House Votes to Restore ACA Tax Credits, Prevent Premium Hike

House Votes to Reinstate Key Affordable Care Act Tax Credits Amid Rising Costs

The escalating cost-of-living crisis has been a pressing concern for millions of Americans. In a significant move, the U.S. House of Representatives has voted to reinstate critical tax credits under the Affordable Care Act, aiming to prevent a potential surge in healthcare premiums for a vast number of people.

AFSCME President Lee Saunders expressed support for the decision, emphasizing the vital role these tax credits play in making healthcare accessible. “The cost-of-living crisis is an unaffordable and unsustainable reality for millions of people, and it’s getting worse. Thankfully, pro-worker lawmakers in the House voted today to restore the Affordable Care Act premium credits – a lifeline helping tens of millions of families afford health care,” Saunders stated. He further highlighted the broader impact of these credits, noting that they help keep insurance costs manageable for everyone.

Saunders urged the Senate to take prompt action in reinstating the credits, noting, “Supporting them should be a no-brainer. We call on the Senate to act quickly and restore these tax credits. Working families are counting on them.”