And no one disputes that if that happens, tens of millions of Americans are going to experience skyrocketing health insurance premiums, in some cases increasing by $1,000 or $2,000 per month. And 90% of the people who rely on the Affordable Care act tax credits make around $63,000 per year. These are working class Americans, everyday Americans and middle class Americans. And so we've got to make sure that we don't allow these tax credits to expire at the same time. (02:18–02:25)
CLAIM
Asserts that 90% of ACA tax credit beneficiaries earn approximately $63,000 annually.
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