The Affordable Care Act’s enhanced premium tax credits are scheduled to expire at year end. Democrats wanted a one-year extension of the credits in return for the votes to pass a funding deal to reopen the federal government. However, after eight Senate Democrats broke with their party to vote with Republicans to reopen the government without getting an extension on the credits, it may be more likely that they’ll expire on Dec. 31, 2025. In response, a bipartisan House bill has emerged. The bill, dubbed the “Fix It Act,” calls for extending the credits for two years, paid for by capping credit eligibility and cracking down on upcoding and fraud.
