2022: Greg Murphy Voted Against Extending ACA Premium Tax Credits, Acknowledged Premiums Would Increase, And Later Said Extending The Tax Credits “Does Nothing To Lower The Cost Of Healthcare In America”
2022: Murphy Voted Against Extending ACA Insurance Tax Subsidies Through 2025 And Later Acknowledged Premiums Would Increase But Blamed It On Insurance Companies
2022: Murphy Voted Against Passing The Inflation Reduction Act Through Reconciliation. In August 2022 Murphy voted against: “Yarmuth, D-Ky., motion to concur in the Senate amendment to the bill comprising a package of climate, tax and health care provisions. Among drug pricing provisions, the bill would require the Health and Human Services Department to negotiate a ‘maximum fair price’ with drug manufacturers for certain Medicare-eligible, brand-name drugs that do not have generic competition; cap cost-sharing for insulin products covered under Medicare at $35 a month; and require single-source drug manufacturers to provide rebates to HHS for the price of drugs under Medicare Parts B and D for which price increases outpace inflation. For Medicare Part D, it would cap the annual out-of-pocket limit at $2,000. It would extend through 2025 tax subsidies toward Affordable Care Act marketplace insurance premiums for individuals under a certain income level. The bill would provide for approximately $270 billion in new or expanded tax credits to incentivize actions by businesses and individuals to mitigate climate change, including production credits for electricity produced by renewable and nuclear facilities; investment tax credits for certain renewable energy equipment and facilities; and credits for advanced energy manufacturing projects, including in areas where a coal mine or power plant has closed. To incentivize emission reduction and clean fuel production, it would create or extend tax credits for carbon oxide sequestration facilities; biodiesel, renewable diesel and alternative fuels; and clean hydrogen facilities. For most of its corporate tax credits, it would add prevailing wage and apprenticeship requirements and establish bonus credits for using domestic materials in facility construction. It would also expand individual tax credits for residential energy efficiency improvements and renewable energy expenses; increase credits for new energy efficient homes; and create credits for the purchase of used electric vehicles by individuals under a certain income level. It would reinstate the Superfund tax on crude oil at a rate of 16.4 cents per barrel. Among other tax provisions, the bill would establish a 15 percent alternative minimum tax for corporations with a book income of at least $1 million annually and institute a 1 percent excise tax on corporate stock buybacks. It would authorize $79.3 billion for IRS operations, including enforcement activities and systems modernization. The bill would provide funding for various activities to reduce greenhouse gas emissions, promote energy-efficient technologies and mitigate the impacts of climate change, including $27 billion for grants to state, local and nonprofit entities for greenhouse gas emission reduction activities; $9.7 billion for zero-emission or carbon capture rural electric systems; $5 billion for loan guarantees to replace or reduce emissions of energy infrastructure; $3 billion for zero-emission vehicles for the Postal Service; and $1.6 billion for methane emissions reduction and mitigation. It would provide $9 billion for residential energy efficiency improvement rebates; $3 billion for new EPA environmental and climate justice block grants for community-led activities to address pollution, emission reduction, climate resiliency and public engagement; and $3 billion for Federal Highway Administration grants for projects that address surface transportation facilities that disconnect or negatively impact communities. It would provide $4 billion for drought mitigation in Western states; $2.15 billion for hazardous fuel reduction and restoration projects; and $1 billion to improve energy and water efficiency or climate resilience of affordable housing. It would require the Interior Department to accept bids for certain canceled oil and gas leases on the outer continental shelf. It would authorize wind lease sales adjacent to U.S. territories but prohibit new wind or solar development rights on federal lands for 10 years unless the department completes certain oil or gas lease sales.” The bill passed by a vote of 220-207. [H.R. 5376, Vote #420, 8/12/22; CQ, 8/12/22]
- The Inflation Reduction Act Extended ACA Insurance Tax Subsidies Through 2025. “It would extend through 2025 tax subsidies toward Affordable Care Act marketplace insurance premiums for individuals under a certain income level.” [H.R. 5376, Vote #420, 8/12/22; CQ, 8/12/22]
August 2025: Murphy Acknowledged Premiums Would Increase But Blamed It On Insurance Companies. “Don’t let the Insurance Industry cry foul over the expiring Premium Tax Credits. They say premiums will go up but that is only to protect their record profits.” [Congressman Greg Murphy, Twitter, 8/25/25]
Image: see original report, p. 21
[Congressman Greg Murphy, Twitter, 8/25/25]
- Murphy: “Don’t Let The Insurance Industry Cry Foul Over The Expiring Premium Tax Credits.” “Don’t let the Insurance Industry cry foul over the expiring Premium Tax Credits. They say premiums will go up but that is only to protect their record profits.” [Congressman Greg Murphy, Twitter, 8/25/25]
2026: Murphy Said Extending The ACA Enhanced Premium Tax Credits “Does Nothing To Lower The Cost Of Healthcare In America”
January 2026: Murphy Said Extending The ACA Enhanced Premium Tax Credits “Does Nothing To Lower The Cost Of Healthcare In America.” “Congressman Greg Murphy, M.D., issued the following statement in response to the passage of H.R. 1834, extending temporary, COVID-era Obamacare subsidies: ‘As a physician of 35 years, I have dedicated my life to serving others, primarily those in rural and underserved communities,’ said Congressman Greg Murphy, M.D. ‘The unfortunate truth is that the Affordable Care Act failed in its promises to lower healthcare costs. Instead, patients have faced skyrocketing premiums that have led to record profits by greedy insurance companies. The failed ACA has had to be bailed out again and again. The Enhanced Premium Tax Credits were supposed to be temporary subsidies that were to last only the length of the COVID-19 pandemic. Extending these insurance company bailouts does nothing to lower the cost of healthcare in America. It is simply a continuation of bad policy and only incentivizes bad behavior by insurers, the most powerful lobby in Washington. We have to commit to reducing the growing cost of care in this country through competition rather than just putting a taxpayer-funded bandaid [sic] on a bureaucratic disaster. Greenlighting these ever-growing subsidies cannot continue. House Republicans passed the Lower Health Care Premiums for All Americans act which will do so by 11% if enacted. The Democrat discharge petition that passed the House of Representatives further burdens America’s broken healthcare system and continues to fail to address the root causes of the high cost of American healthcare.’” [Rep. Greg Murphy, Press Release, 1/8/26]
- Murphy: “The Failed ACA Has Had To Be Bailed Out Again And Again.” “Congressman Greg Murphy, M.D., issued the following statement in response to the passage of H.R. 1834, extending temporary, COVID-era Obamacare subsidies: ‘As a physician of 35 years, I have dedicated my life to serving others, primarily those in rural and underserved communities,’ said Congressman Greg Murphy, M.D. ‘The unfortunate truth is that the Affordable Care Act failed in its promises to lower healthcare costs. Instead, patients have faced skyrocketing premiums that have led to record profits by greedy insurance companies. The failed ACA has had to be bailed out again and again.’” [Rep. Greg Murphy, Press Release, 1/8/26]