare subsidies. WSJ Congressional reporter Siobhan Hughes explains how next year’s midterms are factoring into that decision. Plus, the Oscars are going digital and heading to a new home: YouTube. And WSJ entertainment reporter Joe Flint tells us what options Paramount has left in its pursuit of Warner after the media company rejects its hostile bid. Julie Chang hosts.
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