With enhanced Obamacare tax credits set to expire at the end of the year, Republicans are proposing new alternatives aimed at lowering the cost of health care.
Their window for doing so is rapidly closing — and leaving middle-class Americans uncertain in the balance.
The White House is expected to make an announcement this week addressing efforts to either renew or replace the Affordable Care Act enhanced premium tax credits, according to Treasury Secretary Scott Bessent.
“We believe health care’s going to come down,” Bessent said during an interview on Sunday’s “Meet the Press.” “We will see an announcement this coming week on that.”
The news could not come soon enough for Shana Verstegen and her husband. The couple buys insurance through the ACA exchange and is facing a 50% premium increase for their family plan in 2026 if the enhanced tax credits are not renewed by Congress.
