WASHINGTON — Senate Minority Leader Chuck Schumer, D-N.Y., said Thursday that Democrats will force a vote next week on a bill to extend expiring Affordable Care Act tax credits and prevent health insurance premiums from skyrocketing for millions of Americans.
Schumer said it will be a “clean” three-year extension of the enhanced ACA funds that first passed in 2021, designed to cap premiums for an average marketplace plan to 8.5% of income, and he said “every single Democrat will support it.”
Schumer’s legislation is all but guaranteed to fail , as many GOP senators want the ACA funds to expire, arguing that the Covid-era subsidies were meant to be temporary and are no longer needed.
Hopes fade in Congress for a health care deal before premiums are expected to soar
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