Davids urges House vote on extending health insurance tax credit

TOPEKA — U.S. Rep. Sharice Davids of Kansas joined five dozen colleagues requesting a House vote on legislation extending federal tax credits set to expire at the end of December that were implemented to moderate Affordable Care Act insurance costs.

In the letter signed by 59 lawmakers and sent to House Speaker Mike Johnson, the coalition said a bill preserving the tax credit would allow more than 24 million Americans in the ACA to avoid substantial premium increases in 2026. Sky-high premiums could prompt as many as 4 million people to drop health coverage.

Davids said 160,000 Kansans relied on federal tax credits last year to save an average of $700 annually on health care premiums.

“Families in Kansas and across the country are staring down massive health care price hikes because Congress hasn’t done its job,” said Davids, the Democrat representing the 3rd District in the Kansas City area. “Republican leadership in the Senate has already promised a vote to extend ACA tax credits. There is no excuse for the House to stall any longer.”

Davids said a bipartisan majority in the House support action to mitigate rising health care costs. While Democrats have sought a tax-credit extension, Republicans complained the credits were costly to the government and helped boost insurance company profits. The Congressional Budget Office estimated it would cost the $350 billion in the next decade if the subsidy were extended.

“Inaction here will decimate millions of Americans’ budgets and force impossible decisions between receiving necessary care and other basic needs,” the letter said.