Bipartisan House Members Push for Extension of Obamacare Enhanced Tax Credits

If successful, their bill would delay the end of certain COVID-era tax credits until after the 2026 mid-term elections.

Rep.-elect Jen Kiggans (R-Va.) celebrates her win during an election night event in Virginia Beach, Va., on Nov. 8, 2022. Kiggans, a former Navy helicopter pilot, is seeking a third term in Virginia’s 2nd Congressional District, which has a strong Navy presence. Nathan Howard/Getty Images

A bipartisan group of House members has introduced a bill to extend certain tax credits for Obamacare enrollees, which are set to expire at the end of the year.

The bill, sponsored by Rep. Jen Kiggans (R.-Va.) and Tom Suozzi (D-N.Y.), would extend the “enhanced” premium tax credits for one year, avoiding an abrupt end to a financial benefit many Americans have come to rely on.