The Big Story
Pressure mounting on GOP to extend Obamacare tax credits
Pressure is mounting on House and Senate Republicans to extend expiring Affordable Care Act tax credits, as a number of rank-and-file Republicans push leaders to prevent the popular subsidies from expiring at the end of the year.
© Hill Photo Illustration
The issue is a tricky one for Republicans, who had opposed the Affordable Care Act, commonly known as ObamaCare, unanimously in 2010, and united again against the two Biden-era laws that first created, and then extended, the enhanced tax credits for patients during the pandemic.
More than 24 million Americans are enrolled in the insurance marketplace this year, and about 90 percent — more than 22 million people — are receiving enhanced subsidies. According to the