Bipartisan lawmakers unveil Obamacare extension as pressure grows on Johnson for play call

Reps. Brian Fitzpatrick, R-Pa., and Tom Suozzi, D-N.Y., co-chairs of the Problem Solvers Caucus, have told reporters for weeks that they are working on such a measure as Capitol Hill scrambles to avert skyrocketing health insurance costs for millions of Americans beginning next year.

Democrats in Congress voted twice during the pandemic to expand the availability of premium tax credits for Obamacare, also called the Affordable Care Act (ACA), to make sure more Americans had access to healthcare coverage.

Those enhanced subsidies are set to expire at the end of this year.

But some GOP lawmakers have joined Democrats in warning that failing to extend them at least temporarily at this point will result in millions of Americans seeing their healthcare premiums skyrocket while Congress does nothing to help.

Johnson has said he intends to hold a vote on some kind of healthcare package before the end of this year, while panning Obamacare as a long-broken system badly in need of reforms.

The bipartisan bill released Tuesday is being pushed by a group of four Democrats and four Republicans - Fitzpatrick, Suozzi, along with Reps. Don Bacon, R-Neb., Rob Bresnahan, R-Pa., Nicole Malliotakis, R-N.Y., Jared Golden, D-Maine, Don Davis, D-N.C., and Marie Gluesenkamp Perez, D-Wash.

Fitzpatrick called the legislation "a practical, people-first fix that protects families now, while preserving the space to keep working toward a stronger, smarter, more affordable healthcare system."

"When the stakes are this high, responsible governance means securing 80% of what families need today rather than risking 100% of nothing tomorrow," he said in a statement.

In addition to extending the enhanced Obamacare subsidies for two years, the bill also "stops unauthorized plan and subsidy changes by requiring consent and prompt notification before any modifications take effect," according to a press release.

It would also rein in pharmacy benefit manager (PBM) profits and expand access to health savings accounts (HSAs) - two reforms that other rank-and-file House Republicans have been advocating for.

But it's not clear yet if House GOP leaders would put the bill on the floor for a chamber-wide vote, nor if it has the backing of their Democratic counterparts.

Fox News Digital asked Fitzpatrick last week if a discharge petition could be filed, but he did not give a direct answer, instead saying that the bill would be released imminently.

Bacon told Fox News Digital on Tuesday that a discharge petition is a realistic possibility but cautioned, "It would be wiser to see if we have 60 votes in the Senate first."

The plan is one of several put forward by House Republicans to deal with the looming healthcare cliff.

And late last week, a bipartisan group of House lawmakers introduced a plan to extend the enhanced Obamacare subsidies - with income caps and extra guardrails against fraud - for a year.

The Senate, meanwhile, is expected to vote this week on Democrat-led legislation to extend the enhanced subsidies, though it's likely to fail. It's not yet clear if Senate Republicans will put up their own counter-proposal.