When you hear one of these media folks all snide about Dems demanding the ACA tax cut extension [View all]

..like the handful I heard this morning questioning the wisdom of Democratic leaders choosing the Obamacare tax credit as their primary demand, I just think they have to be so well off that they don't ever have a need to consider the price of anything.

Consider that reublicans made most of their extension of Trump's 2017 tax bill permanent, and they're waving the tax credit that affects millions of Americans that they refused to make permanent in Democrats' faces like republicans don't also advantage ACA tax credits to reduce the cost of their own health insurance premiums.

The ACA tax credits are set to expire on December 31, 2025, unless Congress intervenes. Approximately 22 million Americans rely on the Affordable Care Act tax credits to lower their health insurance costs. Since their introduction in 2021, nearly 50 million Americans have been covered.

Ari Melber was estimating the price increase in a conversation with AOC, and he supposed they'd rise by 10%-15%, but the representative corrected him that premiums are due to at least DOUBLE, maybe triple if the tax credit expires, for 22 million Americans.

That means after December, tens of millions of Americans who ccan't afford health insurance won't have any coverage at all.

Steven Rattner@SteveRattner
Democrats are fighting to preserve an Obamacare tax credit. Without it, a 55-year-old couple making $85K would see their premiums more than triple to $24,535.



The other important thing Democratic leaders are demanding alongside of their insistence that these tax credits get extended, is that Congress deal here and now with the rescission loophole that allows the president to claw back money from this bipartisan deal and others, which makes the whole process just a farce and a con.

From what I understand, their view is that prioritizing something so important and vital to millions of Americans will make clear to Americans why they're fighting, and draw them into the battle to undo this and other benefits held hostage or eliminated by this republican majority.

I agree.