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Homeland chairman: Lifting sanctions ‘bankrolls’ terrorism

Islamic Jihad philly shooter

 

By Mike Lillis – 01/17/16 02:06 PM EST

The Republican head of the House Homeland Security Committee is warning that the Obama administration’s decision to lift sanctions as part of the Iran nuclear deal will bankroll terrorism at the expense of the United States and its allies.

Rep. Mike McCaul (R-Texas) has long hammered the nuclear deal as a misguided agreement with untrustworthy adversaries –– a universal sentiment of congressional Republicans. McCaul amplified those concerns on Sunday following the administration’s announcement that it has lifted financial penalties on Iran surrounding its nuclear program.

“I have said from the start that the Iran deal was little more than a negotiation with terrorists. And now with its implementation, we can see clearly one of the dangers it will bring to the free world,” McCaul said in a statement. “The administration is unfreezing billions of dollars for the Iranian government, which will enhance its bankrolling of terrorism, perpetuate its repression, and fuel its efforts to oppose America and our allies in the region and beyond.”

President Obama on Sunday defended the move to lift sanctions, saying Iran’s compliance with the nuclear deal has been “verified,” leading to the need for the United States to make good on its part of the bargain.

“Now that Iran’s actions have been verified, it can begin to receive relief from certain nuclear sanctions and gain access to its own money that had been frozen,” Obama said from the White House.

In the same breath, however, Obama announced that he’s installing new sanctions on Iran in response to a pair of ballistic missile tests conducted by Tehran late last year in defiance of United Nation’s resolutions. The dual moves highlight the sharp distinction the administration is making between Iran’s nuclear program and other actions undertaken by Tehran.

“We remain steadfast in opposing Iran’s destabilizing behavior elsewhere, including its threats against Israel and our Gulf partners, and its support for violent proxies in places like Syria and Yemen,” Obama said. “We still have sanctions on Iran for its violations of human rights, for its support of terrorism, and for its ballistic missile program. And we will continue to enforce these sanctions, vigorously.”

The ballistic missile testing “was a violation of its international obligations,” Obama added. “And as a result, the United States is imposing sanctions on individuals and companies working to advance Iran’s ballistic missile program. And we are going to remain vigilant about it.”

https://www.linkedin.com/home?trk=nav_responsive_tab_home

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Maura DeNicola will seek Reelection as Bergen County Freeholder in November 2016.

12473768_926606877376315_6132165757610422872_o (1)

January 17,2016

the staff of the Ridgewood blog

Hackensack NJ, At County Committee Meeting Maura McMahon DeNicola announced her intention to run for reelection as Bergen County Freeholder in November 2016. Maura is the last one standing and ready to take on new challenges .

Maura said , “It’s hard to believe it’s already time to be a part of this great political process once again! “

For those that have not had the pleasure of meeting Maura has long list of local leadership positions :
Bergen County Freeholder
Trustee Neighbors Helping Neighbors
Mayor of Franklin Lakes
Councilwoman Franklin Lakes
Member Board of Trustees Neighbors Helping Neighbors
Former Member Board of Trustees Don Bosco Prep
Former Member Franklin Lakes Board of Education
Member Franklin Lakes Planning Board
Member Bergen County Mayors Association and Northwest Bergen Mayors Association

Maura’s was educated at Boston College, B.A., graduated magna cum laude and recieved and M.A. from Columbia University.

Maura has been Married to Philip, 29 years with 4 children,Philip, Graduate U.S. Naval Academy, Lieutenant U.S. Navy
Paul, Graduate Leonard N. Stern School of Business at the New York University,Conor, Automotive Mechanic
Lucia, Freshman, Villanova University

Maura commented of the the defection of Sheriff Saudino ,”I am disappointed that the sheriff chose to turn his back on his party, and his commitment to the people who nurtured his political career. I am disappointed that he chose political expediency, and self-interest ahead of the people’s interest.

I am sure the allure of the power of the Democratic Party in Bergen County is difficult to resist. I am sure Chairman Stellato made him an offer he couldn’t refuse. But there are those of us who believe in fighting for what is right and what we believe in regardless of the outcome.

Sheriff Saudino may want us to believe that his decision is about law enforcement, but we know it’s not. It’s about making a deal to secure his re-election. So let’s not for a moment pretend that this defection today has anything to do with differences with the past administration or the sheriff’s ability to carry out his duties.

It’s about nothing more than political ambition and succumbing to the allure of power and prolonging a political career.

I am prepared to work this year with the citizens of this county who want fair, honest and open government and I look forward to working with the Republican Party’s nominee for sheriff.”

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Panic: Clinton Campaign Underestimated Sanders Strengths, Allies Say

Bernie Sanders

By PATRICK HEALYJAN. 16, 2016

Advisers to Hillary Clinton, including former President Bill Clinton, believe that her campaign made serious miscalculations by forgoing early attacks on Senator Bernie Sanders of Vermont and failing to undercut his archliberal message before it grew into a political movement that has now put him within striking distance of beating Mrs. Clinton in Iowa and New Hampshire.

According to Democrats close to the Clintons and involved with her campaign, Mrs. Clinton and the former president are also unnerved by the possibility that Mr. Sanders will foment a large wave of first-time voters and liberals that will derail her in Iowa, not unlike Barack Obama’s success in 2008, which consigned Mrs. Clinton to a third-place finish. They have asked her advisers about the strength of the campaign’s data modeling and turnout assumptions in Iowa, given that her 2008 campaign’s predictions were so inaccurate.

As the Democratic rivals prepare for what is likely to be a contentious televised debate on Sunday night, the Clintons are particularly concerned that her “rational message,” in the words of an aide, is not a fit with a restless Democratic primary electorate. Allies and advisers of the Clintons say Mr. Sanders is clearly connecting with voters through his emotional, inspiring rallying cry that the American economic and political systems are rigged for the wealthy and powerful. By contrast, Mrs. Clinton has beenstressing her electability and questioning the costs of Mr. Sanders’s ideas.

https://www.nytimes.com/2016/01/17/us/politics/hillary-clinton-regrets-not-attacking-bernie-sanders-earlier-her-allies-say.html?_r=0

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Join the B.Witching team for a fun class of Love Potion Crafting

B

The Ultimate Valentine’s Celebration!
Join the B.Witching team for a fun class of Love Potion Crafting
Class includes instruction and all crafting supplies. Learn to mix herbs and fragrances to formulate your own bath salt potion & roll beeswax and blend fragrances to create a Valentine’s Day candle.
Class dates:
Thursday Feb 11, 2016 from 5-7pm
Friday Feb 12, 2016 from 5-7pm
Saturday Feb 13, 2016 from 12-2pm
Saturday Feb 13, 2016 from 3-5pm
Saturday Feb 13, 2016 from 6-8pm (Adults Only—BYOB)
$25 per person paid in advance – $30 per person day of event.
Space is limited to 10 people per class and they sell out quick! Reserve space in person or by calling our Ridgewood Store. Not recommended for children under 6 years of age. The perfect Valentine’s Day Ladies Night Out, Girl Scouts or Mommy & Me Event!

B.Witching Bath Co. LLC
11 S. Broad Street, Ridgewood, NJ 07506 Tel: 201-444-0333
www.bwitchingbathco.com

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Garrett Calls “Too-Big-To-Fail” a virus in our banking system and says Dodd-Frank increased the likelihood that taxpayers will be on the hook for additional Wall Street bailouts

bank-of-america_theridgewoodblog

 

January 16,2016

the staff of the Ridgewood blog

Ridgewood NJ, In November  Rep. Scott Garrett (NJ-05), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, questioned Federal Reserve Chair Janet Yellen about the Fed’s use of cost/benefit analyses on new regulations. Chair Yellen testified before the House Financial Services Committee today and admitted to Rep. Garrett that the Fed has no plans to conduct an economic analysis that would determine the cumulative impact that hundreds of new rules prescribed by Dodd-Frank and the Basel Committee will have on the economy.

Garrett spoke earlier last year saying “ the Dodd-Frank Act was signed into law amidst promises that the legislation would protect American consumers, make our economy more competitive, and end ‘too big to fail.’ Instead, Dodd-Frank has stifled economic growth, made it more difficult for Main Street businesses to obtain credit, and increased the likelihood that taxpayers will be on the hook for additional Wall Street bailouts. Most importantly, this law has and has made it harder for Americans to find a job, buy a home, and save money for their family’s future.

“Despite creating new bureaucracies that have imposed thousands of pages of rigid, invasive, and unworkable regulations, Dodd-Frank did nothing to reform the mortgage giants Fannie Mae and Freddie Mac, whose actions caused the 2008 financial crisis. Now more than ever we need solutions that expand economic freedom and opportunities for hard-working American taxpayers. I look forward to working with my colleagues in order to protect our economy from the harsh reality of Dodd-Frank.”

“I believe we have a virus in our banking system that is stifling competition and innovation. It protects incompetent management and insulates antiquated business models from market discipline. It incentivizes the largest banks to grow even larger and makes these mega-banks captive to government influence. This “Too-Big-To-Fail” virus is now poised to spread beyond banks to other types of financial firms. Not surprising, it is the government that is preparing to label other financial firms “Too-Big-To-Fail” by designating them as systemically important and spreading these market distortions.

 

The Spectacular Too Big Failure of Dodd-Frank

Quick-to-fix regulation often creates unintended consequences
Dodd-Frank ultimately destroyed the community bank
Consumers lost choice and completion, although farmers were hurt most

By Edward Morrissey

February 12, 2015

Not much unites the activist Left and activist Right, and not much ever has. After the near-collapse of the fiscal sector in 2008, though, populist movements on both sides found momentum in opposition to government bailouts of private-sector firms, especially in the financial industry.

“Too big to fail” became a mantra used to leverage massive taxpayer bailouts of financial institutions. Those bailouts enraged conservatives who believed that government had largely created the “too big to fail” players that needed rescuing from bad government policy. At the same time, progressives angrily denounced the parachutes provided to Wall Street fat cats while ordinary Americans suffered through a period of tight lending and a poor economy — especially in the labor markets.

By the time 2010 rolled around, the two sides could agree on one thing: changes were necessary to unwind “too big to fail.” Conservatives wanted to push government out of lending and finance through tax and regulatory reforms that would end rent-seeking behaviors that perpetuated it. Progressives wanted more regulation and government intervention to force the industry to behave better.

Since Democrats controlled Congress and the White House in the spring and summer of 2010, they chose the progressive policy. Congress passed and President Barack Obama signed the Dodd–Frank Wall Street Reform and Consumer Protection Act in July of that year – not long after passing the progressive Affordable Care Act that created massive government intervention in the health-insurance industry.

For the past eighteen months, the news media has focused on the failures and incompetence of the Obama administration in the ACA’s rollout and infrastructure. The impact of Dodd-Frank has largely been ignored, until now. According to a new study by the Harvard Kennedy School of Business, the attempt to end Too Big to Fail backfired – in a big way.

One problem that led to TBTF was industry consolidation, which had been steadily reducing the number of smaller community banks that made lending much more accessible to small business owners, farmers, and middle and working-class families. Over the past twenty years, the share of US lending handled by community banks has fallen by half, from 41 percent to 22 percent, while the share handled by large banks more than doubled from 17 percent to 41 percent.

https://www.thefiscaltimes.com/Columns/2015/02/12/Spectacular-Way-Too-Big-Failure-Dodd-Frank

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O’Toole Announces His Final Senate Term

Senator_Kevin_OToole_theridgewoodblog

Dear Friend:

As we begin 2016 and this Legislative Session, I wanted to take this opportunity and inform you of a decision I have made.

Being a member of the Legislature has been one of my most satisfying privileges, and having been your State Senator has been my honor and privilege. As with all things in life, I truly believe that there comes a point when it’s time for new opportunities and letting the next generation of public servants have their chance to make a mark on society.

As such, I have decided this will be my last term in the legislature and that I will not seek re-election in 2017.

While I have decided not to seek another term in office, I intend to complete the remainder of my term – which ends in January of 2018. Until that time, please know that my office remains available to assist you and I intend to remain an active member of the Legislature advocating for issues that improve the quality of life for residents here in District 40 and throughout our State.

As always, I look forward to hearing from you at 973-237-1360 or email me at [email protected].

Sincerely,
Kevin J. O’Toole
Senator, District 40

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Brief Observations From Last Night’s Republican Debate

GOP Debate
January 15,2016
By Jason A. Vigorito
After so many debates and campaigning weeks, the Republican field has begrudgingly narrowed a bit, and poll numbers have relatively stabilized. Donald Trump, Ted Cruz, and Marco Rubio are now the Big Three, while the rest of the pack have become several strains of the same white noise.
It’s unfortunate that Trump is now being blatantly political and attacking another candidate because of polls–the epitomizing strategy of a true politician (he learns fast! But, he’s very smart and went to the best schools–not sarcastic). A difference between Trump and the professional politicians is supposed to be that he’s open, honest, and transparent about his campaign (like a certain president said his administration would be, who then turned around and became the least transparent administration since Nixon’s). Trump’s poll numbers stay high in the #1 spot because of his refreshing lack of political professionalism, but he’s proven on occasions, such as last night, that he’s from the same cloth, just a glossier version.
I saw absolutely nothing wrong with what Cruz said in any portion of his performance time last night. His observations and policies were accurate, and he utilized the same strategy Trump has been: only attack if attacked. A common question among the electorate since the first Republican debate: can Trump not handle the same treatment? A rattling empty garbage can receives the alleyway’s attention.
As to the New York attitude, for my suburban readers, let’s not forget, NYC wasn’t the only location directly attacked on 9/11: Washington, DC (which has not had a single positive thing said about it–double standard?), and a short drive from where I grew up in western PA (no buildings were hit, but hundreds of lives were still lost on that spot); furthermore, the entire country was indirectly under assault that day. Trump articulated loudly and proudly the New York attitude that only New York matters, and the rest of the country is talked about only in poll results or vague national security mantras. He has never mentioned the devastation that occurred in Washington, DC, or Pennsylvania–those lives were just as precious and valuable. Apparently for Trump, everywhere else is arbitrary fly-over country that makes for quaint scenery on his way to the southern Californian coast for some golf. Trump made Cruz’s point for Cruz.
Trump still gets the most media attention, but Cruz is now attacked the most by the candidates and media. Cruz’s messages must be resonating as well.
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Lack of snow precipitating positives for Ridgewood

Ridgewood_snow_storm_theridgewoodblog

JANUARY 15, 2016    LAST UPDATED: FRIDAY, JANUARY 15, 2016, 12:31 AM
BY MARK KRULISH
STAFF WRITER |
THE RIDGEWOOD NEWS

The temperatures have turned a little colder since the start of the New Year, but the weather has remained unseasonably pleasant in northern New Jersey.

Most notably, the past couple of months have lacked the cycle of snowstorms that blanketed the region in each of the past two years with several feet of powder, which can cause havoc for many municipalities as they attempt to keep streets clear and safe.

Instead, the village has been able to focus on tasks not normally associated with this time of year.

Director of Operations Rich Calbi said without snow, village employees can spend more time on routine maintenance, such as fixing potholes. The unseasonable warmth has allowed workers to continue using hot asphalt to fill potholes, which Calbi said tends to have a longer lifespan than a substance known as cold patch.

However, Calbi said the relative lack of potholes in the village is due to the investment made last year in completing numerous paving projects.

“The village put forth a major effort budget-wise with infrastructure,” said Calbi. “They completed miles of road this year and that has a great effect on how many potholes we have had to fill.”

Other such routine maintenance includes the cleaning of catch basins and performing additional cleanups of the roadways beyond leaf season.

In past years, the end of leaf season and the beginning of snowy weather have occurred back-to-back, but a dearth of snow has allowed the village to perform extra sweeps post-leaf collection to pick up extra debris.

https://www.northjersey.com/news/weather/lack-of-snow-precipitating-positives-1.1492234

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The Obama doctrine — denying reality in the name of hope and refusing to acknowledge the critical need for American leadership

Obama-Golf

Judd Gregg: America missing

“The Obama doctrine — denying reality in the name of hope and refusing to acknowledge the critical need for American leadership — has led directly to disorientation, confusion and increased threats in almost all the major arenas of the world.”

By Judd Gregg – 01/11/16 06:00 AM EST

The world is missing America.

It may not want to acknowledge this fact but it is true nonetheless.

A stabilizing power that is governed by principles and the rule of law is critical to maintaining some reasonable level of order in a world that is inherently disorderly and chaotic.

If such a power is not willing to take on this role then a vacuum occurs. In global affairs, nations or groups who are governed neither by admirable principles nor by the rule of law almost always fill that vacuum.

We are seeing this today, of course.

The Obama doctrine — denying reality in the name of hope and refusing to acknowledge the critical need for American leadership — has led directly to disorientation, confusion and increased threats in almost all the major arenas of the world.

Eastern Europe has devolved and Russia is filling the space with aggression. The Middle East has become totally unhinged from any force for coherent and constructive governance due to the Obama administration’s negligence.

China is expanding its sphere of influence and doing so in international waters. It is clear that Afghanistan is headed in the same direction as Iraq, with the likely re-establishment of the Taliban as the dominant force.

Then there is North Korea, which appears to be moving again toward a capability of delivering a nuclear weapon with a missile.

Those are the obvious results of the Obama administration’s policy of denial.

https://thehill.com/opinion/judd-gregg/265383-judd-gregg-america-missing

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Why Can’t People Disagree Without Taking Things So Damn Personally?

village council meeting

file photo by Boyd Loving

A not-so-obvious reason is the relativism of modern moral discourse, best expressed in the theory known as “emotivism.”
Daniel Lattier | October 28, 2015

Many in our audience express dismay about people not being able to discuss hot-button issues – politics, religion, race, sexuality – without it devolving into anger and name-calling.

Why is it that people can’t have a disagreement without taking things so damn personally?

Well, one obvious reason is human nature. Our positions on controversial topics are usually the manifestations of some of our most deeply held principles. It can take years of education and growth to meet disagreements with these with magnanimity.

But I think a not-so-obvious reason is the relativism of modern moral discourse, best expressed in the theory known as “emotivism.”

In After Virtue, Alasdair MacIntyre wrote that “emotivism has become embodied in our culture.”

He defined it as “… the doctrine that all evaluative judgments and more specifically all moral judgments are nothing but expressions of preference, expressions of attitude or feeling.” In other words, emotivism holds that there can be no way of rationally justifying one’s claims about those controversial issues mentioned above.

https://www.intellectualtakeout.org/blog/why-can%E2%80%99t-people-disagree-without-taking-things-so-damn-personally

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Rep. Garrett Responds to President Obama’s State of the Union Address Once Again takes Iran Nuke Deal to Task

scottgarrett2_theridgewoodblog

January 13th 2016

the staff of the Ridgewood blog

Ridgewood NJ,  Rep. Scott Garrett (NJ-05) issued the following statement after President Obama delivered his final State of the Union address:

“Tonight’s State of the Union address seemed like a victory lap for the president, but for many Americans victory is still nowhere in sight. The six million people still looking for full time employment haven’t seen victory. Neither have those who lost their health care or preferred doctor because of ObamaCare. Or the future generations who will be burdened with debt because of the reckless spending of this administration.

“We must work hard to unleash the American spirit so everyone can pursue their dreams. That means meaningful reforms that reduce regulatory burdens, fix the broken tax code, and rein in the national debt. These are solutions that will empower Main Streets in New Jersey, not bureaucracies in Washington, D.C.

“Additionally, I was troubled by only one fleeting mention of the nuclear deal with Iran and nothing about the U.S. Navy vessels and their crews that are being held captive by Iran. This deal is fundamentally flawed and Iran cannot be left on a path to obtain nuclear capabilities in a few short years.

“If the president wants to work on cutting red tape and regulations, I invite him to join the House Financial Services Committee in looking at the 400 new rules imposed by Dodd-Frank and their massive compliance costs that are being passed along to hardworking families. If he wants to put the American people first, I encourage him to look at the ObamaCare repeal bill that would put health care back in the control of the American people that he vetoed last week. And if he’s serious about the future of America, please Mr. President, deliver a budget next month that actually balances to preserve prosperity for our children and grandchildren.

“We can do better, and this year the House will continue to put forward ideas and legislation that put Americans in the driver’s seat to recovery. I invite the president to join us.”

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YWCA Offers Babysitting for Ages 3 to 12 Years

baby genius1242429997

January 11,2016

the staff of the Ridgewood blog
Ridgewood NJ , YWCA Bergen County now offers babysitting for children ages 3 to 12 years at YWCA Bergen County, 112 Oak Street, Ridgewood, NJ. Babysitting is now available with dates offered through Wednesday, February 24, 2016.

Let the YWCA Bergen County’s experienced child care staff provide your babysitting needs! It is one less thing to stress about! Your children will be safe and engaged at a place they know and love. YWCA’s reliable and caring staff will help put a little sanity back in your week.

For ages 3 to 5 years: Babysitting is offered from 9:00 am to 12:00 pm on Mondays, Wednesdays and Fridays. Each date of Babysitting is $30 for YWCA 360 Members ($20 for each additional sibling), $40 for YWCA Program/Swim Members ($30 for each additional sibling) and $50 for Non-Members ($40 for each additional sibling).

For ages 5 to 12 years: Babysitting is offered from 9:00 am to 3:00 pm on Saturdays. Each date of Babysitting is $50 for YWCA 360 Members ($40 for each additional sibling), $60 for YWCA Program/Swim Members ($50 for each additional sibling) and $70 for Non-Members ($60 for each additional sibling).

Children must be registered 48 hours prior to attendance. Registration forms are available athttps://www.ywcabergencounty.org/PLymu. For more details or to register, contact Mary at 201-444-5600 ext. 352 or [email protected].

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Anthony Lillo took the helm as director and chief of Ridgewood Emergency Services on Jan. 9

Ridgewood Emergency Services Installation Oath
January 12,2016

the staff of the Ridgewood blog

Ridgewood NJ , Anthony Lillo took the helm as director and chief of Ridgewood Emergency Services on Jan. 9.Lillo, 57, was sworn in by Ridgewood Mayor Paul Aronsohn at the Departments annual installation dinner. Lillo’s emergency services career began in 1991 and he joined Ridgewood Special Operations in 1999. Lillo, an EMT, has served in various leadership positions during his tenure, most recently as deputy chief.

Chief Lillo has worked with Ridgewood Central Dispatch and has extensive background in computer disaster recovery and disaster management as a project manager. He is enrolled in the Certified Public Managers Program at Rutgers University. Chief Lillo succeeds Brian Pullman who retired after serving as director and chief of Ridgewood Emergency Services for 10 years.

Robert Greenlaw, the founder, director and chief of emergency services for 25 years, praised Pullman’s commitment and service saying he helped make the organization what it is today. Pullman joined Ridgewood Emergency Services in 1993.

2016 Ridgewood Officers 1

In addition to Lillo being named director and chief, the other officers were announced during the installation dinner. The 2016 officers include: Deputy Chief Ryan Savaria; Medical Director Dr. Bob Lahita; Public Information Officers Richard Breining and Bob Krane; EMS Captain Murray Yang; EMS Lieutenants John Baker, Brendan Fischer, Emily Benjamin and James Bigos; Special Operations Captain John Epperlein; Special Operations Lieutenants Mike Butler, Eric Frielink and Ace Antonio; Teens in Emergency Services (TIES) Captain Corrine Scarpa; and TIES Lieutenant Kevin Scarpa.

In 2015, Ridgewood Emergency Services responded to 1704 requests for assistance. This amounts to 19,236 hours donated by the volunteers to the Village of Ridgewood on active duty. It does not include time spent on training, meetings, meeting and event preparation.  A cost savings of over $1 million dollars to the Village of Ridgewood.

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Obamacare : Little enthusiasm in NJ for new breast screening guide

breast cancer screening

JANUARY 11, 2016, 6:41 PM    LAST UPDATED: TUESDAY, JANUARY 12, 2016, 7:11 AM
BY LINDY WASHBURN
STAFF WRITER |
THE RECORD

New recommendations about breast cancer screening — when to start, and how often to do it — were released Monday by a federal task force, but they appear unlikely to have much influence on doctors’ practices in New Jersey.

The guidelines by the U.S. Preventive Services Task Force update their previous recommendations, which led to a public outcry about rationing health care in 2009. That year’s most controversial recommendation — that women in their 40s at average risk of breast cancer should decide for themselves whether to start having screening mammograms every other year — was repeated this time.

Women in their 40s “must weigh a very important but infrequent benefit (a reduction in breast cancer deaths) against a group of meaningful and more common harms,” including callbacks for more imaging studies, biopsies for findings that turn out not to be cancer, and treatment of cancers that would not become life-threatening, the recommendations said.

https://www.northjersey.com/news/little-enthusiasm-in-nj-for-new-breast-screening-guide-1.1489540

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Health-Law Tax-Credit Payments to Insurers Questioned

1379441947-obamacare3-300x27721

“The Obama administration said last year that about 85% of enrollees received the subsidy and got an average tax credit of $270 a month.”

The only reason people were willing to buy the overpriced, poor value insurance, was that taxpayers were footing a major portion of the bill. How could our lawmakers have devised such an awful scheme, and then call it “health-care reform?”
A new automated system on the way should alleviate potential problems identified by federal oversight agency

By
STEPHANIE ARMOUR
Jan. 6, 2016 12:00 a.m. ET

The Obama administration wasn’t able to ensure that all tax-credit payments made to insurers under the health law in 2014 were on behalf of consumers who had paid their premiums, according to a federal oversight agency.

However, the agency noted the Obama administration this year is moving to a new automated system that should alleviate potential problems identified in its investigation. The Health and Human Services’ Office of Inspector General is scheduled to release the report Wednesday.

The findings raise questions about the oversight of tax-credit payments that went to insurers on behalf of consumers who qualified for financial assistance.

Tax credits are a major enticement to low- and moderate-income people who buy insurance on exchanges under the Affordable Care Act because they lower monthly premium costs. After consumers sign up for coverage, they can choose to have the federal government distribute the tax-credit payments to insurers to lower their premiums. Nearly $11 billion in tax credits were paid to insurers in fiscal 2014, according to a report by the Treasury Inspector General for Tax Administration.

The Obama administration said last year that about 85% of enrollees received the subsidy and got an average tax credit of $270 a month.

https://www.wsj.com/articles/health-law-tax-credit-payments-to-insurers-questioned-1452056400