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Senator says North Carolinians on hook for up to 25 percent Obamacare price jump
Sen. Richard Burr (R-N.C.) says North-Carolina residents in 2017 potentially face a 19-to-25-percent jump in their Obamacare health insurance thanks to a proposed rate increase from the Tar Heel State’s Department of Insurance on top of limited health-insurance options. McClatchy DC has the details: Further, because major health insurers have suffered losses and are exiting…
Read MoreIRS corrects earlier estimate, says taxpayers shelled out $1.7 billion in Obamacare penalties in 2014
Internal Revenue Service data show 8 million American taxpayers coughed up nearly $1.7 billion in penalties for not purchasing Obamacare in 2014, a $200 million increase from earlier penalty estimates from 2014. The Washington Free Beacon has the scoop: “Beginning in 2014, the Affordable Care Act required that individuals must have had health care coverage,…
Read MoreBlueCross pulling out of Obamcare exchanges in Memphis, Nashville, Knoxville
Health insurer BlueCross Blueshield of Tennessee, also known as the “Volunteer State,” is not so eager any more to volunteer itself on a number of Tennessee Obamacare exchanges. The Commercial Appeal has the details: The insurer made “an extremely difficult but necessary decision” to leave the state’s three largest metro areas as it tries to…
Read MoreTea Party Patriots Weekly Report from Washington for 9/25/16
CALENDAR: The House will return on Monday, with first votes scheduled for 6:30 PM. They are scheduled to stay in town through whenever they get their work done – which means, whenever they pass a Continuing Resolution. The Senate will come back on Monday and return to consideration of H.R. 5325, the vehicle for the…
Read MoreAmericans ready for tax reform, survey says
U.S. tax-policy reform is on the forefront of Americans minds this year, according to a recent survey – which is not surprising as real-unemployment numbers remain abysmal and Americans continue to tighten their belts. CNBC has the story: That’s the finding of a recent survey of 1,040 individuals conducted by WalletHub, a provider of…
Read MorePresident Obama: Regulator in chief
President Obama in his almost eight years in office has upped the number of major regulations 31 percent over his predecessor George W. Bush adding more than $750 billion in overall costs to business and citizens and nearly 500 million more hours of paperwork, according to recent analysis. The Washington Examiner has the details: Businesses…
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