The Trump and Bush-era tax cuts are projected to give a $2 trillion break for the wealthiest 1 percent by 2025. Meanwhile, Republicans have proposed $2 trillion in cuts to Medicare, Medicaid, Social Security, and the ACA between 2019-2028. The average beneficiary of these programs stands to lose an average of $1,500 per year in services or tax credits. This would translate to 3.6 weeks of unpaid work for a retail sales person earning $23,000—the most common job in America. The average household would lose over $3,000 in services and tax credits per year.
Oct 12 2018
Age of Principle Farm Operator
Oct 11 2018
Hispanic Heritage Month - Businesses
Oct 11 2018
Hispanic Heritage Month - Entrepreneurs
Oct 11 2018
Hispanic Heritage Month - Poverty Rate
Today, the Senate Republicans rejected a resolution of disapproval to rescind the Trump administration’s rule expanding junk plans. Junk plans—or short-term, limited duration plans—allow insurance companies to sell lower-value plans and skirt nearly all federal consumer protections.
Oct 10 2018
Annual Deductibles Are Rising Faster Than Wages
Oct 09 2018
Annual Deductibles Are Rising Faster Than Wages
New survey data shows that annual premiums for employer-sponsored health insurance rose 5 percent to $19,616 for family plans and 3 percent to $6,896 for single coverage in 2018, continuing the upward trend. The average covered worker is responsible for about 29 percent of the premium for family coverage and 18 percent of the premium for single coverage. And to add on to those costs, a growing share of covered workers face a general annual deductible. Since 2008, general annual deductibles for covered workers have increased more than eight times as fast as wages. This puts a strain on American families’ pocketbooks, as workers have to cover more and more of their health care bills out of pocket.
