NEW YORK (AP) — Most Americans desire Congress to extend tax credits for health insurance that, if not renewed, could significantly raise costs for millions, according to a recent poll conducted by KFF.
The poll, conducted from September 23 to 29, reflects public support for the inclusion of tax credits in any government funding package, a demand primarily from Democratic lawmakers. The delay in negotiations, partly over these tax credits set to expire in 2025, has led to the current government shutdown, which has continued for more than three days.
Despite the widespread support for extending the subsidies, only about 40% of U.S. adults reported having read much about them, indicating that public sentiment could evolve as the political discourse progresses. Additionally, a concurrent poll showed that a majority of voters do not support the idea of a government shutdown, even amid unresolved demands from Democrats.
While Republicans have shown a willingness to discuss the issue, they maintain it can be addressed post-restoration of government funding through a non-contentious stopgap measure.
The outcome of these negotiations could critically impact health insurance costs for approximately 24 million individuals who utilize subsidized ACA coverage. The KFF poll revealed that 78% of Americans favor extending the expiring tax credits, including majorities across demographic lines of Republicans, independents, and Democrats alike.
Notably, awareness of the subsidy expiration remains low among many Americans purchasing their own insurance, as nearly 60% reported being unaware of the upcoming changes. About 70% expressed that they couldn’t afford increased premiums that would occur if the subsidies lapse.
As the deadline draws closer, House Democratic leader Hakeem Jeffries emphasized the urgency of extending the tax credits, noting that millions face potential health care costs that could disrupt their financial stability. Conversely, Republican leaders contend that Democrats are obstructing necessary funding for the government by tying it to unrelated health care issues.
As the shutdown continues, how Congress addresses this subsidy issue will likely play a significant role in shaping public opinion around health care and governance.