After the U.S. Senate failed to reach a consensus regarding the extension of Affordable Care Act tax credits, Democratic Sen. Dick Durbin of Illinois says the result will be “devastating.”

“To have these prices go up and not provide assistance is unacceptable,” Durbin said at a press conference in Cahokia Heights on Friday. “We've got to do something about it.”

Competing partisan proposals from both Republicans and Democrats failed to reach the 60 votes needed to pass the legislation on Thursday — both at 51-48.

The Democratic proposal would have extended the ACA subsidies for three years. Four Republicans, including U.S. Sen. Josh Hawley of Missouri, voted for it. While Durbin said he doesn’t believe lawmakers will reach a consensus before the subsidies expire at the end of the yea

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