Democrats demand the CR include an ACA tax credit extension. If the enhanced subsidies expire December 31, 2025, what happens to enrollees earning above 400% FPL (Federal Poverty Level, approximately $63,000 for an individual) who previously qualified under the enhanced credits?
Explanation
The American Rescue Plan Act and Inflation Reduction Act eliminated the 400% FPL cap. This let middle-class families earning above $63,000 (400% FPL for an individual) qualify for subsidies by capping...
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