Tag Archives: plan

General Election 2017: Labour to rip up Tory Brexit plan

Labour say they would scrap Theresa May’s Brexit plans and unilaterally guarantee the rights of EU residents before talks start, if they win power. While accepting the UK was leaving, Shadow Brexit Secretary Keir Starmer said Labour would press for a different deal prioritising jobs and work rights. It would also seek an early deal on transitional arrangements to smooth the way for the UK’s departure in 2019. The Conservatives said only they had a clear plan for exiting the EU. Ahead of a campaign visit to Wales on Tuesday. ...

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Elon Musk's new plan to save humanity from AI

Artificial Intelligence is scary. Elon Musk explains why Elon Musk has a new plan to protect humanity from artificial intelligence — if you can’t beat ’em, join ’em. In October 2014, Musk ignited a global discussion on the perils of artificial intelligence. Humans might be doomed if we make machines that are smarter than us, Musk warned. He called artificial intelligence our greatest existential threat. Now he is hoping to harness AI in a way that will benefit society. In a recent interview with the website waitbutwhy.com, Musk explained that ...

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Treasury Secretary Mnuchin: Major tax reform plan coming 'very soon'

Treasury Secretary Mnuchin: Tax reform coming ‘very soon’ Treasury Secretary Steven Mnuchin said Thursday the Trumpadministration plans to release a “major tax reform” plan “very soon,” regardless of the outcome of a healthcare overhaul bill. “We hope that this won’t take until the end of the year,” said Mnuchin, speaking at a policy summit in Washington hosted by the Institute of International Finance. The administration has repeatedly stressed that tax reform is a top priority this year. The fresh guidance comes on the heels of a recent interview with the ...

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Brexit sovereignty plan set out in Great Repeal Bill

The government will set out how it plans to remove EU law from the statute book later by publishing details of its Great Repeal Bill. Having formally triggered Brexit, ministers are promising a “smooth and stable transition” with legislation ending the supremacy of EU judges. It will also incorporate thousands of pieces of EU law into UK legislation. The publication comes the day after the UK started two years of talks using Article 50 of the Lisbon Treaty. Prime Minister Theresa May described the invoking of Article 50 as a ...

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PM says Brexit plan to 'strengthen Union' ahead of Sturgeon meeting

Theresa May will meet Nicola Sturgeon in Scotland later for the first time since the SNP announced their proposals for a second independence referendum. At the beginning of a week that will see Article 50 triggered on Wednesday, the PM will say she wants to “build a more united nation”. Mrs May has said “now is not the time” for a Scottish independence referendum, as the Brexit process is due to begin. Meanwhile, Labour is due to outline its Brexit negotiation demands later. The prime minister is travelling to Scotland ...

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GOP's Medicaid plan penalizes some states, rewards others

Kasich vows to defend Medicaid from GOP cuts New England’s bucolic countryside looks much the same on either side of the Connecticut River separating Vermont from New Hampshire. But Medicaid beneficiaries are far better off in Vermont. Vermont generously funds its Medicaid program. It provides better benefits, such as dental care, and pays doctors more than New Hampshire’s program does. That brings more doctors into the program, giving enrollees more access to care. New Hampshire has twice Vermont’s population, but Vermont spends almost as much on Medicaid and covers more ...

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U-turn over Budget plan to increase National Insurance

Plans to increase National Insurance levels for self-employed people – announced in the Budget last week – have been dropped. Chancellor Philip Hammond has said the government will not proceed with the increases which were criticised for breaking a 2015 manifesto pledge. In a letter to Tory MPs, he said: “There will be no increases in… rates in this Parliament.” Labour’s Jeremy Corbyn said the U-turn showed a government “in chaos”. Mr Hammond had faced a backlash by Conservative backbenchers last week, who accused him of breaking a general election ...

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Companies offering HSAs could bank on big profits under GOP plan

Some winners and losers in GOP’s Obamacare replacement Health savings accounts are poised for a major expansion by Republicans in Washington, D.C., and that could mean millions more customers — and fees — flowing to a handful of companies. Investors are betting on it, bidding up shares of HSA provider HealthEquity(HQY) by about 35% since the November election. It’s one of the best performing stocks on Wall Street since Donald Trump won the White House. Another big beneficiary might be Optum Bank, the industry leader, with more than 3 million ...

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GOP's Obamacare replacement plan would lower taxes for the rich

Burwell: Obamacare repeal would be ‘chaos’ The Republican bill to repeal and replace Obamacare contains some goodies for the wealthy. The legislation, unveiled on Monday, would eliminate two surcharges on the rich that are being levied to help pay for Obamacare subsidies and other provisions. The taxes would end after this year. Under the Affordable Care Act, single taxpayers with incomes above $ 200,000 and couples making more than $ 250,000 annually have had to pay an additional 0.9% Medicare payroll tax on the amount they earn above these thresholds. ...

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Republican health care plan would repeal 'tanning tax'

Some winners and losers in GOP’s Obamacare replacement Tanning salons might not be feeling the heat from Obamacare much longer. The replacement health care plan proposed by Republicans would eliminate a 10% tax on indoor tanning services. The tax was introduced in 2010 as part of the Affordable Care Act. If the Republican plan becomes law, the tax will be phased out at the end of this year. The tanning provision was pitched in the original Obamacare legislation with two goals in mind. Supporters billed it as a way to ...

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