
Millions face skyrocketing health insurance costs unless Congress extends subsidies
There’s bipartisan support in Congress for extending tax credits that have made health insurance more affordable for millions of people since the COVID-19 pandemic. But the credits are still in danger of expiring as Republicans and Democrats are at odds over how to do it. Democrats have been pushing for months to extend the subsidies. They were first put in place in 2021 and extended a year later, when they controlled Congress and the White House, for low income people who get their health insurance through the Affordable Care Act. And some Republicans are now open to keeping the tax credits.