Tuesday, December 3, 2013
Get paid: FACTS - Congress, staff are exempt from Obamacare
Get paid: FACTS - Congress, staff are exempt from Obamacare: Fact Check: Congress, staff are exempt from Obamacare FACTS : When Obamacare was passed into law, Sen. Charles Grassley, the Iowa R...
FACTS - Congress, staff are exempt from Obamacare
Fact Check: Congress, staff are exempt from Obamacare
FACTS:
When Obamacare was passed into law, Sen. Charles Grassley, the Iowa Republican, attached language to the bill that mandated members of Congress and their staffers would have to buy health insurance on the newly created health insurance exchanges. What nobody accounted for at the time was that members of Congress and their staffers currently have health insurance through their employer – the federal government. No other employer has been legally required to drop its employee’s health care plan and have them buy coverage on the exchanges.Like most other large employers, the federal government contributes a portion to the premiums of its employees. In fact, like many employers, the federal government pays most of the premiums for its workers; an average of 72 percent on Capitol Hill. The law didn’t account for the continued employer contribution for these federal workers who would now be buying their insurance on the exchanges. The exchanges were designed to help people without health insurance and people with overly expensive health insurance. It became clear that without their employer contribution, members and their staffers would essentially be getting a cut in pay and benefits equal to thousands of dollars. Even Grassley, the provision’s author, had said the government should continue to contribute to lawmakers’ and staffers’ premiums. What the Obama administration has done is ruled that the congressional workers will continue to receive the employer contribution to help them buy their insurance on the exchange.
VERDICT:
False. Congress is no more exempt than any other employer who drops coverage and then helps employees purchase insurance on the exchanges.
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Get paid: Washington (CNN) -- Battered by two months of bad ...
Get paid: Washington (CNN) -- Battered by two months of bad ...: Washington (CNN) -- Battered by two months of bad publicity over the Obamacare website Washington (CNN) -- Battered by two months o...
Get paid: Indian rupee has been one of the worst performing ...
Get paid: Indian rupee has been one of the worst performing ...: India current account deficit narrows sharply India's current account deficit, a key area of concern, narrowed sharply in the ...
Get paid: Indian rupee has been one of the worst performing ...
Get paid: Indian rupee has been one of the worst performing ...: India current account deficit narrows sharply India's current account deficit, a key area of concern, narrowed sharply in the ...
Get paid: Science and Technology -India's spacecraft to Mars...
Get paid: Science and Technology -India's spacecraft to Mars...: Indian Mars probe crosses Moon's orbit India's spacecraft to Mars has crossed the Moon's orbit on its way to the red p...
Washington (CNN) -- Battered by two months of bad publicity over the Obamacare website !Everything you need to know!
Washington (CNN) -- Battered by two months of bad publicity over the Obamacare website
Washington (CNN) -- Battered by two months of bad publicity over the Obamacare website, the White House is going on the offensive to tout what it sees as the benefits of the President's signature healthcare plan, a White House official told CNN.
Washington (CNN) -- Battered by two months of bad publicity over the Obamacare website, the White House is going on the offensive to tout what it sees as the benefits of the President's signature healthcare plan, a White House official told CNN.
"While work continues on
the website, we think it is important that proponents of health reform
undertake a renewed effort to refocus the public on the benefits of the
law that have already been implemented," the official said.
"To kick off the new
effort, the President will hold an event at the White House to discuss
the health care law's benefits already in place for millions of
Americans and make the case for why we need to move forward to make sure
the law is a success."
Science and Technology -India's spacecraft to Mars has crossed the Moon's orbit on its way to the red planet
Indian Mars probe crosses Moon's orbit
India's spacecraft to Mars has crossed the Moon's orbit on its way to the red planet, space authorities said.
The Mangalyaan craft is now "travelling beyond the moon into deep space", space officials added.On Sunday the spacecraft fired its main engine for more than 20 minutes, giving it the correct velocity to leave Earth's orbit.
It will now cruise for 680m km (422m miles), setting up an encounter with its target on 24 September 2014.
The Mars Orbiter Mission is designed to demonstrate the technological capability to reach Mars orbit.
But the $72m (£45m) probe will also carry out experiments, including a search for methane gas in the planet's atmosphere.
Indian Space Research Organisation officials said the spacecraft had crossed the Moon's orbit on Monday night.
Indian rupee has been one of the worst performing currencies in Asia this year. India current account deficit narrows sharply
India current account deficit narrows sharply
India's current account
deficit, a key area of concern, narrowed sharply in the second quarter
after a series of measures helped curb gold imports.
The deficit fell to $5.2bn during the July-to-September quarter, down from $21bn during the same period last year.A current account deficit is the difference between inflow and outflow of foreign currency and occurs when imports are greater than exports.
India's deficit had been widening raising fears over its economic health.
Gold imports
India has been trying to bring
down the deficit after it hit a record high of 6.7% of the GDP in the
October-to-December quarter last year.
A widening deficit strains the country's foreign exchange reserves, as well as the value of its currency.The Indian rupee has been one of the worst performing currencies in Asia this year.