At the U.S. Supreme Court on Tuesday, hostile questioning from key justices seemed to imperil the individual mandate, the central provision of the Obama health care overhaul.
The mandate requires virtually all Americans to have health insurance — through Medicare, Medicaid or employer-provided insurance, or, if you are not covered by any of those, through individual insurance that you pay for.
Solicitor General Donald Verrilli seemed unusually nervous at first, asking for a moment to sip water to clear his throat. He had good reason for his nerves.
The U.S. Supreme Court signaled Monday that it likely will resolve the constitutional challenge to the Obama health care overhaul, sidestepping the procedural issues that could derail the case until 2015.
Late last week, an investigative report from Reuters’ Enterprise Team uncovered the details of a big money contract between the Chinese telecommunications equipment company ZTE and the Telecommunication Company of Iran that included technology that can be used to conduct surveillance and crack down on dissidents. The details of the deal revealed surprising end-runs being made by Iran around global sanctions.
When I think of tax evasion or corporate loopholes, I think paper shredders and mumbling accountants huddled over ledgers – not green pastures and high white fences… and yet, for wealthy landowners looking to avoid the brunt of high property taxes through agricultural credits and breaks, all it takes to save millions is a few stray heifers, or a handful of goats. Pat Garofalo is economic policy editor at Think Progress, and the author a recent op-ed called
Today on the Exchange, we examine the controversy over education tax credits. Under a proposal at the Statehouse, businesses could donate to private school scholarships, and get a tax credit for doing so. Supporters say it’s a way to help all students achieve, regardless of means, but opponents say it’s a back-door way to use public money for private-school vouchers. We’ll look at this idea, and why it’s provoked so much debate.
Mary Stuart Gile - Democratic State Representative from Concord
On Tuesday, the Supreme Court hears its second day of testimony about the Affordable Care Act. At issue is a central tenet of that law: whether it's legal to require individuals to purchase health care.
But apart from the legal debate, there are questions about the economics of the mandate. Some — like Peggy Bodner of Portland, Ore. — worry it may be difficult to find the money to pay for health insurance, even with government subsidies.