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The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act (PPACA) and informally as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.
In May the United States House of Representatives voted to repeal the ACA using the American Health Care Act of 2017. [79] [80] On December 20, 2017, the individual mandate was repealed starting in 2019 via the Tax Cuts and Jobs Act of 2017. [81] The CBO estimated that the repeal would cause 13 million people to lose their health insurance by ...
The increase in the threshold for the itemized medical expense deduction from 7.5% to 10% of AGI (originally scheduled to take effect on January 1, 2017) goes into effect (per the Tax Cuts and Jobs Act of 2017). The repeal of the "individual mandate" by the Tax Cuts and Jobs Act of 2017 goes into effect, reducing the tax penalty to zero. [150]
The enhanced subsidies, which were first passed in 2021 as part of the American Rescue Plan Act, will have been in place for roughly five years when they expire in 2025, or about half as long as ...
The Affordable Care Act, often called Obamacare, has always given taxpayer-subsidized credits to consumers based on their income levels to offset the cost of monthly health insurance premiums ...
Directs agencies to hinder parts of Patient Protection and Affordable Care Act (Obamacare) that entail financial burdens, and begin transition to repeal of that law Executive Order 13765 is the first executive order signed by former U.S. President Donald Trump on January 20, 2017, which set out interim procedures in anticipation of repeal of ...
Affordable Health Care for America (H.R. 3962) America's Affordable Health Choices (H.R. 3200) Baucus Health Bill (S. 1796) Proposed. American Health Care Act (2017) Medicare for All Act (2021, H.R. 1976) Healthy Americans Act (2007, 2009) Health Security Act (H.R. 3600) Latest enacted. Affordable Care Act (H.R. 3590) Health Care and Education ...
Instead, lawmakers hoped that the beefed up subsidies could be renewed as part of the bigger negotiation over the tax code that’s looming next year, when parts of the 2017 Tax Cuts and Jobs Act ...