Press Releases • September 23, 2025

Premiums to Skyrocket as GOP Forces Shut Down to Stop Tax Credits for Working Individuals & Small Business Owners

It’s official: If you’re a billionaire or corporation, Republicans will blow up the national debt and gut essential programs to give you a tax cut. But if you’re a working parent or small business owner, they’ll shut down the government to block yours.

The seasons may change but the misplaced priorities remain the same:

SUMMER: President Trump and Congressional Republicans gutted Medicaid and added trillions to the national debt in order to give $4.6 trillion in tax cuts to the rich and corporations.

FALL: Now, President Trump and Congressional Republicans are shutting down the federal government instead of extending the enhanced premium tax credits that help individuals and small business owners afford health insurance. It’s a new low.

OUT IN THE COLD: Individuals and small business owners are facing exponential increases in their health insurance premiums starting Nov. 1. That’s on top of the already rising costs of care, hospital closures, and reduction in services nationwide.

Earlier this week, Fair Share America and Protect Our Care held a press call featuring Rep. Pat Ryan (NY-18) and Wisconsin small business owner Kyle LaFond to discuss the importance of the enhanced premium tax credits for everyday Americans and small business owners. Watch the briefing video here.

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