Summary
A group of House Republicans is trying to extend premium subsidies provided by the Affordable Care Act (ACA). These subsidies are set to expire soon, and if that happens, many people could face higher healthcare costs. Congress is expected to vote on this issue soon.
Key Facts
- Enhanced Affordable Care Act premium subsidies will expire at the end of 2025 unless Congress acts.
- The subsidies were expanded during the COVID-19 pandemic to help people afford health insurance.
- About 24 million Americans use these tax credits for their health care.
- Some Republicans want to extend the subsidies, while others oppose doing so.
- Representatives Jen Kiggans and Josh Gottheimer are promoting a bipartisan proposal called "CommonGround 2025" to extend these subsidies.
- More than a dozen House Republicans support the proposal to extend the ACA premium tax credits.
- Another plan, the "Fix It Act," also aims to extend these subsidies and is co-sponsored by both Republicans and Democrats.
