The Senate delivered a major blow to Democrat leadership Thursday night after rejecting Majority Leader Chuck Schumer’s last-minute attempt to extend expiring Affordable Care Act (ACA) subsidies, subsidies Democrats themselves voted to terminate in Joe Biden’s so-called “Inflation Reduction Act” of 2022. The subsidies are set to expire on December 31, 2025 because Democrats wrote the expiration date into their own bill. Yet now, as the political consequences close in, Schumer is scrambling to pin the blame on Republicans. The Senate rejected the Democrat bill to extend Affordable Care Act tax credits, guaranteeing the subsidies will lapse on December 31. The final vote was 51–48, far short of the 60 votes required. A competing Republican bill drafted by Sens. Bill Cassidy and Mike Crapo also…
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