If/when the housing market returns to normalcy, I’m wondering just how many people out there are going to connect the increased tax costs of doing business in that arena to PPACA [I think we ought to call it the Citizens’ Affordable Care Act :^) ]
Thank goodness we get to vote for our lawmakers. Aren’t they swell?
Has there ever been a tax law written and implemented, supported by SCOTUS, for the express purpose of subsidizing a private industry prior to the ACA?
wow, bailouts of previous bailouts. We are going exponential..
And, since the insurance companies pretty well own our legislators anyway, I'm sure they'll get what they want.
This is hardly surprising. The way the ACA law is written, the government would not cover all of the insurance industry losses in any given year. Because of this the insurance industry would naturally raise rates, perhaps massively, in the following year in order to return to profitability.
That’s how insurance works.
That’s how Death Spirals work.
So Obama wants, once again, to take “Admimistrative Action” in violation of the law to make sure this does not happen. Just pump up the money paid out to the Insuance Industry by the American taxpayer in order to keep Obamacare profitable and “Problem Solved”.
Life is good when you are not constrained by the rule of law. Mao understood that. So did Stalin. Now the idea is catching on in Washington D. C.
How obama wants to sweeten the deal? I believe, the sweetener was already tucked into the abomocare bill that was written with the help of the insurance companies. It’s already the “law of the land”.
This is a good thing, seeing as we’ve all been so worried about the poor insurance companies lately.