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Rep. Marco Rubio severely limited the supposed “bailout fund” in the Affordable Care Act for what are called called risk corridors, a temporary aid for insurers to adjust premiums.
Rubio helped persuade Congress to prevent Health and Human Services from being able to cover expenses in its own budget. But experts have said Rubio is wrong to call the program a bailout, and that the program is supposed to pay for itself through fees from insurers.
A key Ryan change would repeal a Medicare tax on high earners a year earlier than originally proposed. Obamacare imposed an additional payroll tax of 0.9% on individuals earning more than $200,000 and couples earning more than $250,000 (among other changes to Medicare) … leading to about $10 billion of lost revenue. “Here you have a bill where Congress is voting to actively undermine the trust fund, and it’s singularly for the purpose of providing tax breaks for the wealthy,” says Stacy Sanders, federal policy director for the Medicare Rights Center.
A former liberal radio talk host who likes to ask the “follow-up question” at Democurmudgeon.blogspot.com