GOP Senate Leader Thune Keeps Door Open to Extending Expiring Obamacare Tax Credits

GOP Senate leader Thune keeps door open to extending expiring Obamacare tax credits

WASHINGTON — Senate Majority Leader John Thune is keeping the door open to a potential extension of tax credits under the Affordable Care Act that are slated to expire at the end of 2025

ACA Tax Credits Are Expiring. Blame House Republicans.

Monthly out-of-pocket health care costs are set to jump as much as 75% next year because Republicans have refused to extend ACA tax credits, which help over 19 million receive affordable health care. Instead, Republicans gutted Medicaid for millions of hardworking Americans, crushing rural hospitals and kicking people off of their health care to give massive tax breaks to billionaires. According to the Center on Budget and Policy Priorities, if …

What’s At Stake if Congress Lets the Enhanced ACA Premium Tax Credits Expire? - Georgetown Center on Poverty and Inequality

Without action from Congress, subsidies that keep health insurance premiums affordable for millions will expire at the end of 2025. Expiration of the enhanced premium tax credits would push health care out of reach for millions, roll back progress toward health equity, and destabilize the health care system. Families with low incomes, particularly Black and Latinx families, and people at risk of losing Medicaid would be hit the hardest. This anal