Trumponomics

The Other Insurance Cost Fueling the US Affordability Crisis

The GOP-led Congress is letting Affordable Care Act subsidies lapse, triggering a cost spike. But rising auto insurance bills are taking a toll on Americans, too. 

Republican US House Speaker Mike Johnson of Louisiana

Photographer: Al Drago/Bloomberg

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On this episode of Trumponomics, host Stephanie Flanders examines how rising insurance costs—both health and automotive—are becoming a major driver of the affordability crisis spreading across America, and what the implications may be for next year’s midterm elections.