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Washington, D.C. – Congressman Veasey has released the following statement on the 2nd anniversary of the October 7th Attacks:
Washington, D.C. – On October 1, 2025, the federal government shut down after Republicans blocked a resolution to extend the Affordable Care Act’s Premium Tax Credit. Without the extension, millions of Americans will see their premiums skyrocket, with some families facing thousands of dollars in monthly healthcare costs. Congressman Veasey released the following statement:
Important Government Shutdown Information
On Wednesday, October 1, the Federal Government “shutdown.”
This is because Republicans have not agreed to extend the ACA's Premium Tax Credit. A brief explanation is below:
The Affordable Care Act’s Premium Tax Credit was created under Obamacare, and expanded after COVID under President Biden’s American Rescue Plan Act.
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