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The U.S. Senate will vote today on rival bills to extend Affordable Care Act premium tax credits, which are due to expire at the end of December, affecting 21.8m people. Democrats propose a three-year extension, while Republicans back a $1,000 payment into health savings accounts instead. Neither bill is expected to pass, raising the likelihood of steep healthcare cost increases, with KFF estimating premiums could more than double. A bipartisan House group has offered a compromise extension through 2027, but Republican House leadership remains opposed to the credits.
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