Subsidies news, articles and information:

Obamacare handed out 'billions in illegal tax credits and subsidies,' rules judge

10/28/2014 - Another federal court has ruled that taxing and spending provisions at the heart of the Affordable Care Act are illegal, dealing yet another blow to President Obama's signature piece of legislation. In a recent ruling, U.S. District Judge Ronald White determined that an Internal Revenue Service rule...

Obamacare system makes fraud easy: Investigators obtain insurance subsidies using fake IDs

8/3/2014 - There is so much wrong with the 2,700-plus page law that is derisively known as Obamacare that it is difficult to keep up with all of the problems -- such as the inevitable waste, fraud and abuse that it will engender. In recent months, undercover investigators managed to obtain thousands of dollars...

Federal courts rule Obamacare subsidies both legal and illegal; entire system may be gutted

7/24/2014 - A three-judge panel for the federal court of appeals for the D.C. Circuit, the court that hears and decides cases pertaining to rules and regulations issued by federal agencies, has ruled that some health insurance subsidies provided under Obamacare are illegal. Meanwhile, a separate three-judge...

Obamacare subsidies ruled illegal as federal court declares President is not King

7/22/2014 - The "affordability delusion" of Obamacare is set to be obliterated following the decision of a federal judicial panel which declared that most of the subsidies currently being paid toward individual health insurance policies are illegal. This decision has been characterized as a "devastating blow" by...

Obamacare subsidies to reach $11 billion; healthcare system running entirely on unsustainable debt spending

6/24/2014 - According to the Los Angeles Times, a recent analysis of cost data projections by the Department of Health and Human Services regarding government expenditures related to Obamacare found that initial costs for the program were billions of dollars higher than projected. It should be noted that, within...

Cost of Obamacare to explode because more people getting subsidies than are paying

3/25/2014 - Supporters of Obamacare are pointing to a new study by the Gallup polling firm that purports to show the "success" of the law due to a decrease in the number of previously uninsured people, but a closer look at the data reveals that's bad news for taxpayers. According to the Gallup findings, which...

The court challenge that could drive a stake through the heart of Obamacare

12/27/2013 - Opponents of the federal government's takeover of the healthcare industry via the most freedom-robbing law passed in a century - Obamacare - have not been able to convince enough lawmakers or the president to repeal it through legislation. In addition, opponents have also been unsuccessful at having...

Tax Our Way to Healthy Eating and Subsidize Our Way to Disease

3/23/2010 - A new study published in the Archives of Internal Medicine1 has studied food prices over 20 years' time and compared those to average caloric intake to find an association between food prices, dietary intake, and weight assessments. The study concluded that adding a tax to increase the price...

Ill-conceived US corn subsidies make "liquid Satan" high-fructose corn syrup a cheap ingredient

11/28/2009 - United States crop subsidies have long directed the course of food consumption patterns among Americans. When a crop like corn is subsidized by the government, food producers hone in on it for use in their products because it is cheap. In the case of corn, the crop is subsidized so heavily that it sells...

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