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Senate rejected legislation extending pandemic-era ACA tax credits Thursday, guaranteeing sharp premium increases for millions of Americans when subsidies expire January 1st.

Democrats demanded a three-year extension; Republicans proposed health savings accounts. Neither secured the bipartisan support needed to prevent credits from expiring.

Failed votes mark a major setback for Democrats who triggered a government shutdown demanding the subsidies be renewed in upcoming spending legislation.

WASHINGTON — The Senate on Thursday rejected legislation to extend Affordable Care Act tax credits, essentially guaranteeing that millions of Americans will see a steep rise in costs at the

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