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Trump Reveals Whether He’ll Support Extension of Expiring Obamacare Tax Credits

Trump's refusal to extend $35 billion in Affordable Care Act subsidies risks premium hikes for 22 million Americans and disrupts bipartisan efforts in Congress.

  • On Tuesday, President Donald Trump declared he will not support legislation to extend Affordable Care Act subsidies, announcing on Truth Social that he wants money sent directly back to people.
  • A senior White House official said on Tuesday the administration plans a health bill and left open reconciliation for passage, while proposing HSAs, FSAs, or direct payments instead of insurer subsidies.
  • An estimated 22 million people face sharply higher premiums as $35 billion per year in ACA funding expires Dec. 31, with insurance companies capping benchmark plans at 8.50% of income.
  • Next year, millions face higher costs and potential loss of coverage as premiums soar, and Republican lawmakers must decide whether to defy the president or pursue alternative fixes.
  • Just 14 House Republicans have signed on to Rep. Jen Kiggans's extension, and Michael Linden noted earlier this year that Republicans missed their chance to act; reconciliation proposals face eligibility limits.
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The Epoch Times broke the news in New York, United States on Tuesday, November 18, 2025.
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