Key ACA tax credits likely to expire after House speaker blocks vote
Crucial tax credits that reduce the cost of Affordable Care Act health insurance coverage for millions of Americans appeared set to expire by the end of the year after House Speaker Mike Johnson said Tuesday there would be no vote this week on extending those subsidies.
The House is not in session next week, meaning Johnson won’t leave the door open for a later vote before the increased ACA premium assistance expires.
There’s a chance that enough Republicans in Johnson’s majority caucus will agree to support the Democrat-led effort to hold an effective vote on expanding tax credits for Obamacare health plans.
The tactic, the habeas corpus petition, is the same tactic recently used to force a vote on a bill mandating the release of the Justice Department’s investigative files on sex predator Jeffrey Epstein.
“We looked for a way to allow the pressure relief valve, and that wasn’t possible,” Johnson, R-La., said at a news conference, referring to the looming expiration date of the aid.
“We actually worked on it over the weekend and in the end no agreement was reached,” he said.
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