By Nolan D. McCaskill and Richard Cowan

WASHINGTON, Dec 11 (Reuters) – The Republican-controlled U.S. Congress is poised to allow tax credits to lapse for 24 million Americans this month, as a December 31 deadline approaches with no sign of a healthcare compromise before the Senate votes on Thursday on dueling proposals that lack enough support to pass.

The Democratic proposal on the subsidies under the Affordable ‍Care Act, popularly known as Obamacare, would extend COVID-era subsidies for three years to keep insurance premiums from soaring for many. Those premiums could more than double in cost on average, according to KFF, a health policy organization.

A Republican bill by U.S. Senators Bill Cassidy of Louisiana and Mike Crapo of Idaho would send up to $1,500 to individuals earning l

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