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Trump Cancels Talks With Schumer and Jeffries as Shutdown Threat Grows

Democrats say the cancellation hardens a standoff over expiring ACA subsidies ahead of the Oct. 1 funding deadline.

Overview

  • Less than a day after agreeing to meet, Trump scrapped the session, saying Democrats’ demands made any discussion unproductive.
  • The House passed a party-line, seven-week stopgap that the Senate rejected along with a Democratic alternative, leaving no funding plan in place before Oct. 1.
  • Democrats are conditioning support for a short-term bill on extending marketplace premium tax credits, which Speaker Mike Johnson says should be addressed later.
  • CBO estimates indicate 2.2 million could face higher premiums and 4.2 million could lose coverage over 10 years if subsidies lapse, with insurers finalizing 2026 rates and open enrollment starting Nov. 1.
  • Trust has frayed over White House rescission efforts, including a contested $4.9 billion pocket rescission facing court challenges, even as some GOP moderates propose narrower, time-limited subsidy extensions.