April 9, 2013 |
Some Republicans still cling to the hope that they'll be able to repeal Obamacare someday, but a report released Wednesday by Families USA shows why it may be even harder for them to do so after Jan. 1. The report estimates that nearly 3 million Californians could be eligible for generous insurance subsidies under the 2010 healthcare reform law, starting next year. Anyone with an income between one and four times the federal poverty line -- in other words, between $23,550 and $94,200 for a family of four -- could receive a tax credit that reduces monthly premiums dramatically.
July 17, 2012 |
Congressional Republicans are so obsessed with the idea of repealing any or all of "Obamacare," they don't seem to care about the potential harm that might inflict on their constituents. The latest example comes from Tennessee Republican Reps. Phil Roe and Scott DesJarlais (both of them physicians), who introduced a resolution aimed at denying lower-income Americans in more than two dozen states, including their own, the subsidies the bill provides for health insurance. The Patient Protection and Affordable Care Act requires virtually all adult Americans to obtain coverage, starting in 2014.
April 26, 2011 |
The White House is seizing on House Speaker John Boehner's surprising comments that lawmakers ought to "take a look at" eliminating some subsidies for oil and gas companies. In a letter fired off to congressional leaders on Tuesday, Obama said he was "heartened" by Boehner's remarks, which came in an ABC News interview and seemed to be a concession to Democrats who have long sought to abandon the subsidies. "Our political system has for too long avoided and ignored this important step, and I hope we can get together in a bipartisan manner to get this done," the president wrote in a letter circulated to the media.
October 21, 2013 |
The launch of Covered California, the state's marketplace for health insurance, has prompted a new line of argument over the 2010 healthcare law among readers of The Times. Some supporters of the law say they've found lower prices for insurance through the new state exchanges; others (some of whom say their premiums are skyrocketing) insist that's impossible. It's not, and I'll explain in a minute. But first, here's an excerpt from the comments on Sunday's editorial about the extremely troubled rollout of the federally run exchanges (edited to correct the occasional typo)
March 23, 2010 |
Conservative rivals of Iranian President Mahmoud Ahmadinejad stood firm Monday in their fight to prevent him from rapidly cutting government subsidies for basic staples and taking control of the billions in savings. Parliament Speaker Ali Larijani said lawmakers would not revise their decision to cut subsidies by $20 billion, half of what Ahmadinejad demanded. At issue is not just who controls the money saved but also whose supporters gain or lose a slice of government subsidies.
January 12, 2012 |
As Mitt Romney defends his record running a private equity firm, he frequently points to a fast-growing Indiana steel company, financed in part by Bain Capital, that now employs 6,000 workers. What Romney doesn't mention is that Steel Dynamics also received generous tax breaks and other subsidies provided by the state of Indiana and the residents of DeKalb County, where the company's first mill was built. The story of Bain and Steel Dynamics illustrates how Romney, during his business career, made avid use of public-private partnerships, something that many conservatives consider to be "corporate welfare.