0:00 0:00 1x

This is read by an automated voice. Please report any issues or inconsistencies here .

Millions of Americans face steep health insurance premium increases unless Congress extends pandemic-era tax credits set to expire Dec. 31.

Democrats threaten government shutdown if Republicans don’t extend subsidies, while GOP remains divided on extending Affordable Care Act benefits.

Without action, insurers warn premiums could surge up to 50%, forcing some people to drop coverage.

WASHINGTON — There’s bipartisan support in Congress for extending tax credits that have made health insurance more affordable for millions of people since the COVID-19 pandemic. But the credits are in danger of expiring as Republicans and Democrats clash over how to do it.

Democrats are threatening

See Full Page