The measure would have repealed major parts of Obama's health law, capping future funding for Medicaid and cutting tax increases for high-income families, health insurance companies and drugmakers. The bill would have repealed tax credits that people can use to purchase health insurance and replace them with a new tax credit that would have been less generous for most. The bill would have limited future spending on Medicaid, the health insurance program for the poor, reducing their benefits. The bill would have raised taxes for some low-income families because the new tax credits for buying health insurance were smaller than the credits under Obama's health law. The GOP health plan included nearly $1 trillion in tax cuts over the next decade, and much of that would have gone to the very wealthy. [...] people with higher incomes would have been eligible for tax credits under the GOP plan. The bill would have allowed insurers to charge higher premiums as people age and become more susceptible to health problems. Because of this provision, the CBO estimates that younger patients would have seen their premiums drop.
Comment on Some win and some lose with 'Obamacare' still around
By STEPHEN OHLEMACHER, Associated Press, San Antonio Express-News: World
Sat, 03/25/2017 - 1:35am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more