By Caitlin Reilly | Bloomberg News

The Senate rejected a pair of partisan measures addressing the impending expiration of Obamacare subsidies , setting up a Jan. 1 spike in health insurance premiums for more than 20 million Americans.

With only a few days left before lawmakers leave for their Christmas break and few signs of life in stalled bipartisan negotiations, the failure Thursday of the dueling partisan plans all but guarantees the expiration of enhanced Affordable Care Act tax credits initiated during the pandemic era.

RELATED: Bay Area Affordable Care Act policyholders brace for price hikes

Premium costs on average will more than double for people enrolled in Obamacare plans, forcing many of them to make hard choices on their health coverage and household finances. The out

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