Subject: The GOP's Math Crisis
Without the extension of the premium tax credits, which Republicans permitted to lapse at the end of the year when they passed their July budget reconciliation bill that they call the “One Big Beautiful Bill Act,” the 24 million Americans who buy insurance on the ACA marketplace will see their insurance premiums skyrocket, and millions will lose their health insurance altogether. And yet, Republicans oppose the extensions, which will cost the government about $350 billion over the next ten years.

The Republicans’ extension of the 2017 tax cuts in that same bill will cost about $4 trillion over the same period.

—Heather Cox Richardson