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Keyword: subsidies

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  • Obama poised to give financial aid to federal, state prisoners

    07/27/2015 2:13:26 PM PDT · by GIdget2004 · 30 replies
    Politico ^ | 07/27/2015 | Allie Grasgreen
    More prisoners may soon have access to federal subsidies to pay for college under a new Obama administration initiative, ending a 20-year ban on Pell grants for state and federal prisoners. The move could come as soon as this week. Education Secretary Arne Duncan and Attorney General Loretta Lynch are scheduled to visit Goucher College’s Prison Education Partnership at the Maryland Correctional Institution in Jessup on Friday, to make “an important announcement related to federal aid.” On Monday, Duncan said that restoring Pell eligibility for those potential students is one way his agency hopes to increase college affordability. “We’ll have...
  • Would Ford Leave Michigan if Not for a Handout from the State?

    07/22/2015 9:50:45 AM PDT · by MichCapCon · 20 replies
    Michigan Capitol Confidential ^ | 7/21/2015 | Jarrett Skorup
    In a recent story in MLive, the Michigan Economic Development Corporation is given credit for "retaining" 40,200 jobs in Michigan when it awarded two MEGA tax credits to the Ford Motor Company. The story reports: "… in the end the two credits were supposed to retain up to 40,200 jobs.” ForTheRecord says: At the time of the agreement in 2010, the MEDC reported that Ford had 36,720 employees in Michigan. Ford Motor Co. estimates there are 40,000 employees in Michigan currently. That means the MEDC is taking credit for retaining every job in the Ford Motor Company. Would the company...
  • Tesla, Nissan Take Financial Hits as States Remove EV Subsidies

    07/02/2015 1:19:55 PM PDT · by jazusamo · 12 replies
    NLPC ^ | July 2, 2015 | Paul Chesser
    It’s been six years sinceelectric vehiclemanufacturers enjoyed their windfall from U.S. taxpayers via the stimulus, but the thirst for subsidies, and pain from financial losses, have not waned. The pursuit of government goodiescontinues apace forTesla Motors, even more vigorously after the Los Angeles Timesreported last month that CEO Elon Musk depends on more than $4.9 billion in corporate welfare for his companies, which also include SolarCity and SpaceX. Tesla’s quest may more accurately be portrayed as preservation of the golden goose that is California’s zero-emission vehicle (ZEV) credit scheme. The Golden State requires the six largest auto manufacturers to...
  • Five lingering threats to ObamaCare

    06/30/2015 5:42:54 AM PDT · by Cincinatus' Wife · 24 replies
    The Hill ^ | June 30, 2015 | Peter Sullivan with Sarah Ferris
    The White House’s victory at the Supreme Court last week removed a major threat to ObamaCare that could have rolled back coverage for 6.4 million people. President Obama declared after the ruling that the law has “been woven into the fabric of America,” while allies said the new insurance program and its related policy changes are here to stay. But the law is hardly out of the woods. The battle of public opinion over the Affordable Care Act rages on, with Republicans expressing confidence they will ultimately prevail. Here are five remaining threats to Obama’s signature domestic program. 1.) RepealRepublicans...
  • Supreme Court’s White Lie on Obamacare

    06/29/2015 1:02:21 AM PDT · by Cincinatus' Wife · 10 replies
    The American Spectator ^ | June 28, 2015 | Debra J. Saunders
    ".............................Between a rock and a hard place, Roberts argued that Congress surely never meant to cut out subsidies in states without their own exchanges, because “it would destabilize the individual insurance market in any State with a Federal Exchange, and likely create the very ‘death spirals’ that Congress designed the Act to avoid.”I sympathize, but Roberts has to know he’s wrong. Jonathan Gruber,an MIT economist who advised the White House, explained during a 2012 speech that the federal law limited subsidies to enrollees of state exchanges in order to “squeeze” states to act. Quoth Gruber,“If you’re a state and you...
  • Supreme Court Caves on Obamacare Again

    06/25/2015 12:57:30 PM PDT · by rootin tootin · 32 replies
    American Spectator ^ | 6/25/2015 | David Catron
    The Supreme Court had an opportunity, with its ruling in King v. Burwell, to determine whether the United States is a nation of laws or of men. Today, in a 6-3 decision, the Court ruled that we have devolved into the latter. Although the text of the Patient Protection and Affordable Care Act (a.k.a. Obamacare) clearly states that the government may issue subsidies only through insurance exchanges established by the states, Obama administration bureaucrats unilaterally rewrote that part of the law so that the IRS could dispense such premium assistance through “marketplaces” created by the federal government. The plaintiffs in...
  • BREAKING: Healthcare subsidies upheld by SCOTUS

    06/25/2015 7:09:40 AM PDT · by GIdget2004 · 614 replies
    SCOTUS Blog ^ | 06/25/2015 | SCOUTSBLOG
    Six are the Chief, Kennedy, Ginsburg, Breyer, Sotomayor, and Kagan.
  • Congressional GOP plans to continue health law subsidies

    06/17/2015 9:25:30 PM PDT · by Olog-hai · 16 replies
    Associated Press ^ | Jun 17, 2015 6:15 PM EDT | Alan Fram and Erica Werner
    Congressional Republicans will move to temporarily continue health care subsidies for millions of people if the Supreme Court overturns the aid, according to plans discussed Wednesday in the House and Senate. In addition, the GOP proposals would dissolve many of the basic requirements of President Barack Obama’s health care law, including mandates that most people buy coverage and most companies provide it to their workers, Republicans said. Eventually, they hope, the entire law would be repealed. Should the justices annul the subsidies, which are a crucial girder of the 2010 law, GOP leaders hope their plans would let them take...
  • Loss of Health Care Subsidies Would Impact South More than Anywhere Else

    06/16/2015 4:16:08 PM PDT · by Up Yours Marxists · 9 replies
    The Telegraph (Macon) ^ | June 16, 2015 21:23 UTC | Tony Pugh
    WASHINGTON — (...) The U.S. Supreme Court will soon decide whether the subsidies can continue for 6.4 million people in 34 states who use the federal insurance marketplace at HealthCare.gov. (...) More than 4.1 million people, or nearly two out of three who could lose their subsidies in the case this year, live in just 13 Southern states – Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia and West Virginia. Read more here: http://www.macon.com/2015/06/16/3799971/loss-of-health-care-subsidies.html#storylink=cpy
  • Feds Can’t Verify $2.8 Billion in Obamacare Subsidies

    06/16/2015 3:07:29 PM PDT · by Signalman · 24 replies
    freebeacon.com ^ | 6/16/2015 | Elizabeth Harrington
    The federal government cannot verify nearly $3 billion in subsidies distributed through Obamacare, putting significant taxpayer funding “at risk,” according to a new audit report. The Department of Health and Human Services (HHS) Office of Inspector General (OIG) released an audit Tuesday finding that the agency did not have an internal system to ensure that subsidies went to the right enrollees, or in the correct amounts. “[The Centers for Medicare and Medicaid Services] CMS’s internal controls did not effectively ensure the accuracy of nearly $2.8 billion in aggregate financial assistance payments made to insurance companies under the Affordable Care Act...
  • "Job-creating" ObamaTrade Requires Subsidies for Displaced U.S. Workers

    06/14/2015 9:58:19 AM PDT · by VitacoreVision · 27 replies
    The New American ^ | 12 June 2015 | C. Mitchell Shaw
    Establishment Republicans, working closely with the White House, have been pushing a triad of trade agreements that, if enacted into law, are supposed to create jobs. Yet even proponents of the agreements acknowledge they will also cost many Americans their jobs. The content of the agreements — the Trans Pacific Partnership (TPP), the Trade in Service Agreement (TISA), and the Transatlantic Trade and Investment Partnership (TTIP) — has been kept hidden from the American people.In fact, even members of Congress have been able to view only the TPP thus far — if they go to a secret room to view...
  • Going for the Golden Climate Change Dollars - "Bootlegger and Baptist"

    06/11/2015 9:12:44 AM PDT · by Cincinatus' Wife · 6 replies
    E21 - Economic Policies ^ | William O'Keefe
    In 1848, the discovery of gold in California lead to one of the most dramatic population shifts in US history. People hoping to strike it rich migrated from all over the country, South America, and even as far as China. The non-native American population of California went from under 1,000 to over 100,000 in a little over one year. Today, there is another gold rush taking place in Washington D.C. as political entrepreneurs seek to strike it rich by mining the climate change mother lode. According to the 2013 Federal Climate Change Expenditures Report to Congress, the Federal Government is...
  • Republicans fear they will win ObamaCare court battle

    06/09/2015 11:13:42 AM PDT · by SeekAndFind · 58 replies
    The Hill ^ | 06/09/2015 | Alexander Bolton
    Republicans in Congress are worried the Supreme Court will hand them a major headache this month if it rules against the federal health insurance exchanges in more than 30 states, ending subsidies for millions of people. While the Affordable Care Act remains broadly unpopular, two new polls show a majority of Americans don’t want to do away with its subsidies, a core component of the law. This poses a conundrum for Senate Majority Leader Mitch McConnell (R-Ky.) and Speaker John Boehner. They are under pressure from colleagues up for reelection in swing states and districts to extend the subsidies, at...
  • Thune’s just the beginning: GOP will blame Obama if SCOTUS guts health reform — it’ll probably work

    06/09/2015 11:16:29 AM PDT · by Cincinatus' Wife · 62 replies
    Salon ^ | June 9, 2015 | Jim Newell, covers politics and media for Salon.
    But here’s another way it might play out: health insurance premiums will soar, people will be unable to afford coverage, and… the public will blame it on President Obama and the Democrats, because they passed this law in 2010 and suddenly health insurance is really expensive. Thing “A” happened, and now thing “B” happened, so Thing “A” must have been a terrible idea. Republicans will say, look at how much the IN-surance costs now! as part of their pitch for electing a Republican president who would eliminate this original sin from the federal code. Republicans always suffer in government shutdowns...
  • Elon Musk Defends His Companies' Subsidies

    06/05/2015 9:20:58 AM PDT · by jazusamo · 32 replies
    NLPC ^ | June 5, 2015 | Paul Chesser
    Alt-energy/transport-tech CEO Elon Musk and his trio of companies (Tesla,SolarCity andSpaceX) didn’t cooperate with the Los Angeles Times on its article that tabulated his businesses’ whopping sum of corporate welfare ($4.9 billion) , and he was predictably miffed by the (accurate) portrayal. So he went about trying to fix things on CNBC and with the Times on Monday, but not by denying the conclusions reached by reporter Jerry Hirsch, but instead by essentially pointing at fossil fuel industries and saying “they do it more.” “If I cared about subsidies,” Musk told Hirsch in a follow-up to his Sunday expose’,...
  • GOP open to extending ObamaCare subsidies(if the Supreme Court cripples the law)

    06/04/2015 6:08:23 AM PDT · by Enlightened1 · 28 replies
    The Hill ^ | 06/04/15 | Peter Sullivan
    House conservatives are hinting at support for a temporary extension of Obama-Care subsidies if the Supreme Court cripples the law, even as they set up a working group to develop their own plan. The high court is set to rule later this month in the case of King v. Burwell, which could invalidate subsidies for millions of people in at least 34 states using the federally run marketplace. Republicans say they need to be ready to address people losing their coverage, but have yet to coalesce around a plan.
  • Taxpayer Subsidies Keep Elon Musk's Companies Afloat

    06/02/2015 11:24:42 AM PDT · by jazusamo · 16 replies
    NLPC ^ | June 2, 2015 | Paul Chesser
    Well, somebody did it, and it was the mainstream media. Congratulations to the Los Angeles Times for taking the time to research and estimate the total amount of U.S. public (local, state, and federal) subsidies for companies owned or run by South African-born Canadian-American Elon Musk. The total amount calculated by reporter Jerry Hirsch for taxpayer-backed incentives – of many different forms, including tax credits and rebates provided to customers – was $4.9 billion. The corporate beneficiaries have been Tesla Motors and SpaceX, where Musk is CEO, and SolarCity Corp., where he is chairman. The sum does not include SpaceX’s...
  • A Reaganesque solution to the Ex-Im Bank dilemma

    05/27/2015 8:45:30 PM PDT · by Tolerance Sucks Rocks · 5 replies
    The Washington Times ^ | May 26, 2015 | John R. Bolton
    Opposition to the U.S. Export-Import Bank (Ex-Im) is now at the point where the bank’s reauthorization is genuinely in doubt. Spurred by accusations of corporate welfare, crony capitalism and outright corruption, opponents believe the Ex-Im Bank’s palpable violation of free-market principles fully warrants its early demise. The Ex-Im Bank’s critics have their economics entirely correct, but they have their geopolitics wrong. Their solution — simply terminating the bank — is appealing but counterproductive. What America should do, under a president with the wit to do it, is negotiate the global elimination of “export credits” (as these subsidies are generically known)....
  • Scott Walker On The Dana Show 5-22-15

    05/22/2015 12:56:54 PM PDT · by Cincinatus' Wife · 1 replies
    FM News Talk ^ | May 22, 2015 | Dana
    29:00 [click on picture then click on red dot to listen]
  • Incentive Policies Fooled by Job Turnover

    05/19/2015 6:13:13 PM PDT · by MichCapCon
    Michigan Capitol Confidential ^ | 5/14/2015 | James Hohman
    Last month, the Michigan House Tax Policy committee heard testimony about the state’s economic incentive programs. The usual justification for giving selective favors to particular firms was trotted out: Other states will capture these projects if this state does not distribute taxpayer cash to companies and developers. Without special incentives, proponents argue, Michigan is doomed to fall behind. Yet this rationale reveals a fundamental misunderstanding of how the economy works. Monthly job reports suggest that Michigan’s economy grows or shrinks very slightly from month to month, but this data hides the massive amount of job creation and job loss that...
  • IMF Attempts to Hide True Cost of Renewables by Claiming Fossil Fuels Receive Large Subsidies

    05/18/2015 11:39:11 AM PDT · by bestintxas · 10 replies
    breitbart ^ | 5/18/15 | Donna Rachel Edmunds
    Fossil fuel companies are benefiting from a global subsidy of Ł3.4 trillion a year, the International Monetary Fund has declared. The figure dwarfs that of government handouts for renewable energies, which amount to Ł77 billion a year. But closer inspection reveals the fossil fuel related sum not to be a subsidy, as it amounts to nothing more than the alleged costs to governments of dealing with fossil fuel pollution. The IMF have insisted that their figure is “shocking,” but “extremely robust”, and are using it to lobby for an end to “subsidies” for fossil fuel companies on both health and...
  • Fossil fuels subsidised by $10m every minute, says IMF

    05/18/2015 9:09:02 AM PDT · by kingu · 20 replies
    Guardian UK ^ | Monday 18 May 2015 09.30 EDT | Damian Carrington
    Fossil fuel companies are benefitting from global subsidies of $5.3tn (Ł3.4tn) a year, equivalent to $10m every minute of every day, according to a startling new estimate by the International Monetary Fund. The IMF calls the revelation “shocking” and says the figure is an “extremely robust” estimate of the true cost of fossil fuels. The $5.3tn subsidy estimated for 2015 is greater than the total health spending of all the world’s governments. The vast sum is largely due to polluters not paying the costs imposed on governments by the burning of coal, oil and gas. These include the harm caused...
  • Subsidizing and price fixing us into the poorhouse

    05/18/2015 4:58:07 AM PDT · by HomerBohn · 9 replies
    Personal Liberty ^ | 5/18/2015 | Bob Livingston
    The whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence. The art of economics consists in looking not merely at the immediate but the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.” — Henry Hazlitt, “Economics in One Lesson” One of the greatest fallacies of recent generations is the argument that free market capitalism has failed and that said failure is responsible for America’s moribund economy, the ongoing destruction of the middle...
  • Dem rep: Amtrak needs $117 'billion with a B'

    05/16/2015 3:19:15 PM PDT · by jazusamo · 57 replies
    The Hill ^ | May 16, 2015 | Mark Hensch
    Rep. Chaka Fattah (D-Pa.) estimated Saturday that Amtrak would require $117 billion for improvements to its Northeast Corridor following a fatal crash on that line earlier this week. “If we’re going to have passenger rail, we’re going to need to make it safe and make it efficient,” he told The Billy Penn. “It’s going to require investment,” he added, predicting Amtrak would need $117 “billion with a B” for reaching optimal safety and speed along its Northwest Corridor. Fattah, a senior member of the House Appropriations Committee, criticized Republicans for opposing additional funding measures for Amtrak. “One party thinks...
  • Race, Socioeconomics and Funding

    05/14/2015 7:51:32 AM PDT · by Academiadotorg · 3 replies
    Accuracy in Academia ^ | May 14, 2015 | Nick Kowalski
    At the South by Southwest education conference in Austin, Texas recently, on a panel entitled “What’s Next for Access and Affirmative Action?” administrators such as Anne-Marie Nunez from the University of Texas (UT) system revealed some of their thought processes. Nunez, an associate professor of Educational Leadership and Policy Studies at UT, San Antonio, explained that one of her projects included an initiative designed for Latina immigrants in California. When “underrepresented minority students” were instructed “to think about sociopolitical issues,” they “began to build more of a sense of entitlement,” she said, adding that it is “a different kind of...
  • States Scramble for ‘Plan B’ Ahead of Court Ruling on Obamacare

    05/12/2015 11:09:45 AM PDT · by Jim Robinson · 33 replies
    Fiscal Times ^ | May 11, 2015 | BY BRIANNA EHLEY
    With less than one month to go until the Supreme Court issues a ruling in King v. Burwell -- the case that could dismantle Obamacare -- some states are preparing contingency plans to avert a disaster if the court strikes down access to federally subsidized health care for their residents. If the Court rules against the administration and says that language in the Affordable Care Act only provides subsidies to people enrolled in coverage in states that set up their own marketplaces, some 7.5 million people in the 34 states relying on the federal exchange would lose their subsidized coverage...
  • How Five Republicans Let Congress Keep Its Fraudulent...

    05/07/2015 3:52:41 PM PDT · by qaz123 · 6 replies
    National Review Online ^ | 7May15 | Brendan Bordelon
    The rumors began trickling in about a week before the scheduled vote on April 23: Republican leadership was quietly pushing senators to pull support for subpoenaing Congress’s fraudulent application to the District of Columbia’s health exchange — the document that facilitated Congress’s “exemption” from Obamacare by allowing lawmakers and staffers to keep their employer subsidies. Read more at: http://www.nationalreview.com/article/418055/how-five-republicans-let-congress-keep-its-fraudulent-obamacare-subsidies-brendan
  • This Empire of the Sun Is Built on the Shifting Sands of Subsidies

    04/14/2015 3:37:02 PM PDT · by Kaslin · 15 replies
    Townhall.com ^ | April 14, 2015 | David Williams
    One can’t help but be impressed by the seemingly great strides solar energy has been making of late. Bullish reports abound of added capacity, aggressive expansion, technical advances and a solar jobs boom. Industry elites engage in bold financial maneuvers that would make Gordon Gekko proud. But don dark enough shades to see through the media-generated glare, and the picture looks less sunny -- and sometimes maybe a little shady. The boom -- some might even call it a “bubble” -- America’s solar energy industry is enjoying stems neither from overwhelming competitive-market success nor from long-promised technological breakthroughs that finally...
  • Three Reasons Why Michigan Should End Film Incentives

    04/09/2015 9:47:52 AM PDT · by MichCapCon · 10 replies
    Michigan Capitol Confidential ^ | 4/7/2015 | Jarrett Skorup
    The Michigan House recently passed House Bill 4122 which would end the state’s film incentive program. The legislation now moves on to the Senate. But Senate Majority Leader Arlan Meekhof, R-West Olive, has raised concerns about ending the subsidy. And Gov. Rick Snyder, who previously proposed eliminating the subsidies, now says he doesn’t believe ending the program abruptly is an “appropriate answer.” So those are the obstacles standing in the path of terminating payouts to Hollywood. The good news is that it is believed most Michigan Senators want to end the subsidies. There may end up being an agreement between...
  • Reduce Out-of-Control College Costs by Ending Government Subsidies

    04/06/2015 11:35:25 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | April 6, 2015 | Daniel J. Mitchell
    IÂ’ve written many times about the shortcomings of government schools at the K-12 level. We spend more on our kids than any other nation, yet our test scores are comparatively dismal. And one of my points, based on this very sobering chart from one of my Cato colleagues, is that AmericaÂ’s educational performance took a turn in the wrong direction when the federal government became more involved starting about 40-50 years ago. Well, the same unhappy story exists in the higher-education sector. Simply stated, thereÂ’s been an explosion of spending, much of it from Washington, yet the rate of return...
  • Who Will Be Blamed for <i>King v. Burwell</i> ‘Chaos’?

    04/06/2015 4:38:42 AM PDT · by rootin tootin · 14 replies
    American Spectator ^ | 4/6/2015 | David Catron
    A Supreme Court ruling against the Obama administration in King v. Burwell, according to conventional Beltway wisdom, will create serious political problems for governors and legislators in the 34 states that declined to set up Obamacare insurance exchanges. Most of these officials are Republicans, the thinking goes, and will thus be blamed for letting petty partisanship deprive their constituents of subsidies while plunging state insurance markets into chaos. Public wrath, we are told, will eventually force them to create PPACA exchanges. However, a new voter survey conducted in the affected states suggests that this is very unlikely to occur. According...
  • More Aid and Subsidy for Billionaires -- Who's For It?

    03/22/2015 9:52:24 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | March 22, 2015 | Paul Jacob
    Big government rests upon myths, and the people who support it necessarily believe things about politics and society — and themselves — that simply aren’t true. This week, a new report from the Government Accountability Office shows just who benefits from federal crop insurance subsidies: big businesses, billionaires, and the like. It’s not primarily the “little guy” or “the small family farm” of American agrarian mythology. It’s the people for whom progressives usually seethe with hatred. Those on the left must either oppose their “progressive” programs or get over their alleged opposition to “the rich.” “Liberals,” “progressives” and other political...
  • 80,000 ObamaCare tax forms on hold

    03/20/2015 12:46:01 PM PDT · by Cincinatus' Wife · 7 replies
    The Hill ^ | March 20, 2015 | Peter Sullivan
    The Obama administration announced Friday that 80,000 corrected tax forms for people on plans through ObamaCare have still not gone out. It's unclear how many people will be affected by the delay, but the administration said people who have not received the corrected forms do not have to wait to file their taxes and will not have to pay any additional tax due to the effort. The issues stem from the announcement last month that 800,000 people on insurance plans through ObamaCare received incorrect tax information. At the time, the administration said forms with corrected information would be sent out...
  • The Sum of All Obamacarian Fears

    03/16/2015 4:35:17 AM PDT · by rootin tootin · 3 replies
    American Spectator ^ | 3/16/2015 | David Catron
    If you carefully consider the claims of Obamacare’s defenders in King v. Burwell you will discover that their worst fear, sanctimonious pretense notwithstanding, is not the loss of insurance subsidies for some Americans. The most terrifying prospect for proponents of PPACA is that the Court will let Congress clean up its own mess. They do not want our elected representatives to have another chance to consider the will of the voters while revising Obamacare ... Nothing scares Obamacarians more than the will of the people.
  • ‘Game The system’? Nonprofits, Including Farrakhan-Tied Group, Enjoy Windfall From Farm Subsidies

    03/09/2014 5:13:21 PM PDT · by blam · 12 replies
    Fox News ^ | 3-9-2014 | Emily Boyd Walker
    'Game The system’? Nonprofits, Including Farrakhan-Tied Group, Enjoy Windfall From Farm Subsidies Published March 09, 2014 FoxNews.com, Emily Boyd Walker Several nonprofits that have little to do with farming or are in poor standing with their local governments have been receiving hundreds of thousands of dollars in farm subsidies over the past decade, federal records show. They include an Islamic charity tied to Nation of Islam leader Louis Farrakhan, a Midwestern group devoted to waterfowl habitat, and a major conservation group with few farms to its name. The group tied to Farrakhan, called the Three Year Economic Saving Program, has...
  • 7.7M ObamaCare customers qualify for subsidies in 2015 ($2 billion per month)

    03/10/2015 5:11:22 PM PDT · by Libloather · 16 replies
    The Hill ^ | 3/10/15 | Sarah Ferris
    Nearly nine in 10 people who signed up for healthcare from the federal government this year qualify for subsidies, the Obama administration announced Tuesday. A total of 7.7 million people would receive subsidies this year in the roughly three-dozen states using HealthCare.gov – a figure that has held steady since ObamaCare's first year. The Obama administration touted the figure Tuesday to show that the vast majority of people in states using the federal exchange rely on subsidies as the Supreme Court weighs a case that could eliminate them. A total of 34 states using HealthCare.gov could lose subsidies if the...
  • Federal health insurance aid in doubt for nearly 8M

    03/10/2015 12:24:40 PM PDT · by Olog-hai · 15 replies
    Associated Press ^ | Mar 10, 2015 3:21 PM EDT | Ricardo Alonso-Zaldivar and Kevin S. Vineys
    Nearly 8 million people could lose up to $24 billion a year in health insurance subsidies in a Supreme Court case threatening President Barack Obama’s law, according to a government report released Tuesday. The estimates by The Associated Press show what’s at stake in the case. Health overhaul opponents argue that subsidies are illegal in some three dozen states where the federal government took charge of running the health insurance marketplaces, or exchanges. The justices heard arguments last week, and the court’s decision is expected in late June. Tuesday’s report from the Department of Health and Human Services shows that...
  • Blaming Who On State Subsidies

    03/06/2015 7:05:07 AM PST · by Kaslin · 4 replies
    Townhall,com ^ | March 5, 2015 | Hank Adler
    King v. Burwell: We are all following the Supreme Court case challenging the Administration's ignoring of the ObamaCare requirement that individuals can only get Federal subsidies for their health insurance if the state in which they reside forms a state exchange. Only sixteen states organized state exchanges, yet the Obama administration determined to pay Federal subsidies to individuals in every state if they purchased health insurance under ObamaCare. There are some eight million individuals who will lose their subsidies if the Supreme Court determines to enforce the law as written by Congress. (One wonders what good it is to have...
  • 17 Errors & Omissions in Vox's Otherwise Excellent History of King v. Burwell

    03/03/2015 11:03:33 AM PST · by Ray76 · 1 replies
    Forbes ^ | Mar 2, 2015 | Michael Cannon
    This week, the Supreme Court will hear oral arguments in King v. Burwell, one of four legal challenges to an IRS regulation that purports to implement the Patient Protection and Affordable Care Act, but in fact vastly expands the IRS’s powers beyond the limits imposed by the Act. Just in time for oral arguments before the Court, Vox’s Sarah Kliff has produced what I think may be the best history of King v. Burwell and related cases I’ve seen. Still, there are a few important errors and omissions.... Kliff reports that all congressional staff involved with the drafting of the...
  • 3 Options for Congress If Court Kills Obamacare Subsidies

    02/20/2015 1:40:29 PM PST · by Up Yours Marxists · 19 replies
    The Fiscal Times ^ | February 20, 2015 20:16 GMT | Diana Furchtgott-Roth
    On March 4 the U.S. Supreme Court will hear King v. Burwell, the case challenging health insurance-premium subsidies for those who buy their insurance on the 37 federal exchanges. (...) First, Congress could extend the subsidies until the end of 2015, and allow people to keep those subsidies that they have already received. This would avoid disruption in health care and in insurance markets, whose terms are set months ahead. Second, Congress could create a new temporary state-based option for continued health insurance coverage beginning in 2016 until it could craft a long-term solution. (...)
  • Report: Solar Energy Subsidies Cost $39 Billion Per Year

    02/13/2015 12:33:34 AM PST · by Citizen Zed · 10 replies
    Washington Free Beacon ^ | 2-12-2015 | Elizabeth Harrington
    Despite billions spent in investments over decades, solar energy will only make up 0.6 percent of total electricity generation in the United States, according to a report released by the Taxpayers Protection Alliance (TPA). “In spite of government’s best efforts to encourage innovation by solar energy companies and encourage Americans to rely more heavily on solar electricity, solar power continues to be a losing proposition,” the report said. “American taxpayers spent an average of $39 billion a year over the past 5 years financing grants, subsidizing tax credits, guaranteeing loans, bailing out failed solar energy boondoggles and otherwise underwriting every idea...
  • Did Congress Lie About Key Facts to Obtain Obamacare Exemption?

    02/06/2015 11:09:13 AM PST · by wildbill · 8 replies
    Daily Signal ^ | 2/6/2015 | Kate Scanlon
    Sen. David Vitter, R-La., wants to know why members of Congress and their staff are exempted from Obamacare. “Washington insiders should be forced to live under Obamacare just like the rest of America without a special taxpayer funded subsidy,” says @DavidVitter Vitter, who launched an investigation this week, said in a statement that “false information may have been filed with the D.C. Health Benefits Exchange to allow Congress to be exempt from [the] Obamacare exchange.” The chairman of the Small Business and Entrepreneurship Committee cited a court filing obtained by Judicial Watch that admits Congress—with more than 16,000 employees—doesn’t fit...
  • Poll: 64% want Congress to restore ObamaCare subsidies even if Republicans win the Halbig case

    01/28/2015 2:04:31 PM PST · by SeekAndFind · 52 replies
    Hotair ^ | 01/28/2015 | AllahPundit
    Remember the issue in Halbig? There’s a section in the ObamaCare statute that says federal subsidies to pay premiums are available to anyone who buys their insurance through “an Exchange established by the State.” But that phrase is vaguely worded. Is the federal ObamaCare exchange, Healthcare.gov, an exchange established by the state? Or was the idea that subsidies should apply only to exchanges created by the individual states, as an economic incentive to encourage state governments to create their own insurance marketplaces? You know what Jonathan Gruber thinks, or thought, about that. By this summer, we’ll know what John...
  • ObamaCare Must Go!

    01/25/2015 10:42:39 AM PST · by Sean_Anthony · 1 replies
    Canada Free Press ^ | 01/25/15 | Alan Caruba
    If the Republican Congress fails to take swift and deliberate action on ObamaCare between now and the 2016 elections, they will have defeated themselves Can anyone remember how awful the U.S. healthcare free market system was that it needed to be replaced by the Affordable Care Act, otherwise known as ObamaCare? Can’t remember? That’s because it was ranked one of the best of the world and represented 17.9% of the nation’s economy in 2014. That’s down from the 20% it represented in 2009 when ObamaCare was foisted on Americans. One of the best ways to follow the ObamaCare story is...
  • How Would You Spend an Extra $130?

    01/14/2015 10:37:58 AM PST · by MichCapCon · 24 replies
    Michigan Capitol Confidential ^ | 1/12/2015 | James Hohman
    In a recent interview with Michigan Capitol Confidential, Brandeis University economist Bob Tannenwald remarked that film incentives were a bad deal for taxpayers. "Another way to look at that would be that a state might be getting only 50 cents or 75 cents value for each dollar per dollar of personal income created by the program for the state’s residents. A state might be better off just sending the checks out directly to its residents rather than creating the program." With roughly $500 million offered in incentives from the start of the program to present, the state could have sent...
  • Solar Subsidies Scam Taxpayers And Homeowners

    01/13/2015 6:20:43 PM PST · by jazusamo · 47 replies
    Investors.com ^ | January 134, 2015 | Stephen Moore & Joel Griffith
    Solar panels are being installed on the roofs of homes and businesses all across America at a record pace. The fad is the latest way for families to "go green" — the energy equivalent of blue recycling bins. The Solar Energy Industries Association likes to tout the industry's "amazing success" — but it's holding a "Shout Out For Solar" social media event Friday as it sees an "uncertain future." That's because its continued success depends on a cascade of government subsidies, including a 30% federal investment credit that expires at the end of 2016. Guess what? Taxpayers are paying for...
  • Americans Protest Obamacare by Refusing Health Insurance Subsidies (another casualty of Husseincare)

    01/12/2015 1:25:15 PM PST · by Libloather · 15 replies
    US News & World Report via MSN ^ | 1/12/15 | Kimberly Leonard
    Grace Brewer says she never thought she would be without health insurance at this stage of her life. "I'm a casualty of Obamacare," says Brewer, 60, a self-employed chiropractor in the Kansas City, Kansas, area. She wanted to keep the catastrophic health insurance plan she once had, which she says fit her needs. But under the Affordable Care Act, the government's health care reform law, the plan was discontinued because it did not comply with the law's requirements, and her bills doubled to more than $400 a month. "I wanted a minimal plan and I’m not allowed to have it,"...
  • Supreme Court: Mark Levin and Landmark Legal Foundation

    01/02/2015 3:42:49 PM PST · by Kaslin · 18 replies
    Townhall.com ^ | January 2, 2015 | Katie Pavlich
    Conservative radio host and Landmark Legal Foundation President Mark Levin has submitted an amicus brief in support of the petitioners in King v. Burwell, the Obamacare legal case that will be heard by the Supreme Court on March 5, 2015. The case addresses whether "the Internal Revenue Service may permissibly promulgate regulations to extend tax-credit subsidies to coverage purchased through exchanges established by the federal government under Section 1321 of the Patient Protection and Affordable Care Act." Essentially, the case looks at whether federal subsidies are legal and available to people living in states that did not set up their...
  • JW Files SCOTUS Amicus Brief, Argues against Subsidies for Federal Health Exchange Enrollees

    01/02/2015 2:11:03 PM PST · by jazusamo · 18 replies
    Judicial Watch ^ | January 2, 2014
    Group asks High Court to affirm the limits on the executive branch’s ability to disregard federal statutes, reaffirm separation of powers (Washington, DC) – Judicial Watch announced today that on December 24, 2014, it filed an amicus curiae brief in support of the plaintiffs in a lawsuit against the IRS and the Departments of Health and Human Services (HHS) and Treasury over a decision by the agencies to ignore a key provision of the Affordable Care Act (ACA). The lawsuit seeks specifically to prevent the IRS from providing refundable tax credits to individuals who purchase health care coverage through...
  • Gas Guzzler Tax Deduction Restored To $500K For 2014 By Budget Bill

    12/30/2014 4:18:02 AM PST · by LogicDesigner · 30 replies
    Green Car Reports ^ | December 29, 2014 | John Voelcker
    If politics is the art of successful compromise--defined as outcomes that make all parties equally unhappy--then the recent budget extension bill offers something for everyone. It extended the tax credits for electric-car charging stations and natural-gas-vehicle refueling stations, which should make owners of those vehicles happy. But it did not extend the generous tax credits for purchase or lease of hydrogen fuel-cell vehicles, disappointing advocates of that zero-emission vehicle technology. Those advocates include Toyota, Hyundai, and Honda. Now, it turns out, the often-reviled "gas guzzler tax deduction" was restored to its previous level by the budget bill as well. As...