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Press Release: Schumer Highlights Significant Health Insurance Premium Increases for New Yorkers Amid GOP Inaction on ACA Tax Credits

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Senator Schumer highlights significant health insurance premium increases for New Yorkers due to stalled ACA tax credit negotiations.

Quiver AI Summary

U.S. Senator Chuck Schumer highlighted significant increases in health insurance premiums for New Yorkers, attributing the spikes to Republican opposition to extending Affordable Care Act (ACA) tax credits. Schumer pointed out that these increases could cost families over $1,000 more monthly, stressing the urgency of bipartisan negotiations to address the healthcare crisis.

According to Schumer, "Many New Yorkers... are seeing their only option is to pay thousands more than they did last year," as the “window shopping” period for 2026 health insurance begins. He criticized Republican lawmakers for their lack of action, stating, "This is a crisis that will upend the lives of nearly 24 million Americans."

The press release claims that nearly 80% of Americans, including 60% of Republicans, support the extension of ACA tax credits. Schumer urged Republicans to collaborate with Democrats to mitigate rising healthcare costs, which, if left unaddressed, may lead to millions losing coverage over the next decade.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Charles E. Schumer Net Worth

Quiver Quantitative estimates that Charles E. Schumer is worth $2.0M, as of October 15th, 2025. This is the 256th highest net worth in Congress, per our live estimates.

Schumer has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Charles E. Schumer's net worth on Quiver Quantitative's politician page for Schumer.

Charles E. Schumer Bill Proposals

Here are some bills which have recently been proposed by Charles E. Schumer:

  • S.2925: MIND Act of 2025
  • S.2681: Lowering Electric Bills Act
  • S.2556: Protecting Health Care and Lowering Costs Act
  • S.2009: Charles B. Rangel Congressional Gold Medal Act
  • S.1929: SEPSIS Act
  • S.1804: Presidential Airlift Security Act of 2025

You can track bills proposed by Charles E. Schumer on Quiver Quantitative's politician page for Schumer.

Charles E. Schumer Fundraising

Charles E. Schumer recently disclosed $102.1K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 610th most from all Q2 reports we have seen this year. 96.6% came from individual donors.

Schumer disclosed $450.5K of spending. This was the 99th most from all Q2 reports we have seen from politicians so far this year.

Schumer disclosed $8.7M of cash on hand at the end of the filing period. This was the 19th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Charles E. Schumer's fundraising on Quiver Quantitative.

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