Sarah Hall Ingram, the IRS executive in charge of the tax exempt division in 2010 when it began targeting conservative Tea Party, evangelical and pro-Israel groups for harrassment, got more than $100,000 in bonuses between 2009 and 2012.
More recently, Ingram was promoted to serve as director of the tax agency’s Obamacare program office, a position that put her in charge of the vast expansion of the IRS’ regulatory power and [...]
Employers are bracing for a little-noticed fee in the federal health-care law that will charge them $63 for each person they insure next year, one of the clearest cost increases companies face when the law takes full effect.
The fees will hit most large U.S. employers, and several have been lobbying to change the program. (snip)
Sen. Robert Menendez raised concerns with top federal health-care officials twice in recent years about their finding that a Florida eye doctor — a close friend and major campaign donor — had overbilled the government by $8.9 million for care at his clinic, Menendez aides said Wednesday.
Menendez (D-N.J.) initially contacted federal officials in 2009 about the government’s audit of Salomon Melgen, complaining to the director overseeing Medicare payments that it was [...]
WINDBER, Pa. (AP) — A southwestern Pennsylvania hospital will stop delivering babies after March 31 because its obstetricians are either leaving or refocusing their practices, and because hospital officials believe they can’t afford it based on projected reimbursements under looming federal health care reforms.
Read more: http://www.myfoxny.com/story/20603065/southwestern-pa-hospital-to-stop-baby-deliveries#ixzz2ICHGAr54
Dec 9, 2012
Even if lawmakers somehow stop the Bush-era tax rates from expiring, taxes are still expected to rise on Jan. 1 — thanks to a trio of new fees tied to the federal health care overhaul.
The IRS this past week published rules for some of the first major taxes meant to help pay for President Obama’s massive insurance coverage expansion. Together, they will raise investment and income taxes on [...]
Bloomberg TV’s Julianna Goldman spoke with President Obama today to discuss the fiscal cliff and his efforts to compromise with Republican leaders. In a lengthy interview in the Map Room of the White House, President Obama told Goldman that he is willing to make further cuts in entitlements, but insists that Republicans accept higher tax rates for top earners in the US. “It’s just a matter of math.”
from FOX News:
Several Republican governors, in what could be their last symbolic stand against ObamaCare, announced Friday that they will not set up a state-based marketplace for selling health insurance.
The governors of Wisconsin and Ohio joined Texas Gov. Rick Perry and others in confirming that they will not establish so-called “health insurance exchanges,” which are set to launch in January 2014. Under the federal health care overhaul, these exchanges will act [...]
Florida Republican Gov. Rick Scott says he will not implement the state health insurance exchanges mandated in the 2010 federal health care law despite President Barack Obama’s re-election.
The Sarasota Herald-Tribune reports:
Speaking on the New College of Florida campus following a meeting of the state’s university governing board, Scott said it will cost taxpayers and business owners too much to expand Medicaid and set up health insurance exchanges as [...]
The House has overwhelmingly voted to repeal Obamacare, by a vote of 244-185. Five Democrats joined 239 Republicans to vote for repeal, making it a bipartisan vote. No Republicans voted against repeal.
Fox News reports:
“House lawmakers voted Wednesday to repeal the federal health care overhaul — the latest in a long line of anti-”ObamaCare” votes, but the first since the Supreme Court upheld the law and defined one of its key provisions [...]
WASHINGTON (AP) — Republican Mitt Romney is promising that he will repeal the federal health care law the Supreme Court just upheld.
He called the decision incorrect and said Thursday that it is “bad law.” He says it raises taxes and cuts Medicare.
WASHINGTON (AP) – Barely four months before the nation votes, one of the biggest factors in the fight for the White House still is a mystery. That will change on Thursday.
The Supreme Court’s expected ruling on President Barack Obama’s sweeping federal health care law will shape the contours of the presidential campaign through the summer and fall. Both Obama and Republican rival Mitt Romney are primed to use the ruling [...]
Millions of Americans are to receive refunds from their health insurance companies.
The rebates come as a part of a new policy in the federal health care system which puts strict conditions on how insurers spend their money.
The new rules, which came into place last year, state that insurers must spend between 80 and 85 percent of premium dollars on medical care.
Insurance companies that violate the rule will be required to [...]
By Clarence Otis Jr., Special to CNN
updated 8:22 AM EST, Tue December 6, 2011
Editor’s note: Clarence Otis Jr. is CEO of Darden Restaurants, parent company of Olive Garden, Red Lobster and LongHorn Steakhouse. He is a member of the board of the Federal Reserve Bank of Atlanta.
Orlando (CNN) — “Businesses adding jobs” is a headline every elected official loves to read. Sadly, it’s one that’s getting harder and harder to [...]
Voters in Ohio have approved a ballot measure intended to keep government from requiring Ohioans to participate in any health care system.
The constitutional amendment passed is largely symbolic, coming in response to the 2009 federal health care overhaul, a provision of which mandates that most Americans purchase health care.
(Excerpt) Read more at 2.ohiovotes2011.com …
Lots of slides in this one. So check out link.
BRIAN BEUTLER OCTOBER 24, 2011, 2:37 PM 14810 142
The Government Accountability Office has updated its fiscal outlook for the U.S. government and come to some familiar conclusions. The country has a long term imbalance that will have to be addressed, but not until today’s economic woes have passed. If Congress simply does nothing — and allows the Bush tax cuts, and [...]
AMES, Iowa – The preseason is over for the Republican presidential field. When the top eight declared candidates take the stage at the Stephens Auditorium at Iowa State University at 9 p.m. Eastern tonight, they will be playing for keeps.
With voters anxious about the future of the nation, President Obama already out on the campaign trail (including a Michigan factory stop and another big-buck New [...]
Federal payments required by President Barack Obama’s health care law are being understated by as much as $50 billion per year because official budget forecasts ignore the cost of insuring many employees’ spouses and children, according to a new analysis. The result could cost the U.S. Treasury hundreds of billions of dollars during the first ten years of the new health care law’s implementation.
“The Congressional Budget Office has never done [...]
WASHINGTON — Uninsured Americans — including those with incomes well above the poverty line — leave hospitals with unpaid tabs of up to $49 billion a year, according to a government study released today.
On average, uninsured families can pay only about 12% of their hospital bills in full. Families with incomes above 400% of the poverty level, or about $88,000 a year for a [...]
“In light of Judge Roger Vinsonâ€™s ruling that Obamacare is unconstitutional, Wisconsinâ€™s attorney general, J. B. Van Hollen, has declared the Badger State free of any obligations imposed by the law. â€œJudge Vinson declared the health care law void and stated in his decision that a declaratory judgment is the functional equivalent of an injunction,â€ Hollen says in a statement. â€œThis means that, for Wisconsin, the federal health care law [...]
1) Gold ETF Assets May Soar 17 Times in India as Refuge Demand Drives Price
“Aug. 30 (Bloomberg) — Gold held by exchange-traded funds in India, the worldâ€™s biggest buyer of bullion, may surge as much as 17 times in the next three years as investors seek a refuge from financial turmoil and inflation.
Assets may reach â€œ100 tons to 200 metric tonsâ€ from 12 tons now, said [...]
I live in Missouri and this is what is on the horizon for us. The purpose is to nullify Obamacare! But first we are in essence joining Stop The ACLU, 6 States Want to Nullify Obamacare With Opt Out Law
Arizona started the ball rolling by introducing the Health Care Freedom Act, a voting initiative that will be put before voters on the 2010 ballot. If accepted by the majority of [...]