Two Republican lawmakers have put forward legislation that would deposit $1,000 to $1,500 checks into health care accounts for Americans.

Why It Matters

Health care costs for an estimated 23 million Americans are scheduled to rise starting in January as lawmakers remain deadlocked over whether to renew the Affordable Care Act (ACA) tax credits set to expire on December 31.

Democrats are pushing to extend the credits for two or three years, while Republicans are advancing several alternative proposals.

Democrats are poised to get a Senate vote later this week on their plan to extend the enhanced ACA subsidies. The proposal is expected to fail, lacking the Republican support needed to pass, but the GOP agreed to hold the vote after Democrats insisted on it as a condition for reopening

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