BGOV Bill Analysis: S. 3385, Three-Year Extension of ACA Credits

Enhancements to Affordable Care Act subsidies enacted during the Covid-19 pandemic would be extended for three years, through Dec. 31, 2028, under S. 3385.

The enhanced tax credits, which are set to lapse Dec. 31, played a central role in the record 43-day government shutdown this fall. Democrats insisted on extending the credits, saying a lapse would cause insurance premiums to surge for tens of millions of people across the country.

In exchange for their votes to end the shutdown in November, Senate GOP leaders agreed to hold a vote on an ACA extension by the end of the ...