Enhanced premium tax credits, which have made Affordable Care Act coverage more accessible, will likely expire at the end of this year, which could lead to skyrocketing health care costs for many Americans.
Dueling health care bills failed in the Senate today.
Senators rejected both a bill to extend the tax credits for 3 years and an alternate plan that would have created new health savings accounts for consumers to put toward out-of-pocket costs, according to the Associated Press.
The AP noted the arguments against each: some said the Democrat-backed extension legislation is too expensive and