ACA Tax Credits Expiration Sparks Showdown Between GOP and Democrats

A major healthcare policy showdown is unfolding in Washington as key Affordable Care Act tax credits near their expiration deadline. Senate leaders from both parties laid out starkly different approaches to health care reform. Senate Majority Leader Chuck Schumer warned that failing to act could drive up premiums and place blame squarely on Republicans. Meanwhile, Senate Republican Whip John Thune said Democrats must accept reforms that shift power away from insurance companies and give Americans greater control over their healthcare resources.