📅 Sunday · The week in review
IRS proposes tighter ACA tax credit rules
On Oct. 14, Treasury and the IRS proposed rules limiting Affordable Care Act premium tax credits to U.S. citizens, U.S. nationals and certain lawfully present noncitizens starting in 2027, with new verification requirements. The rules carry out last year's tax-and-spending law. Comments are due Nov. 30.
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How each side sees it
Treasury saysTaxpayers should not be forced to subsidize health care for people who are ineligible under federal law; the rules aim to prevent fraud.
The Congressional Budget Office estimatesAbout 1 million lawfully present immigrants are expected to lose ACA coverage under the provision.
Sources
Also in this edition
- Pope Leo leads Sunday prayers after surgery
- Trump defends waiving new Russia sanctions
- Ship attacks rise in the Strait of Hormuz
- Nasdaq's worst week since June
- Omar's phone seized, relatives subpoenaed
- Brewers reach first World Series since 1982
- U.S. measles cases top 4,400
- Dementia cases projected to double by 2050
- Diabetes drugs tied to fewer psychiatric stays
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