Sahil Kapur

@sahilkapur ↗

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Last Checked Aug. 22, 2022

Created

Sun Aug 07 22:26:41 +0000 2022

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Sahil Kapur @sahilkapur

What's in Inflation Reduction Act $370 billion climate/energy funding Medicare negotiates rx prices Mcare out-of-pocket cap: $2,000 Mcare insulin cap 3-year ACA $ extension $5 billion drought resiliency 15% corporate minimum tax 1% excise tax stock buybacks Extra IRS enforcement — PolitiTweet.org

Posted Aug. 7, 2022

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Sahil Kapur @sahilkapur

Casualties of Build Back Better agenda Universal pre-K Child care $ Elder care $ Child tax credit $ Housing $ Community college EITC expansion Closing Medicaid gap Immigration Tax RATE hikes Millionaire surtax Ending carried interest These items were excluded from the new bill. — PolitiTweet.org

Posted Aug. 7, 2022

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Sahil Kapur @sahilkapur

The 3-year extension of ACA funding in the Democrats' bill is politically significant. Earlier talks with Joe Manchin centered on a 2-year extension, which would have caused a wave of premium hike notices in 10/2024, right before the presidential election. This pushes it to 2025. — PolitiTweet.org

Posted Aug. 7, 2022