Conservatives, fighting for tax cuts, are building a case for letting Obamacare’s premium tax credits expire next year, potentially leaving nearly 4 million people uninsured.
People in low-to-moderate income households can get a refundable tax credit to buy health insurance through Affordable Care Act marketplaces, a provision Democrats expanded in 2021. The following year, Democrats extended the expansion through the end of 2025. President Joe Biden has called for making the expanded tax credit permanent to avoid driving up insurance premium costs that could increase the number of people in the US going without health coverage.
The credits’ expiration aligns ...