House Democrats on three key committees are discussing the extension of enhanced Obamacare tax credits that are set to expire at the end of the year.
The premium tax credits under the Affordable Care Act help individuals pay for health premiums if they have a plan through the ACA marketplace. During the Covid pandemic, Congress passed an enhancement of these subsidies that made them more generous and allowed more individuals to access the assistance. But these enhanced tax credits will end this year if Congress doesn’t act.
Democrats from the House Energy and Commerce Committee, Education and the Workforce Committee, ...