In the continued battle against Republican and Koch Brothers’ blitz of health care reform misinformation, Julia Boonstra (the woman who has become conservatives’ poster child for victims of Obamacare) is once again the victim of a group of vicious attackers, more popularly known as… factcheckers.
NEW YORK (CNNMoney) — Mitt Romney’s tax plan would provide large tax cuts to the very wealthy, while increasing the tax burden on the lower and middle classes, according to a study released Wednesday.
The report — produced by researchers at the Urban-Brookings Tax Policy Center — illustrates just how difficult it would be to recoup government revenue lost under Romney’s plan.
The presumptive Republican presidential nominee’s tax plan calls for 20% cuts to today’s Bush-era income tax rates. He would also eliminate the Alternative Minimum Tax.
Those tax cuts would lead to a sharp decline in government revenue. Yet Romney insists he will make up the difference in-part by limiting deductions, exemptions and credits currently available to top-level income earners.
One of the Affordable Care Acts’ opponents ‘most repeated claims is its “job killing” nature. According to the law’s critics, it has caused widespread uncertainty for the business community throughout the US keeping them from effectively budgeting for premium costs which results in companies putting off hiring. Other claims call the law’s coverage requirements prohibitive which will cause small businesses to choose between retaining costly employee health insurance plans & eliminating coverage and just pay the cheaper penalty. Opponent are positive the burdens of the health care reform will eventually drive people out of business and kill the entrepreneurial spirit in the US.
This past week witnessed the long anticipated, commencement and culmination of the Supreme Court hearings on the Affordable Health Care Act’s constitutionality. Each of the three days brought endless speculative predictions as to how the justices will vote and how their decisions will impact the law, the health care system, the President and his reelection.
As more information becomes available and studies contribute to the understanding of the Affordable Health Care Act many are seeing its benefits to consumers and small businesses. Recent studies illustrate how many markets are dominated by one or two insurers which severly limit consumer choices. The health insurance exchanges will inject much needed competition into those markets providing choices many do not have under the current system.
From Washington Post
In Georgia, like many other Southern states, opposition to the new federal health-care law runs deep. Yet a conservative committee of experts has, without rancor, outlined a plan to give the state a health insurance exchange, a cornerstone of the legislation enacted last year.
As many are now, undoubtedly, aware the Supreme Court has committed to hear arguments pertaining to the constitutionality of the President’s Affordable Care Act. This comes along with two conflicting polls riding the coattails of the Court’s announcement. A Gallup poll of 1000 voters favored repeal of the law 47% to 42% while a CNN/ORC International Poll of 1,036 Americans found voters approved of the individual mandate 52% to 47% a change from 44% to 54% in June of this year.
Despite the inconsistencies evident in these polls, many questions will persist until June 2012 when the Court intends to render its decision. The two political sides are weighing in with evidence demanding the recusals of either Justice Kagan or Justice Thomas from the case. Pundits are speculating as to how the judges will vote, some of which are predictable given the ideological divide of the current Court. And strategies are being devised to spin which ever decision is handed down.
This article is a couple of months old, found while doing some peripheral research but definately still worthy of posting. It gives us a view of what to expect from the state health insurance marketplace exchanges set up through the Affordabel Care Act. If other companies like Walgreens step into the health insurance arena it will prove quite advantageous to those in real need of affordable coverage.
NEW YORK (CNNMoney) — Walgreens, the nation’s largest drugstore chain, is planning to start selling health insurance to customers this fall.
Deerfield, Ill.-based Walgreens will sell health insurance products with different price ranges and coverage levels from coast-to-coast through a private health insurance exchange, according to people familiar with the matter. Read more…