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Chuck Schumer: “Premiums go up January 1st period.”

Featuring: Chuck Schumer, Democratic | U.S. Senate New York

Senate Democrats Introduce Three-Year Extension of Health Care Subsidies

Published December 4, 2025 | Video Starts at 04:01

So a one time checks, not health care. It won't stop January's premium shock. If Republicans block our bill, there's no do over. Premiums go up January 1st period. And the premiums are like a hammer blow to the American people. You all know the numbers. Couples nearing retirement making 85,000 a year could pay $30,000 more. (04:01–04:04)

CLAIM

Asserts that health insurance premiums will increase on January 1st if the bill is blocked.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Chuck Schumer

“Couples nearing retirement making 85,000 a year could pay $30,000 more.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 04:09-04:15
“24 million Americans will see their premiums double.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 04:17-04:21
“55% of people who voted for Trump in November of 2024 support extending the credits.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 18:18-18:28
“ACA premiums expire and health care costs explode in every state, city and locality of the country.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 00:34-00:43
“Senate Democrats will introduce legislation for a three year clean extension of the current ACA tax credits.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 01:17-01:27
“Every single Democrat will support [the ACA tax credits extension].”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 01:39-01:41
“Republicans have no plan to deal with this crisis.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 02:27-02:32
“It's overwhelmingly supported by people in all parties. All parties, including Trump voters.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 19:03-19:09
“President Trump, calls this a hoax? What Trump ought to do is talk to the Republican senators and say, vote for this proposal.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 19:59-20:10
“Republicans never had a plan that could be even close to acceptable.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 20:17-20:20
“13 votes could solve the problem.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 22:05-22:09
“We're always willing to talk to people who want to lower people's health care costs.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 23:35-23:40
“They have no plan. They have no unity.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 24:33-24:33
“This is the only solution to avoid the January 1st cliff, plain and simple.”
Senate Democrats Introduce Three-Year Extension of Health Care Subsidies | Uploaded December 4, 2025 | 24:54-25:01