WASHINGTON — Hopes are fading for a year-end bipartisan deal to extend Affordable Care Act tax credits after a potential compromise proposal floated by President Donald Trump’s White House has fizzled with congressional Republicans.

GOP leaders in the House and Senate have poured cold water on the putative plan put forward by the White House before Thanksgiving and Democrats say no one is negotiating with them as the clock ticks down to massive health insurance premium increases that will hit more than 20 million Americans on January 1 if no deal is reached.

With his Republican allies badly divided, Trump himself has failed to go to bat for his own White House’s tentative proposal, admitting he would prefer to allow the tax credits to expire rather than fund an extension that would furth

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