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flag Schumer warns of 40% health insurance hikes for NY families without extension of ACA tax credits.

flag Senator Chuck Schumer warns that without congressional action, New York families could face a nearly 40% increase in health insurance premiums due to the expiration of pandemic-era Affordable Care Act tax credits. flag He blames federal funding cuts and Republican opposition to extending the credits, which he says would lead to thousands more in annual costs for families. flag Schumer introduced legislation to permanently extend the credits and prevent a surge in healthcare expenses, urging swift action to avoid financial hardship for millions.

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