On the 11th day of repeal, the GOP took from me: tax credit expansion.
The Inflation Reduction Act expanded premium tax credits, reducing or eliminating out-of-pocket premiums for millions of people and saving Americans an average of over $800 per year. Right now, 80% of consumers can find coverage through the Marketplace for $10 or less. Keeping premiums low for more households than ever before allows them to re-enroll in the coverage they need and avoid becoming uninsured. It also allows them to put those savings to use in other important areas, such as putting food on the table or paying rent, for years to come.
With Republicans in control of the House of Representatives, they have attacked the Inflation Reduction Act and threatened to repeal all of its savings. These attacks have continued as Republicans elected Mike Johnson (R-LA) as Speaker of the House. Johnson has a radical health care record with repeated votes against affordable, accessible health care.
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