It looks like CNBC Squawk Box co-anchor Becky Quick is fed up with the Democrats’ hypocritical nonsense over the ongoing government shutdown. Quick skewered House Minority Leader Hakeem Jeffries (D-NY) during the October 24 edition of Squawk Box.
Quick scolded him over Obamacare subsidies: “What you’re asking the Republicans to do right now when they control the White House, the Senate and the House is effectively what the Democrats could not do when they controlled all three heads of government themselves,”
The CNBC personality continued, with Jeffries just staring stone-faced: “The three-year set up for the expiration of these credits was intentionally put in. It was put in when you controlled the White House, the House and the Senate. You couldn’t get it passed for longer.”
Quick then wrapped up: “This is a setup kind of your own creation that you all couldn’t extend beyond that. Now you want the Republicans to do something you didn’t do when you were in power?”
Game. Set. Match.
Jeffries stumbled over himself to try to save face: “Uh, it’s not a setup beyond what we could do.” What does that even mean? The House Minority leader proceeded to deflect from the question entirely and just prop up his political side’s illusory healthcare policy bona fides: “We extended the Affordable Care Act (ACA) tax credits in 2022, uh, for three years. The program is working. It’s providing healthcare to tens of millions of people in an affordable way and it should be continued.”
If it's "working," why does it need massive subsidies to prevent prices from exploding?
Jeffries will surely be in for a rude awakening when he finds out that the The Washington Post editorial board just admitted recently that Obamacare “was never actually affordable” to begin with. The architects of former President Barack Obama’s 2010 “signature achievement,” wrote The Post, “assumed that risk pools would be bigger than they turned out to be. As a result, policies cost more than expected.”
Talking about getting caught with your pants down, eh Hakeem?