GOP health plan to give more help to richer people
A Washington Post analysis of House Republicans’ newly unveiled plans to rewrite the Affordable Care Act would give more financial help to richer people and cut federal assistance to moderate- and low-income people.The new legislation would let individuals earning up to $75,000 a year and married couples earning as much as $150,000 get a refundable tax credit; some Americans earning more than that also would get help, albeit in lessening amounts.
The Post observed”
“These changes, aimed at curbing the federal spending on health care, reflect Republicans’ fundamentally different vision of government’s role. Rather than expand a social safety net for poorer Americans, at the risk of imposing financial burdens on future generations, they hope to set in motion free-market approaches that would change the way many Americans access health care.”