All articles tagged with #tax credits
Originally Published 2 days ago — by CBS News
Colorado's congressional representatives reacted to the House's passing of a 3-year extension for ACA tax credits, with some Republicans calling for reforms due to concerns over fraud and waste, while Democrats support the extension as a starting point for broader negotiations. The legislation faces challenges in the Senate, which previously rejected a similar extension.
Originally Published 3 days ago — by CBS News
The U.S. House approved a three-year extension of ACA health care tax credits with bipartisan support, aiming to serve as a foundation for a broader Senate compromise on health care reform, amid ongoing negotiations and disagreements over reforms and funding.
Originally Published 8 days ago — by Bloomberg.com
The removal of US federal tax credits for residential solar panels, batteries, and heat pumps by 2026, along with tariffs and domestic manufacturing mandates, is expected to increase costs for home electrification. However, new financing models like lease-to-own and ongoing energy savings may mitigate some expenses, while tariffs could raise prices on imported components. Despite these changes, demand for solar and heat pumps is expected to remain strong due to rising electricity costs and environmental considerations.
Originally Published 2 months ago — by PBS
The recent legislative deal to end the government shutdown does not include a plan to extend or reinstate expiring ACA premium tax credits, which could lead to higher health insurance costs for millions of Americans and an increase in uninsured individuals unless Congress acts to address the issue.
Originally Published 2 months ago — by Axios
A growing number of Senate Republicans are open to a deal on extending ACA premium subsidies, which could help end the government shutdown and prevent health care premium spikes, though some demand reforms and conditions such as an income cap before supporting an extension.
Originally Published 2 months ago — by Fortune
Rivian's CFO indicates that the end of EV tax credits is prompting the company to develop a more affordable, mass-market electric SUV, the R2, to expand its customer base and support future growth, including new manufacturing facilities and autonomous features.
Originally Published 2 months ago — by ABC News
Enrollees in the ACA face significant premium hikes in 2026, with some experiencing over 300% increases if current tax credits expire, leading to financial hardship and potential cancellations, amid ongoing political debates over subsidy extensions.
Originally Published 2 months ago — by BBC
The open enrollment for ACA health insurance begins amid rising premiums, especially for those losing tax credits, with potential coverage loss for millions if subsidies are not extended, amidst ongoing government shutdown debates and legal challenges over funding for SNAP.
Originally Published 2 months ago — by Fox Business
Obamacare health insurance premiums are expected to rise significantly in 2026, with an average increase of 26%, due to factors including the potential expiration of enhanced premium tax credits, which could cause monthly premiums to more than double for some enrollees if not extended. The ongoing government shutdown is central to the debate over extending these subsidies, impacting millions of Americans enrolled in ACA plans.
Originally Published 2 months ago — by AP News
The upcoming health insurance enrollment period is impacted by a government shutdown, leading to higher premiums, reduced assistance, and uncertainty over extended tax credits, prompting consumers to start shopping early and carefully consider their options amidst potential cost increases and limited help.
Originally Published 2 months ago — by The Hill
A poll shows that a majority of voters favor extending enhanced ObamaCare tax credits, which could influence GOP strategies in the upcoming midterms, as voters prefer candidates who support these subsidies amid ongoing government shutdown negotiations.
Originally Published 2 months ago — by WBUR
Open enrollment for ACA health plans begins soon, but premiums are expected to rise significantly due to the expiration of tax credits, impacting over 24 million enrollees, especially in red states and among middle-income seniors, potentially increasing the uninsured rate and straining hospitals.
Originally Published 2 months ago — by Variety
California has allocated $342 million in tax credits to boost big-budget film productions, including 'Jumanji' and 'Heat 2,' as part of an effort to revitalize its film industry amid declining production and increased competition from other states and countries.
Originally Published 2 months ago — by The Hollywood Reporter
California has announced a $334 million film incentive program, supporting 52 movies including Michael Mann's 'Heat 2' and a 'Jumanji' sequel, with a significant increase in applications and funding to boost local production and economic activity.
Originally Published 2 months ago — by The New York Times
The ongoing government shutdown has intensified the debate within the Republican Party over healthcare, highlighting their inability to propose an alternative to Obamacare, while Democrats demand extension of ACA tax credits as a condition for funding agreements.