OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Extend the Tax Credits

Floor Speech

Date: Nov. 19, 2025
Location: Washington, DC

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Mr. MAGAZINER. Mr. Speaker, while Donald Trump gives billions of dollars to Argentina and gets rich selling cryptocurrency to criminals and foreign agents, millions of Americans are facing financial ruin from rising health insurance costs.

All across the country, Americans are getting letters like this from their insurance companies telling them how much their premiums are going up because of the failure of Republicans to extend the Affordable Care Act tax credits.

Susan, from Foster, Rhode Island, a marketing consultant, is seeing her insurance go up from $600 a month to $2,100, a 250 percent increase.

Sarah, a small business owner from Cranston, is seeing her premiums go up more than $5,000 a year. Hillary, from Providence, her family of four is going to be paying $10,600 more next year for the same insurance.

It is time for President Trump and House Republicans to wake up to what the American people are experiencing and extend the Affordable Care Act tax credits now. Stop playing games. Let's save the healthcare of the American people.

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