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Tag: Affordable Care Act

Un calculadora con facturas médicas y formularios de impuestos cerca.
Society

One lesser-known way in which the tax code subsidizes healthcare spending

The tax code allows for a detailed medical deduction (IMD) that subtracts certain medical expenses from taxable income; however, it currently benefits a small fraction of the population. Reforming the IMD could expand its reach, but lawmakers must consider other options to address the financial risks of health decline. The IMD has been modified since 1942 and still represents a significant portion of medical spending. It is more beneficial for taxpayers over 65 years old.

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El Congreso en sesión en medio de una lucha por el poder en la Casa Blanca.
Globalization

Is Government Paralysis Different?

The US government is facing a shutdown in October 2025 due to Congress’s failure to approve funding for government agencies, affecting services such as national parks and air traffic controllers, with key points of contention being healthcare subsidies and the critical deadline of October 15 for paying federal workers.

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El edificio del Capitolio de EE.UU. en medio de la paralización gubernamental y los choques de símbolos de
Globalization

The US faces a partial shutdown.

The US Congress is facing a shutdown due to lack of agreement between Republicans and Democrats, with Donald Trump exacerbating tensions in a video. If there is no agreement before midnight, the consequences will be severe. Political polarization complicates negotiations, affecting the economy and trust in institutions.

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