Bipartian Cooperation to "Sc**w" Recipients of Early Social Security Retirement Benefits
This will be a VERY brief post. I hope to work up something more on this later, but thought that it warranted being brought to light, to those who may have missed this "amendment" to the ACA.
Above is a "screenshot" of the Senate Vote on H.R. 674, 3% Withholding Repeal and Job Creation Act. The vote in the House: 422/0, Yea/Nay.
Apparently, the party of the "little guy" (ROTFL) pushed to make ensure that individuals who had the audacity to draw "early" Social Security retirement benefits would not find it "easy" to be able to meet the individual mandate for health insurance under the ACA.
H.R. 674 was passed into law in November 2011. This amendment which included the previously "untaxed" portion of Social Security income as part of an individual's MAGI, meant that many seniors were precluded from both eligibility for Medicaid, and/or receiving "health premium subsidies" in the Health Exchange.
Title IV - Modification of Calculation of Modified Adjusted Gross Income for Determining Certain Healthcare Program Eligibility Section 401 - Amends the Internal Revenue Code to include social security benefits that are excluded from gross income in the calculation of modified adjusted gross income for purposes of determining eligibility for the tax credit for coverage under a qualified health plan.
So much for the "Lesser Of Two Evils" theory, LOL!
Hopefully, some of you guys will join me in a "Tweet" campaign regarding this "amendment." I have to believe that a move like this would actually engender a huge "push back," if it were to "become known."
I will try to post a "Tweet" over the next days (in the Full Html Mode, which is okay if I don't "write" anything with the "Tweet").
PLEASE, if you agree with it, "Retweet" it.
Or, if you prefer--create your own "Tweets." ;-)