Hakeem Jeffries: “The Affordable Care act tax credits are going to expire on…”

“And sir, can you lay out without any partisan bent, kind of where things stand right now just so Americans understand what's happening? Well, The Affordable Care act tax credits are going to expire on December 31st. And if that happens, tens of millions of hardworking American taxpayers are going to experience dramatically increased premiums, copays and deductibles. In some cases, premiums for health insurance will increase by $1,000 or $2,000 per month.” (00:15–00:19)

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.