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Mr. OLSZEWSKI. Mr. Speaker, despite Americans consistently identifying higher costs as their number one issue, today marks 369 days that this Republican-led Congress has failed to take any significant action to address the affordability crisis. Instead, chaotic trade policies, along with devastating cuts to healthcare and food programs by the President, have only driven up costs.
The recent expiration of ACA tax credits makes things even worse. In Maryland, it is the equivalent of a $4,700 tax hike. I have heard from many constituents who are now forgoing insurance altogether, exposing them to risks and spiking premiums across the board.
I am also deeply concerned about the chilling economic effect that this will have. If we aren't going to pass legislation to lower costs in this Congress, can we at least pass legislation to keep them from going up even more?
I urge my colleagues to support the rule and the legislation before us. Extend these tax credits for struggling families.
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