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John Thune: “It's going to cost over the next 10 years $40 billion a…”

Featuring: John Thune, Republican | Senate Majority Leader, South Dakota

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Sen. John Thune on day 15 of government shutdown | LiveNOW from FOX

Published | Video Starts at 02:36

And I think most Republicans believe, and I think the data bears this out, that the enhanced subsidies, the COVID era subsidies, which by the way were set to expire by the Democrats, are a program that is desperately in need of reform. It's going to cost over the next 10 years $40 billion a year. And there are no income limits. There are zero premium policies. There are, people don't even know they have coverage. The way the program is structured, the government pays directly subsidizes insurance companies. (02:36–02:41)

CLAIM

Asserts that the enhanced subsidies for Obamacare will cost $40 billion annually over the next decade.

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