Showing posts with label U.S. Congress. Show all posts
Showing posts with label U.S. Congress. Show all posts

Friday, December 6, 2013

Obamacare Reg Treats Congress That Spent $3.5 Trillion as a ‘Small Business’

President Barack Obama and House Democratic Leader Nancy Pelosi (AP Photo/Pablo Martinez Monsivais)(CNSNews.com) - An Obamacare regulation issued by the Office of Personnel Management in October treats the U.S. Congress—which employs more than 11,000 staffers and which spent $4,329,000,000 on its own operations and $3,454,253,000,000 to fund the full government in fiscal 2013--as a “small business.”
OPM did this so that the Treasury can pay federal subsidies of up to $11,378 per year to help members of the House and Senate and their staff buy health-insurance plans in the Obamacare “Small Business Health Options Program” (SHOP) Marketplace set up for “small employers” in Washington, D.C.
The regulation treats this federal tax subsidy paid by the U.S. Treasury as if it were an “employer contribution” made by the owner of a small business.
Subsection D of Section 1312 of the 906-page Patient Protection and Affordable Care Act is entitled: “MEMBERS OF CONGRESS IN THE EXCHANGE.”
It says: “Notwithstanding any other provision of law, after the effective date of this subtitle, the only health plans that the Federal Government may make available to Members of Congress and congressional staff with respect to their service as a Member of Congress or congressional staff shall be health plans that are—(I) created under this Act (or an amendment made by this Act); or (II) offered through an Exchange established under this Act (or an amendment made by this Act).
Via: CNS News

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