President Donald Trump on Tuesday said he won’t support an extension of Affordable Care Act tax credits that will expire soon.
If the credits expire as scheduled at the end of 2025, premiums for about 22 million Americans will soar, in some cases by thousands of dollars, according to NBC News .
The Affordable Care Act, also known as Obamacare, originally passed in 2010. Trump and Republicans have long criticized the law, but past efforts to repeal it failed.
“The only healthcare I will support or approve is sending the money directly back to the people,” Trump wrote Tuesday in all caps on social media, saying he won’t accept a continuation of the Affordable Care Act structure where the funds are provided to insurance companies to keep premiums down, according to NBC. “Congress, do not

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