Patty Murray

October 30, 2017

ACA sabotage will hurt Louisiana consumers

More than 12 million Americans – including 143,577 Louisianans – bought health coverage in 2017 through the Affordable Care Act’s (ACA) health insurance marketplace. But as the Nov. 1 start of the 2018 open enrollment period looms, the future of that coverage remains uncertain due to President Donald Trump’s repeated efforts to undermine the federal health reform law.  Read more...

October 26, 2017

Income taxes and economic growth

Supporters of trickle-down economics have tried to argue for years that income taxes are a barrier to economic growth, and that states without income taxes fare better than states that have them. But a report out today from the Institute on Taxation and Economic Policy successfully dispels that myth.

Number of the Day

34 percent - The average increase to the most popular marketplace health insurance plans in the upcoming year  (Source: Associated Press)
October 25, 2017

Congress reverses consumer protection law

The U.S. Senate voted late Tuesday to repeal a banking rule that allowed consumers the ability to file class-action lawsuits against banks and credit card companies.

Number of the Day

$7,725 - Amount the average consumer pays in fees to their bank or lender after going through forced arbitration. (Source: Economic Policy Institute)
October 23, 2017

Another look at tax exemptions

Louisiana gives away more money through corporate tax exemptions and credits than it collects from corporations in income taxes. That much has been known for years.

Number of the Day

79,379 - Louisianans who buy health coverage on the individual marketplace and benefit from federal cost-sharing reductions (Source: Centers for Medicare & Medicaid Services)