24 results for search: adams


News Briefing for Thursday, March 19

HEALTHCARE: GOP aims to sink Obamacare with reconciliation But first they have to strike a difficult deal on an overall budget “Senate Republicans want to use a powerful budget maneuver known as reconciliation to go after President Barack Obama’s health care law — particularly if the Supreme Court strikes down key provisions of Obamacare this June. Using the fast-tracking procedure offers some advantage for Republicans, largely because a reconciliation package can’t be filibustered. But it’s not going to be easy. First, House and Senate Republicans need to agree on a budget resolution, which could be difficult with fiscal conserva...

News Briefing for Wednesday, March 11

HEALTHCARE: CBO: Obamacare Premiums Will Increase Faster Than Private Plans “Obamacare health insurance premiums will grow faster than either private policies or the federal government in coming years, according to the Congressional Budget Office. In a report released Monday, the CBO issued updated budget projections showing that “premiums for policies sold through the exchanges are expected to increase more rapidly than the underlying trend in spending” between 2016 and 2018. The CBO projects that the average premium for Obamacare policies will increase by 8.5 percent annually in those years, while federal spending is expected to grow by ...

News Briefing for Friday, March 6, 2015

TEA PARTY PATRIOTS: Unions Rally In Support Of ObamaCare Tax Credit (Quote by Kevin Broughton) “Kevin Broughton, the communications director for the Tea Party Patriots, is suspicious that organized labor is paying much of the crowd for their attendance. “The other folks over here, they mind their manners, which you would expect if you were being paid to come out and protest,” Broughton claims. “They either don’t have jobs or their being paid by the SEIU or some of the other folks that have a vested interest in having their neighbors pay for their own health care.” Broughton also contends that their argument is all emotion and that ...

News Briefing for Tuesday, March 3, 2015

HEALTHCARE: We all win if Supremes gut ObamaCare “…If the high court reins in the subsidies, here’s what’s likely to happen: --People with ObamaCare subsidies will still be helped - No matter how the justices rule, it will have no impact on the poor. Nine out of every 10 people who are newly insured because of ObamaCare are on Medicaid, which will be unaffected. Yes, close to 6 million middle-class Americans get the questionable subsidies and so pay a fraction of their plan’s actual cost, while taxpayers pick up three-quarters of the bill. If the court nixes those subsidies, these people will be facing huge premium hikes — and the ...

News Briefing for Saturday, February 7, 2015

HEALTHCARE: Affordable Care Act? Try 'Aggravating Challenge for Accountants' “Two of the most complicated facets of American life have just collided: health care and the federal income tax form. As set out in the Affordable Care Act, starting now health insurance has been woven into every individual federal tax form. Let’s ignore the effect on the ibuprofen market (investment tip?). For the IRS and for thousands of accountants, the result is a once-in-a-generation challenge: a new tax requirement for every American that could be violated accidentally, with ease. “This is a very very big change,” says tax accountant Poonam Bansal. “It ...

News Briefing for Saturday, February 7, 2015

HEALTHCARE: Affordable Care Act? Try 'Aggravating Challenge for Accountants' “Two of the most complicated facets of American life have just collided: health care and the federal income tax form. As set out in the Affordable Care Act, starting now health insurance has been woven into every individual federal tax form. Let’s ignore the effect on the ibuprofen market (investment tip?). For the IRS and for thousands of accountants, the result is a once-in-a-generation challenge: a new tax requirement for every American that could be violated accidentally, with ease. “This is a very very big change,” says tax accountant Poonam Bansal. “It ...

News Briefing for Friday, January 16, 2015

HEALTHCARE: Burwell urges GOP to 'move beyond' ObamaCare arguments “Health and Human Services (HHS) Secretary Sylvia Mathews Burwell on Thursday promised a "vigorous" defense of ObamaCare this Congress as she outlined policy priorities she said could receive bipartisan support, such as addressing prescription drug abuse and accelerating the development of medical cures. "I hope we can move beyond the back and forth of the Affordable Care Act," Burwell said at the New America Foundation. She also downplayed Republican plans to target pieces of the healthcare law now that the GOP is in control of both chambers on Capitol Hill.  "We want to find ...

News Briefing for Tuesday, January 6, 2015

TEA PARTY PATRIOTS: Boehner in line for 3rd term as speaker; GOP readies agenda “House Speaker John Boehner's prospects for a new term appeared secure Monday despite grumblings from tea party-aligned dissidents on the eve of a Republican takeover of Congress, while GOP leaders in both houses pointed toward a swift veto showdown with President Barack Obama over the long-stalled Keystone XL pipeline. Senate Republicans, winners of a majority in last fall's elections, began laying down markers for legislative battles ahead. "Tax reform should not be used as an excuse to raise taxes on the American people," wrote Sen. Orrin Hatch of Utah, who will ...

News Briefing for Tuesday, December 30, 2014

HEALTHCARE: ObamaCare fines rising in 2015, IRS prepares to collect “Don't have health insurance? Get ready to pay up.  The ObamaCare-mandated fines for not having insurance are rising in 2015 -- and for the first time, will be collected by the Internal Revenue Service. The individual requirement to buy health insurance went into effect earlier this year. But this coming tax season is the first time all taxpayers will have to report to the IRS whether they had health insurance for the prior year.  The fines for the 2014 year were relatively modest -- $95 per person or 1 percent of household income (above the threshold for filing taxes), ...

News Briefing for Monday, December 29, 2014

HEALTHCARE: As Medicaid Rolls Swell, Cuts in Payments to Doctors Threaten Access to Care “Just as millions of people are gaining insurance through Medicaid, the program is poised to make deep cuts in payments to many doctors, prompting some physicians and consumer advocates to warn that the reductions could make it more difficult for Medicaid patients to obtain care. The Affordable Care Act provided a big increase in Medicaid payments for primary care in 2013 and 2014. But the increase expires on Thursday — just weeks after the Obama administration told the Supreme Court that doctors and other providers had no legal right to challenge the ...