REMINDER: Because of Republican inaction, more than 20 million Americans are facing skyrocketing health care costs, and 4.2 million Americans are projected to lose their health care coverage entirely.
Millions of households now face a subsidy cliff. They are also confronted with an astronomical tax increase if their income disqualifies them from receiving ACA premium tax credits. Mike Rogers is a multi-millionaire Florida resident. He supported the GOP tax law that’s spiking Michiganders’ health insurance costs and called it a “monumental victory.” He also opposed an extension of ACA premium tax credits. Trump’s trade war led to a contraction in manufacturing in December. This marked the tenth consecutive month of decline, with levels falling to the lowest in 2025.
Meanwhile, over 700 companies have filed for bankruptcy through November, the highest number since 2010, in the wake of the Great Recession.