TheAffordable Care Act(aka “Obamacare”) demands its own section, since many parts of the program (including Medicaid Expansion and CHIP) are so closely tied to multiples of the Federal Poverty Level. Those multiples are significant, particularly when determining theACA Premium Tax Creditamounts ...
The 2023 Federal Poverty Guidelines / Federal Poverty Level for calculating income eligibility for state assistance programs for aging, blind or disabled persons.
Rather, I wanted to see how close I was from a cost of living expense standpoint to the poverty income guidelines. What does the U.S. government view as “poverty” or “poor” (or, at least poor enough to be eligible for federal assistance). Am I living below that income level (ass...
The big lesson from the so-called War on Poverty is that poverty rates suddenly stopped declining. In other words, government tried to help, but wound up doing harm. P.S. Here are the other 13 Theorems of Government. The “First Theorem” explains how Washington really operates. The “...
The federal government imposes a limit on the amount of debt it can incur. Congress considers legislation to either increase the dollar amount in law or suspend the debt limit for a period of time to allow the government to take steps to finance the difference between the amount of revenue ...
Adjust premium tax credits by age Enhance subsidies for those at 150 percent of the federal poverty level up to 600 percent of the federal poverty level while also diminishing the contribution percentage The coronavirus test should be broadly available, regardless of healthcare coverage status...
If proven viable, solar on the 4,000 miles of canals throughout California could not only provide significant amounts of electricity but save water by slowing evaporation.By reducing direct sunlight, the solar cells could also limit algal blooms....
In July 2023, the Biden administration announced that it would pave the way for 804,000 borrowers to receive student loan debt relief under the current IDR waiver. The move amounts to another $39 billion in student loan forgiveness. According to the White House, the latest round of discharge...
A living wage is the minimum income deemed necessary for a worker to meet their basic needs. The U.S. poverty level for a family of four was an income of $30,000 in 2023 which works out to $14.42 per hour, well above the minimum wage at the federal level. Critics argue that the ...
The federal poverty level (FPL) is an economic measure used to decide whether theincomelevel of an individual or family qualifies them for certain federal benefits and programs. TheDepartment of Health and Human Services (HHS)updates its poverty guidelines, illustrating the set minimum amount of in...