House Freedom Caucus chairman Andy Harris, R-Md., and several other Republican members are pressing Congress to let COVID-era Obamacare subsidies expire, writing in a Newsweek opinion piece that keeping them would be a “colossal mistake.”
“These expanded ACA tax credits were always meant to be short-term adjustments. They both eliminated the income cap on subsidy eligibility and increased the amounts that the federal government paid toward premiums on the Obamacare exchanges,” wrote Harris, along with Rep. Andrew Clyde, R-Ga., Rep. Keith Self, R-Texas, Rep. Scott Perry, R-Pa., and National Taxpayers Union President Pete Sepp.
Congress in 2021 passed the American Rescue Plan Act as part of pandemic relief. It made ACA subsidies more generous and available to people with higher incomes.
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