News Headlines Article

Promoting the Health Care Law as a Tax Cut
New York Times

If the new health care legislation remains intact, it could offer real money for a lot of Americans. Or so says a Families USA report released on Tuesday that estimates that nearly 29 million people will be eligible for tax credits under the law if they are buying private health insurance beginning in 2014.

The report, based on an analysis by the Lewin Group for Families USA, a consumer advocacy group that has been a strong proponent of the health care legislation, calculates that the credits could reduce family income taxes more than $110 billion in 2014 alone.