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Sen. Patty Murray is pushing for more ACA subsidies. Photo: Chip Somodevilla/Getty Images

Senate Democrats, led by Sen. Patty Murray, are pushing to increase the Affordable Care Act's subsidies as part of a stabilization bill being renegotiated with Sen. Lamar Alexander. This would mean increasing the amount of financial assistance people receive, as well as making it available to more people.

Why this matters: This is a lot more ambitious than the original Alexander-Murray bill — Democrats are now looking to expand the ACA's core components, rather than just restore some of President Trump's cuts. That's largely a response to the repeal of the law's individual mandate.

What we're hearing: The initial Alexander-Murray bill would have restored federal funding for the ACA's cost-sharing subsidies. Democrats now want to not only restore that funding, but to expand it — and to bolster the separate subsidy that helps people pay their premiums.

  • “We’re interested in both expanding access to subsidies and increasing their value. You’ve got two different sets of populations that will be impacted in different ways depending on how cost sharing” is structured, a Democratic aide told me.

Democrats also want to:

  • Restore ACA outreach and enrollment funding.
  • Prevent the sale of "junk plans" — a reference to the Trump administration's proposal to expand access to short-term policies that don't comply with ACA regulations.
  • Fund a reinsurance program, although the aide says this has become so popular among Republicans that Democrats don't feel like they have to push very hard.

Go deeper: Funding the ACA's cost-sharing subsidies could hurt more people than it helps — although bigger premium subsidies could change that dynamic.

Go deeper

Updated 34 mins ago - Economy & Business

Janet Yellen co-opts Reaganomics phrase for new Davos speech

Treasury Secretary Janet Yellen at a speech this week. Photo: Alex Wong/Getty Images

The U.S. needs to focus on increasing its productive potential, Treasury Secretary Janet Yellen told world leaders Friday, calling for what she terms "modern supply side economics."

Why it matters: She co-opted a phrase traditionally used by political conservatives to describe low-tax and deregulatory policies — and framed the Biden administration's initiatives as the best path forward to achieve greater national prosperity.

National Archives releases Trump White House records to Jan. 6 panel

Photo: Chip Somodevilla/Getty Images

The National Archives on Thursday evening released records of former President Trump's White House to the House Jan. 6 Select Committee, the agency said.

Why it matters: The committee now has documents that Trump attempted to keep hidden, arguing that their release would undermine his executive privilege.

Worker shortage unleashes a forever jobs crisis

Illustration: Shoshana Gordon/Axios

Workers are in the driver's seat in the labor market, and that doesn't look likely to change anytime soon. It's also starting to alter the competitive landscape across the business world.

Driving the news: The terms of competition are shifting, especially in labor-intensive industries. Companies that have some distinct advantage in their ability to attract the best workers are likely to fare better.