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Mike Johnson: “There was no income caps. You have very wealthy people…”

Featuring: Mike Johnson, Republican | Speaker of the United States House of Representatives | National

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Speaker Johnson Joins Squawk Box on CNBC

Published | Video Starts at 03:45

It never was. Now, let me, let me say this about the subsidies. It needs a dramatic amount of reform if indeed they're going to be extended because as you know, There was no income caps. You have very wealthy people getting subsidized for health care. It was a Covid era patchwork situation that the Democrats did on their own. And by the way, they voted to put the extension, the expiration date, on it at the end of 25. (03:45–03:50)

CLAIM

Asserts that current healthcare subsidies have no income caps, benefiting wealthy individuals.

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