Political Quotes

On the recordDecember 10, 2025
the clock is ticking. In a matter of days, 24 million Americans will see their health insurance premiums double or triple. Since August and even earlier, Democrats have been imploring Republicans to do the right thing and extend the healthcare tax credits that will make health insurance affordable. For months, Republicans dawdled and dithered. Finally, last night, at the eleventh hour, they came up with an unworkable, partisan plan that cuts more money out of Medicaid, penalizes women who need reproductive health care, and introduces an almost Darwinian system that gives people a finite amount of money to pay for routine healthcare and little more coverage if they get seriously ill and need costly treatment. Their plan will not work. More than that, there is no time to implement it. The solution is simple: Extend the existing tax credits. If there are additional bipartisan reforms to reduce costs--and I believe there are--let's continue to work on them once we have adopted the extension because if we don't pass this bill, we know what will happen: The insurance Marketplace will falter, and costs will get higher for everyone--everyone--not just those who lose the tax credit, but as more money comes out of the system, the insurance companies will charge higher rates for everyone. Indeed, too often, when health insurance premiums soar, people who used to be able to afford health insurance will end up forgoing it altogether.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Addressing the urgent need to extend healthcare tax credits to prevent rising insurance premiums.

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