Senator Peter Welch to Lead Bipartisan ACA Tax Credits Extension Conference

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Senator Peter Welch to Lead Bipartisan ACA Tax Credits Extension Conference

U.S. Senator Peter Welch (D-Vt.) is set to lead a bipartisan press conference on December 4, 2023. The event aims to discuss the critical extension of Affordable Care Act (ACA) premium tax credits, which are on the verge of expiration. The press conference will commence at 11:30 AM ET in the Senate Radio-TV Gallery (S-325).

Event Participation

Welch will be joined by several prominent lawmakers at this event:

  • Representative Kevin Kiley (R-CA-03)
  • Representative Jen Kiggans (R-VA-02)
  • Representative Don Bacon (R-NE-02)

Members of the press wishing to attend are encouraged to RSVP by contacting Aaron White.

Welch’s Background

Senator Welch is an influential member of the Senate Finance Committee. His political career spans years of dedicated service, having been elected to the U.S. House of Representatives for 16 years before moving to the Senate in 2022.

Importance of ACA Tax Credits

The ACA tax credits are essential for making health insurance affordable for many Americans. They provide financial assistance and are crucial for sustaining health coverage amid rising healthcare costs. The approaching expiration of these credits poses a significant challenge for millions who rely on them.

Upcoming Legislative Efforts

Welch’s push for extending these tax credits is part of broader legislative efforts, which include other recent proposals:

  • S.3295 – Establishing a credit for adult child caregivers
  • S.3127 – Farm to School Act of 2025
  • S.3126 – Fair Credit for Farmers Act of 2025
  • S.3102 – Bill to extend temporary enhanced premium credits
  • S.3068 – FARM Act
  • S.3019 – No Big Blockbuster Bailouts Act

As he prepares for the press conference, the focus on bipartisan efforts underscores the urgent need to address healthcare affordability through the extension of ACA tax credits.

Follow Updates on the Conference

Those interested in the developments surrounding this event can access the press conference via livestream. Continued updates about Senator Welch’s initiatives and proposals will also be available on Emegypt.