Senate Vote Planned on Three-Year Extension of ACA Funding

Senate Minority Leader Chuck Schumer announced that Democrats will push for a vote next week on a bill to extend Affordable Care Act tax credits for three years, capping premiums at 8.5% of income. Despite unanimous Democratic support, the bill is expected to fail as many Republicans argue that the subsidies are no longer necessary. Schumer emphasized the political stakes, urging Republicans to act before premiums rise significantly. The vote follows a promise made by Senate Majority Leader John Thune during negotiations to end a government shutdown.