Washington, D.C. – Today, the Senate passed a continuing resolution that paves the way for Republicans to rip away cost-saving tax credits for middle-class families, jeopardizing the health and financial stability of millions of people. This was one of the few legislative opportunities to protect health care for working families, but now families’ insurance premiums are set to increase by an average of 90 percent and 5 million people will lose their health coverage. This comes as Trump and his MAGA Republicans are gearing up to make the largest Medicaid cuts in history, threatening to strip coverage from millions of seniors, children, and the most vulnerable Americans, all to fund tax cuts for the wealthy and big corporations. In response, Protect Our Care President Brad Woodhouse issued the following statement:
“Republican premium hikes are coming. Despite a tradition of bipartisanship during the budget process, Republicans jammed the measure through both chambers at the behest of Trump. By taking away the ACA’s enhanced premium tax credits, Republicans are letting premium costs skyrocket at the end of the year. Working families will have to pay more or lose their health insurance entirely. While families are struggling to make ends meet, Trump is spearheading policies that will drive up health care costs and strip away coverage that millions of Americans count on. It’s clear where Trump and the Republicans’ priorities lie: in the pockets of billionaires while working families bear the cost.”