Economy

TL/DR - The articles state that health insurance mandates increase the cost of healthcare. They also discuss the lifelong relationship Americans have with health insurance. They underline the sentiment that health insurance is something that people don't want to use. Insight on Health Insurance Costs and Usage Exploration: How Health…

TL/DR - The Internal Revenue Service (IRS) is set to collect hundreds of billions of additional tax revenue from the ultra-wealthy, thanks to funding from the Inflation Reduction Act. Tax revenues are expected to rise by as much as $561 billion from 2024 to 2034 due to increased enforcement. If this funding is renewed, the additional revenues…

TL/DR - The US Treasury Secretary Janet Yellen anticipates robust economic growth in 2023, despite predictions otherwise, expecting new business startups to continue at record pace, unemployment rates to fall below 4%, and improvements in middle-income households' wealth and purchasing power. Four economic measures - the American Rescue Plan, the…

TL/DR - The Public Employees Insurance Agency of West Virginia is proposing a health insurance premium increase of 35% over two years for state employees, despite already rising healthcare costs. This comes after the state legislature passed a bill earlier this year to increase health insurance premiums by 25% due to the agency's $376 million…