Congressman Jeff Van Drew has joined a bipartisan group of House members to advocate for a short-term extension of the Affordable Care Act’s (ACA) tax credits, while also pushing for targeted changes to the system. The coalition sent a letter to both House and Senate leadership requesting a meeting to discuss future steps for health insurance policy.
“Extending these credits affects millions of Americans,” said Congressman Van Drew. “I have spoken with countless constituents who will be hit hard if we do not act. I am not a supporter of the ACA by any means. It has fraud, corruption, and it has failed to truly bring down costs. But families trying to get by did not create this problem. Politicians in Washington did. Now it is our responsibility to fix it. People cannot afford to lose their coverage while we work on a better plan. We need time to put together a system that is more responsible and more affordable than the ACA, and we need to protect coverage for the men, women, and children of America in the meantime. This bipartisan framework is a good first step. We have a lot more work to do, and we are going to keep at it until we reach a plan that works for the American people.”
In addition, Congressman Van Drew introduced the Tax Credit Extension Act. This legislation would extend enhanced ACA premium tax credits through 2027 and increase the maximum household income eligibility up to 700% of the federal poverty line.
The text of both the bipartisan framework and letter sent to leadership can be accessed online, as well as details about the Tax Credit Extension Act.