Hochul calls on Congress to pass extension of Affordable Care Act enhanced premium tax credits
ALBANY, NY- Governor Kathy Hochul today called on Congressional leadership to pass an extension of the Affordable Care Act’s enhanced premium tax credits, which are set to expire at the end of this-year.
New York is one of 18 states to sign a joint letter stating that without these subsidies, millions of Americans will see their healthcare premiums rise by thousands of dollars.
According to the Governor’s office, more than 140,000 New Yorkers rely on these enhanced credits to access quality, affordable health coverage.
In addition, these credits support a further 1.7 million New Yorkers on the Essential Plan, which provides low or no-cost coverage for working families statewide.
“Republicans in Congress just voted to make healthcare more expensive than ever for all New Yorkers,” Governor Hochul said. “I’m proud to stand with Democratic governors across the nation urging Congress to extend these tax credits that hardworking families deserve.”
Meanwhile, officials from the Whitehouse have disputed these statements from the Governor and other like claims.
Instead, a Big, Beautiful Bill Q&A fact sheet from the Whitehouse this summer states there will be no cuts to Medicaid. Rather, the bill is designed to eliminate fraud and abuse by removing illegal citizens, while also enforcing work requirements.
Furthermore, the Whitehouse says the Big, Beautiful Bill Act does not cut Medicare and will not result in the closure of rural hospitals.
Full fact sheet transcript below:
MYTH: The One Big Beautiful Bill “kicks American families off Medicaid.”
FACT: As the President has said numerous times, there will be no cuts to Medicaid. The One Big Beautiful Bill protects and strengthens Medicaid for those who rely on it—pregnant women, children, seniors, people with disabilities, and low-income families—while eliminating waste, fraud, and abuse. The One Big Beautiful Bill removes illegal aliens, enforces work requirements, and protects Medicaid for the truly vulnerable.
MYTH: The One Big Beautiful Bill “cuts Medicare.”
FACT: Medicare has not been touched in this bill— absolutely nothing in the bill reduces spending on Medicare benefits. This legislation does not make a single cut to welfare programs—it safeguards and protects these programs for all eligible Americans.
MYTH: The One Big Beautiful Bill “will close rural hospitals.”
FACT: Rural hospitals comprise just 7% of all hospital spending on Medicaid, illustrating that they have not benefited from the massive increase in waste, fraud, and abuse under the Biden administration. By strengthening Medicaid, we are making more resources available for vulnerable populations and safety net providers, like rural hospitals. We are expanding rural hospital protection, providing targeted funds for rural care, and giving states flexibility to support local providers.
MYTH: “People will literally die” from the One Big Beautiful Bill — “and millions will be kicked off their healthcare.”
FACT: This is one of the most egregious, deranged attacks from the Left peddling fear over the facts. The One Big Beautiful Bill protects eligible Americans on federal welfare – including Medicaid. By strengthening the integrity of Medicaid by eliminating waste, fraud, and abuse, its resources can be refocused on providing better care for those whom the program was designed to serve: pregnant women, children, people with disabilities, low-income seniors, and other vulnerable low-income families.
New York State Capitol image.
