Republicans in Congress Want to Take Away Livesaving Tax Credits and Raise Health Care Costs on Working People in Order to Fund Tax Breaks for the Ultra-Wealthy
Washington, D.C. — Today, U.S. Senators Jeanne Shaheen (D-NH), Tammy Baldwin (D-WI), and Rep. Lauren Underwood (D-IL) reintroduced the Health Care Affordability Act, legislation to stop premium hikes by extending the enhanced premium tax credits that have been in effect since 2021. This comes as a record 24 million Americans have enrolled in affordable health care through the Affordable Care Act. Republicans in Congress are pushing to raise health care costs for millions of working families in order to fund more tax breaks for billionaires and big companies. In response, Protect Our Care Chair Leslie Dach issued the following statement:
“Senator Shaheen, Senator Baldwin, Representative Underwood, and Democrats in Congress are taking a critical step to fight Republican premium hikes and protect affordable health care for millions of Americans. If Republicans succeed in taking away these tax credits, health care costs will increase by an average of $2,400 for working families, and five million people will lose their health care altogether. Instead of protecting middle-class families against higher health care costs, Republicans are working to line the pockets of their billionaire friends like Elon Musk. Hardworking families are depending on Congress to act now to protect Americans against higher health insurance costs.”