CBO: Social Security Trust Fund Gone In 2029

The problem is that entitlement spending will grow faster than the economy and tax revenue, fueled by an aging population, rising health care costs and expanding ObamaCare enrollment.


Read More At Investor's Business Daily:
http://news.investors.com/politics/061615-757616-social-security-trust-fund-ends-in-2029-autopilot-spending.htm#ixzz3dLzNQCpA 

How Low-Income Workers Are Victimized by ObamaCare...

Retirement and The Affordable Care Act

Provided by Nationwide Insurance

5 Tips for Filing Your Tax Return

Health Premiums Have Climbed +$4,865 Since Obama Promised to Cut Them -$2,500

That's a negative -$7,365 per family, per year off the mark of the President's promise. 


Read More At Investor's Business Daily: 

Health Premiums Have Climbed $4,865 Since Obama Promised to Cut Them $2,500

Why The Affordable Care Act is Largely Unaffordable...

The ObamaCare mandate's primary impact will be to compel low-income households to buy bronze coverage with deductibles of up to $6,850 per adult that are well beyond their capacity to afford. 

Because any semi-serious health issue will torpedo their finances long before ObamaCare begins to pay the bills, this situation raises a question of whether it is ethical to threaten them with a mandate penalty.

In addition, after two years of ObamaCare enrollment, it now appears likely that this contradiction — the Affordable Care Act mandating unaffordable care — will be the rule, not the exception, for modest-income households between 150% and 250% of the poverty level.

Read More At Investor's Business Daily: 

The ObamaCare Individual Mandate's Harsh Reality 

Obamacare Premiums Soar for the 95% of American Who Don't Qualify for Subsidies

For most people, insurance premiums went up as a result of the Affordable Care Act.
 

If we look at premiums for the 95% of Americans who don't qualify for subsidies, men aged 30, on average, are paying +73% more than they did before the ACA went into effect. 

And women aged 63 are paying +38% more.

Young men are seeing the greatest increase, with those aged 23 now paying +78% more. 

And monthly premiums for family policies rose +93.7%, from $378 for 2013 plans to $732 for 2014 plans.

The biggest factors leading to the increase are the fact that insurance must now cover new applicants even if they have preexisting illnesses, and the mandatory inclusion of several previously optional coverage items.

Why LA's $15 Minimum Wage Will Really Be $19.28

Read More At Investor's Business Daily: 

Why LA's $15 Minimum Wage Will Really Be $19.28 


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