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Originally Posted by Damien
Another interesting thing that whilst all the headlines are on the stimulus Biden is making plans to cement Obamacare/ACA into American life. https://eu.usatoday.com/story/news/p...re/4560965001/
For the most part it's just increasing the subsidies making the premiums cheaper |
Yes, some staggering health costs shown in that article. I guess the employer does not pay the equivalent of national insurance so more of the burden is on the employee.
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A 64-year-old woman whose $58,000 (£41,500) income puts her out of range for subsidized health insurance through the Affordable Care Act could see her premium drop from $12,900 to $4,950 under President Joe Biden's pandemic relief bill that passed the House on Saturday.
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Some good news for the UK.
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The US has agreed to suspend tariffs imposed on UK goods including single malt whiskies that were imposed in retaliation over subsidies given to the aircraft maker Airbus.
The suspension also covers items like cheese, pork, cashmere and machinery.
The tariffs will be suspended for a period of four months.
On 1 January, the UK had already dropped its own tariffs on some US goods put in place over a related dispute about US subsidies to Boeing.
The Scotch Whisky Association called the suspension "fabulous news".
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https://www.bbc.co.uk/news/business-56279525