Friday, December 20, 2013

Obamacare fix: No tax penalty for those whose policies were canceled

The Chicago Sun-Times reports:
Trying to head off more bad news over the chaotic rollout of President Barack Obama’s health care law, the administration Thursday offered stopgap options so people whose existing plans got canceled are not penalized.

Health and Human Services Secretary Kathleen Sebelius said in a letter to a group of senators that she will use authorities in the law to issue a “hardship exemption” from tax penalties to those who received cancellations and were not able to line up new coverage.
What's to stop a future President from waiving tax penalties from now to doomsday????