House Speaker Nancy Pelosi said this week that thanks to the new health-care reform law, musicians and other creative types could quit their jobs and focus on developing their talents because taxpayers would fund their health care coverage.
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House Speaker Nancy Pelosi said this week that thanks to the new health-care reform law, musicians and other creative types could quit their jobs and focus on developing their talents because taxpayers would fund their health care coverage. If the Food and Drug Administration gets its way, your trip to the grocery store could get a tad pricier. Supermarket owners argue a pending federal food-labeling rule that stems from the new health care law would overburden thousands of grocers and convenience store owners — to the tune of $1 billion in the first year alone. Store owner Tom Heinen said the industry’s profit margins already are razor thin. “When you [...] Al Jazeera The Thai government says it plans to offer free health care for children under six, including vaccinations that can cost more than $30. The proposal applies to children of migrant workers, many of whom struggle to pay for doctors visits. But judging by similar policies in the past, the new health care law may take a long time to come into effect. Al Jazeera’s Wayne Hay reports from Mahachai, [...] Home Sales Tax becomes effective Jan. 1, 2013 The National Association of Realtors is not pleased with this new tax and hopes this information is forwarded to every voter prior to the election in November. It doesn’t matter which side of the political fence you sit on – it will affect ALL of us. When does your home become part of your health care? After 2012! Your vote counts big time in 2012, [...] About one in 10 employers plan to drop health coverage when key provisions of the new health care law kick in less than two years from now, according to a survey to be released Tuesday by the consulting company Deloitte. Nine percent of companies said they expect to stop offering coverage to their workers in the next one to three years, the Wall Street Journal reported. Around 81 percent said they [...] It’s a lawyer’s dream! “With the Supreme Court giving President Obama’s new health care law a green light, federal and state officials are turning to implementation of the law — a lengthy and massive undertaking still in its early stages, but already costing money and expanding the government. The Health and Human Services Department “was given a billion [...] IRS “easiest enforcer” of health care law Paul Joseph Watson Despite claiming Obamacare was “not a tax,” Democratic National Committee Chairwoman Debbie Wasserman Schultz told CNN’s Wolf Blitzer that the Internal Revenue Service would be the “easiest enforcer” of penalties against those who refuse to comply with the new health care law.
“The way we usually think of taxation, Wolf, is that taxation as the IRS administers is collected [...] From $94 billion to $1.6 trillion… President Obama has repeatedly asserted that the new health care law’s individual mandate requiring everyone to have qualified health insurance coverage or pay a penalty is not a tax. In a testy exchange with ABC’s George Stephanopoulos–who, ironically, also pushed for sweeping health care reform legislation when he worked for then-President Bill Clinton–Stephanopoulos pointed out that ObamaCare critics call the mandate a tax. Obama rejected the claim and [...] By ROBERT PEAR WASHINGTON — To head off medical conflicts of interest, the Obama administration is poised to require drug companies to disclose the payments they make to doctors for research, consulting, speaking, travel and entertainment. Many researchers have found evidence that such payments can influence doctors’ treatment decisions and contribute to higher costs by encouraging the use of more expensive drugs and medical devices. Consumer advocates and members of Congress say patients may benefit from [...] There has been for months a popular parlor game of tallying instances in which President Obama seems to have either ignored or simply bypassed federal law. But what started out as a way of exposing occasional hypocrisy is now getting a little scary. Most recently, President Obama made several recess appointments — a tactic that as a senator he once criticized — even though Congress was not in recess. In December, [...] Some of these changes you will see this year. Others phase in over the next several years. If you are on Medicare, buy health insurance By Clarence Otis Jr., Special to CNN 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 [...] WASHINGTON (AP) — The federal government is taking on a crucial new role in the nation’s health care, designing a basic benefits package for millions of privately insured Americans. A framework for the Obama administration was released Thursday. The report by independent experts from the Institute of Medicine lays out guidelines for deciding what to include in the new “essential benefits [...] They passed it, and now we are finding out what is in it. For over a year now experts have been painstakingly poring through the 2500+ pages of legislation and mandates created in The Patient Protection and Affordable Care Act (HR 3590) and The Health Care and Education Reconciliation Act of 2010 (HR 4872) and the debate continues on whether to repeal or fix it. As the [...] 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 – Millions of seniors in popular private insurance plans offered through Medicare will be getting a reprieve from some of the most controversial cuts in President Barack Obama’s health care law. In a policy shift critics see as political, the Health and Human Services department has decided to award quality bonuses to hundreds of Medicare Advantage plans rated merely average. The $6.7 billion infusion could head off service cuts that would [...] House Budget Chairman Paul Ryan, R.-Wis. (AP photo) (CNSNews.com) – The fiscal 2012 budget proposal unveiled today by House Budget Chairman Paul Ryan (R.-Wis.) offers sweeping reforms in federal spending, including defunding and repealing the health-care law signed last year by President Barack Obama and converting the federal share of the Medicaid program into block grants to state governments. The Republican proposal says one of its aims is “making sure that [...] With the clock ticking to a March 4 government shutdown, you might imagine the Capitol would be buzzing with lawmakers seeking to cut deals, make impassioned speeches and do everything they could to strike a deal on spending. You’d be wrong. House lawmakers stayed until 4:41 a.m. Saturday to finish up a spending bill to keep the government open, and sent it over to the Senate — only to [...] Testifying today before the House Budget Committee, Congressional Budget Office (CBO) Director Doug Elmendorf confirmed that the health care law will reduce the number of jobs in the labor market. The Budget and Economic Outlook released by CBO in August projected a 0.5 percent reduction in the labor market as a direct result of the health care law. Director Elmendorf responded in the affirmative when [...] by ZH From Washington Times: In ruling against President Obama‘s health care law, federal Judge Roger Vinson used Mr. Obama‘s own position from the 2008 campaign against him, when the then-Illinois senator argued there were other ways to achieve reform short of requiring every American to purchase insurance. “I note that in 2008, then-Senator Obama supported a health care reform proposal that did not include an individual mandate because [...] “The one-day increase for June 30 totaled $165,931,038,264.30 – bigger than the entire annual deficit for fiscal year 2007 and larger than the $140 billion in savings the new health care bill will produce over its first 10 years. The figure works out to nearly $1,500 for every U.S. household, or more than 10 times the median daily household income. ….All three of the biggest one-day debt increases have occurred under [...] I wish all (Bulls/Bears) do well in their trades. Looking at what the future holds (in the US) does not bode well for the Bull. End of the Prez. Bush overall tax-cut, possible Cap and Trade implementation, how does the US pay for the new Health Care Program (new taxes on whom), VIT Tax implementation, the Tax list can go on and on. From what I have heard/read companies are [...] It is part of Obama’s plan to have his hands on our money in my opinion .Because the IRS is now in charge of punishing those who think they can opt out, the IRS also ordered a record number of assault weapons for their employees, any correlation? May God Bless you and keep us all safe from the progressive axis of evil,Obama,Pelosi&Reid 16,500 more IRS agents needed to enforce Obamacare |
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