"ACA health exchange participants who receive a tax credit will see premium costs increase by 114 percent, on average."
"There's about a dozen members in the conference that are in these swing districts who are fighting hard to make sure they reduce costs for all of their constituents. ... We looked for a way to try to allow for that pressure release valve, and it just was not to be,"
"I am pissed for the American people. This is absolute bullshit, and it's absurd,"
House leader Mike Johnson announced the House will not hold a year-end vote to extend tax credits for Affordable Care Act marketplace recipients, making expiration likely. Expiration of the tax credits will cause average premium increases of 114 percent for recipients who currently receive the credits. Johnson cited disagreements within the Republican conference and lack of consensus on how to address the price increases as the reason for not holding a vote. Centrists in swing districts pushed to reduce costs for constituents, while funding mechanisms for the credits remained a key sticking point. Representative Mike Lawler expressed strong frustration at the decision.
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