12/16/2025 | Press release | Distributed by Public on 12/16/2025 14:43
Washington - Rep. Mike Thompson (CA-04) released the following statement today in response to Speaker Johnson's announcement that he will not hold a vote to extend the Affordable Care Act tax credits that 24 million Americans use to afford health care. Without renewal, these tax credits will expire at the end of the year and families will pay double for their health insurance premiums in 2026:
"Across our country, American families are being squeezed by higher grocery prices, utility bills, and even soaring costs for holiday gifts. Now, Speaker Johnson has announced he's delivering the policy equivalent of a sack of coal for Christmas. Republican leadership's refusal to work across the aisle to extend these credits means millions of families will pay double for their health care premiums next year. This isn't just bad policy. It's cruel. The American people deserve better.
"If only four Republicans joined Democrats, we would have the support needed to force a vote and pass through the House of Representatives a three-year extension of the Affordable Care Act Enhanced Premium tax credits."