On the recordSeptember 16, 2025
there are life experiences which you carry for the rest of your life because they are so meaningful and change the course of your life. I will never forget what it was like to be the father of our new baby when she had a serious medical condition and I had no health insurance. I never felt more helpless than I did at that moment. It is a terrible feeling I wouldn't wish on anybody. That experience comes to mind when I think about healthcare. I thought about it when we passed the Affordable Care Act in 2010 and again when we expanded the ACA premier tax credit in 2021 and 2022, making insurance more affordable for tens of millions of Americans. We set a record. There were more Americans covered by health insurance as a result of those actions than ever in our history. Unfortunately, my Republican colleagues are preparing to subject millions of Americans to the stress-filled sleepless nights as part of heading up a family when you have no health insurance. At the end of this year, the ACA's enhanced premium tax credits will expire. If they are not renewed, insurance premiums will spike across the country for the people least likely to be able to pay, and millions and millions of Americans will lose their healthcare. These tax credits subsidize the price of healthcare for lower and middle-income families, ensuring that premiums for marketplace health plans never exceed 8.5 percent of the families' income.
Source
govinfo.gov




