Summary
The U.S. government is shut down due to disagreements over extending Affordable Care Act (ACA) tax credits. Democrats want the tax credits extended before open enrollment, which starts on November 1, while Republicans believe there is more time. Around 24 million Americans rely on these subsidies to make health insurance affordable.
Key Facts
- The U.S. government is currently shut down because of disagreements over ACA tax credits.
- Democrats want to extend these tax credits before November 1; Republicans believe it can wait.
- The ACA tax credits help about 24 million Americans afford health insurance.
- A large majority of Americans, across political lines, support extending the tax credits.
- North Dakota's insurance commissioner supports immediate action to prevent higher premiums.
- If the tax credits are not extended, premiums could increase significantly.
- Premiums are expected to double for many consumers next year if the tax credits expire.
