The load has arrived:
Time to start calling our Congressweasels to insist that they read the entire document before voting on it.
Interesting that the cabal refused to give the location for the doc.
Knew FR would have the link.
Thank You sir/madam!
Whew—I thought “1,990 bill” was new jargon for $1.9 Trillion.
I bet Rush has a couple of people reading as much of this as they can. I know Glenn is going to start on it tonight too.
Why doesn’t it have a number assigned to it yet? H.R.____
I also heard a bunch of seniors were arrested at Pelosi's conference for protesting her. It was all roped off and sealed.
(h) FUNDING; TERMINATION OF AUTHORITY.— (1) IN GENERAL.—There is appropriated to the Secretary, out of any moneys in the Treasury not otherwise appropriated, $5,000,000,000 to pay claims against (and administrative costs of) the high-risk pool under this section in excess of the premiums collected with respect to eligible individuals enrolled in the high-risk pool. Such funds shall be available without fiscal year limitation.
(2) INSUFFICIENT FUNDS.—If the Secretary estimates for any fiscal year that the aggregate amounts available for payment of expenses of the high-risk pool will be less than the amount of the ex-penses, the Secretary shall make such adjustments as are necessary to eliminate such deficit, including reducing benefits, increasing premiums, or establishing waiting lists.
Ping (for when I get my law degree)
‘‘SEC. 59C. SURCHARGE ON HIGH INCOME INDIVIDUALS.
‘‘(a) GENERAL RULE.—In the case of a taxpayer other than a corporation, there is hereby imposed (in addition to any other tax imposed by this subtitle) a tax equal to 5.4 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $1,000,000.
‘‘(b) TAXPAYERS NOT MAKING A JOINT RETURN.— In the case of any taxpayer other than a taxpayer making a joint return under section 6013 or a surviving spouse (as defined in section 2(a)), subsection (a) shall be applied by substituting ‘$500,000’ for ‘$1,000,000’.
‘‘(c) MODIFIED ADJUSTED GROSS INCOME.—For purposes of this section, the term ‘modified adjusted gross income’ means adjusted gross income reduced by any deduction (not taken into account in determining adjusted gross income) allowed for investment interest (as defined in section 163(d)). In the case of an estate or trust, adjusted gross income shall be determined as provided in section 67(e).
‘‘(d) SPECIAL RULES.— (1) NONRESIDENT ALIEN.—In the case of a nonresident alien individual, only amounts taken into account in connection with the tax imposed under section 871(b) shall be taken into account under this section.
(snip)
(d) EFFECTIVE DATE.—The amendments made by this section shall apply to taxable years beginning after December 31, 2010.
SEC. 552. EXCISE TAX ON MEDICAL DEVICES.
‘‘SEC. 4061. MEDICAL DEVICES.
‘‘(a) IN GENERAL.—There is hereby imposed on the first taxable sale of any medical device a tax equal to 2.5 percent of the price for which so sold.
‘‘(b) FIRST TAXABLE SALE.—For purposes of this section—
‘‘(1) IN GENERAL.—The term ‘first taxable sale’ means the first sale, for a purpose other than for resale, after production, manufacture, or importation.
(2) INDIVIDUAL HEALTH MARKET.—Section 2742 of such Act (42 U.S.C. 300gg–42) is amended by adding at the end the following: ‘‘(f) RESCISSION.—A health insurance issuer may rescind individual health insurance coverage only upon clear and convincing evidence of fraud described in subsection (b)(2), under procedures that provide for independent, external third-party review.’’.
Is this third party ACORN?
Under 27 years of age seems pretty old to be a dependent child.
Public funding of abortion will be allowed and a section is set aside for it.
‘‘SEC. 59C. SURCHARGE ON HIGH INCOME INDIVIDUALS.
‘‘(a) GENERAL RULE.—In the case of a taxpayer other than a corporation, there is hereby imposed (in addition to any other tax imposed by this subtitle) a tax equal to 5.4 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $1,000,000.
‘‘(b) TAXPAYERS NOT MAKING A JOINT RETURN.—
In the case of any taxpayer other than a taxpayer making a joint return under section 6013 or a surviving spouse (as defined in section 2(a)), subsection (a) shall be applied by substituting ‘$500,000’ for ‘$1,000,000’.
‘‘(c) MODIFIED ADJUSTED GROSS INCOME.—
For purposes of this section, the term ‘modified adjusted gross income’ means adjusted gross income reduced by any deduction (not taken into account in determining adjusted gross income) allowed for investment interest (as defined in section 163(d)). In the case of an estate or trust, adjusted gross income shall be determined as provided in section 67(e).
Rep. John Larson (D-CT-1)
202-225-2265
202-225-1031 fax
Rep. Joe Courtney (D-CT-2)
202-225-2076
202-225-4977 fax
Rep. Rosa DeLauro (D-CT-3)
202-225-3661
202-225-4890 fax
Rep. Jim Himes (D-CT-4)
202-225-5541
202-225-9629 fax
http://himes.house.gov/index.html
Rep. Chris Murphy (D-CT-5)
202-225-4476
202-225-5933 fax
The load has arrived:
2 COVERAGE.
3 (a) GRANDFATHERED HEALTH INSURANCE COV
4 ERAGE DEFINED.—Subject to the succeeding provisions of
5 this section, for purposes of establishing acceptable cov
6 erage under this division, the term ‘‘grandfathered health
7 insurance coverage’’ means individual health insurance
8 coverage that is offered and in force and effect before the
9 first day of Y1 if the following conditions are met:
10 (1) LIMITATION ON NEW ENROLLMENT.—
11 (A) IN GENERAL.—Except as provided in
12 this paragraph, the individual health insurance
13 issuer offering such coverage does not enroll
14 any individual in such coverage if the first ef
15 fective date of coverage is on or after the first
16 day of Y1.
Am I reading this correctly that a person can keep their current coverage as long as the insurance company does not offer any more individual policies to anyone? So everyone will eventually be rolled in to the government's program? Seems like that was in the previous "bill" that was released.
And of course it also looks like the pre-existing conditions coverage nonsense is in it.
I wonder who write THIS particular monstrosity. Was it the Apollo Alliance once again, the same group that wrote the stimulus bill?