House barrels toward Obamacare expiration with bipartisan deal unlikely

House Democrats and Republicans are hurtling toward the New Year’s expiration of Obamacare subsidies but both have decided doing nothing is better than reaching a deal.

The House will vote this week on the GOP legislation, the Lower Health Care Premiums for All Americans Act, which combines elements of other bills that have previously passed. But it is merely intended to display Republican willingness to act and is highly unlikely to become law before subsidies expire on Dec. 31.