Washington, DC (RI) — Iowa Senator Chuck Grassley says when health care goes up for discussion next month, it’s possible an extension of the Affordable Care Act tax credits will be on the table.
The just-ended 43-day federal government shutdown was centered around extending the ACA subsidies, which Republicans — including Grassley — opposed. Now, reports say President Trump was considering the proposal of a two-year extension, but Grassley’s unconvinced.
Some Democrats agreed to end the government shutdown in exchange for a promise from Republicans to take up the health care discussion and vote during December. The subsidies are scheduled to run out on New Year’s Eve and could mean millions face significantly higher premiums. Grassley says he’s willing to consider options.
Grassley says there’s “great dissatisfaction” with how health insurance premiums have skyrocketed under the ACA.
Reports say President Trump was originally going to roll out a framework on Monday to extend the ACA. There is now -no- timeline for that announcement. The tax credits that are set to expire December 31st are helping some 22 million Americans to lower their health care costs through the ACA marketplace.
KIWA Staff Photo
