ICYMI: Wall Street Journal Profiles Senator Shaheen’s Work to Extend ACA Tax Credits for Millions of Americans

(Washington, DC) – In case you missed it: The Wall Street Journal profiled U.S. Senator Jeanne Shaheen (D-NH), author of bicameral legislation that would permanently extend Affordable Care Act (ACA) enhanced premium tax credits, on her work to extend the soon-expiring tax credits that millions of Americans rely on to afford their health insurance. Shaheen has led efforts to expand and extend the premium tax credits since 2019, highlighting that if Congress fails to act before the end of the year, 24 million Americans’ premiums will skyrocket and four million people could lose their health insurance entirely.

Read the full Wall Street Journal profile of Senator Shaheen HERE.

Highlights from the article:

• “Now, a core group of lawmakers—from both parties and both chambers of Congress—that includes Shaheen is in discussions about devising a short-term extension of expiring ACA subsidies, paired with changes to tighten eligibility sought by some Republicans, and hoping the package gets a shot on the floor.”

• “’It’s in everyone’s interest to get this done,’ Shaheen said Tuesday on Fox News, where she warned that it would be ‘shortsighted’ of Republicans to fail to act. Shaheen spoke on the network Trump is known to watch before making the same point later on CNN, which has a Democratic-leaning audience.”

• “Democrats passed the ACA in 2010 and first expanded the subsidies in 2021 to people at every income level during the Covid-19 pandemic, with no Republican support either time. But with many voters in red states set to see the premiums they pay increase sharply if enhanced subsidies expire next year—a number of Republican lawmakers are eager to find some sort of extension to fend off voter anger in the midterms.”

• “Shaheen said she isn’t holding any grudges against colleagues. ‘We need to put the shutdown behind us; end the circular firing squad,’ she told CBS.”

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