Construction Causing Headaches for Businesses
Construction Causing Headaches for Businesses
LAS VEGAS - A construction project near Lake Mead Boulevard and Pecos Road is creating headaches for drivers and nearby businesses. The project will improve the Las Vegas Valley Wash. Construction beganMore>>A construction project near Lake Mead Boulevard and Pecos Road is creating headaches for drivers and nearby businesses. The project will improve the Las Vegas Valley Wash.More>>
Neighborhood: Summerlin
Music with an Anti-Bullying Message
Music with an Anti-Bullying Message
Students at one southern Nevada school got a chance to hear some music and an anti-bullying message.More>>BREAKING NEWS: Former County Firefighter Sentenced to Probation
BREAKING NEWS: Former County Firefighter Sentenced to Probation
LAS VEGAS -- A Clark County firefighter who lost his job after he admitted to calling in false emergencies and stealing from his coworkers has been sentenced to five years of probation by a Clark CountyMore>>A Clark County firefighter who lost his job after he admitted to calling in false emergencies and stealing from his coworkers has been sentenced to five years of probation by a Clark County District Court judge Monday.More>>
State Website Helps Youth Prepare for Jobs
State Website Helps Youth Prepare for Jobs
LAS VEGAS -- The state of Nevada recently launched a website to help young people create cover letters, resumes and research careers. At Clark High School, Billy Wang is a gifted student in the school'sMore>>The state of Nevada recently launched a website to help young people create cover letters, resumes and research careers.More>>
Victims of Domestic Violence Remembered in Ceremony
Victims of Domestic Violence Remembered in Ceremony
LAS VEGAS -- During a ceremony Monday morning, the names of last year's victims of domestic violence were read aloud and added to a plaque. Seventeen people died as a result of domestic violence in ClarkMore>>During a ceremony Monday morning, the names of last year's victims of domestic violence were read aloud and added to a plaque.More>>
Two People in Critical Condition, Struck by Vehicle
Two People in Critical Condition, Struck by Vehicle
LAS VEGAS -- Three people have been transported to UMC in critical condition after they were struck by a vehicle Saturday morning. Metro officers say the accident happened shortly after 11:45 a.m. whenMore>>Two homeless people are in critical condition after a DUI crash on Veterans Memorial Drive.
More>>Nevada Rivalry Intensifies With Governor's Cup
Nevada Rivalry Intensifies With Governor's Cup
CARSON CITY, Nev. (AP) -- There's a new intensity to the rivalry between the Nevada Wolf Pack and the UNLV Rebels that extends beyond athletic prowess. To win the Governor's Cup, academics will also beMore>>There's a new intensity to the rivalry between the Nevada Wolf Pack and the UNLV Rebels that extends beyond athletic prowess.More>>
Apparent Swimmer's Itch Reported at Lake Mead
Apparent Swimmer's Itch Reported at Lake Mead
BOULDER CITY, Nev. (AP) -- Rangers said a higher than normal waterfowl population at Lake Mead's Boulder Beach may be to blame for the poison ivy-like rash some swimmers have reported over the weekend. AuthoritiesMore>>Rangers said a higher than normal waterfowl population at Lake Mead's Boulder Beach may be to blame for the poison ivy-like rash some swimmers have reported over the weekend.More>>
Neighborhood: Southwest
SLIDESHOW: New Park Opens at Tropicana and Decatur
SLIDESHOW: New Park Opens at Tropicana and Decatur
A new park opened in the southwest part of the Las Vegas valley Monday. Charlie Frias Park is on the northwest corner of Tropicana Avenue and Decatur Boulevard.More>>Apartment Fire Causes $150,000 in Damages
Apartment Fire Causes $150,000 in Damages
LAS VEGAS -- A Saturday morning apartment fire has left 14 people without a place to stay. Las Vegas Fire & Rescue responded to the fire at 8:22 a.m. Saturday at the Alpine Village Apartments near CharlestonMore>>A Saturday morning apartment fire has left 14 people without a place to stay.More>>
Claim: A new advertisement endorsed by Republican presidential nominee Mitt Romney that is airing on KLAS-TV Channel 8 states: "Who will raise taxes on the middle class? Barack Obama and the liberals already have. To pay for government-run health care you'll pay higher taxes and more for your medicine. And their plan includes a trillion dollars in higher taxes, even on the middle class."
Verdict: Partly true and partly misleading. The ad relies on a July 24 report from the politically neutral Congressional Budget Office that analyzed the financial impacts of the June 28 U.S. Supreme Court ruling that upheld the constitutionality of the Affordable Care Act (ACA) backed by President Barack Obama and fellow Democrats in Congress. The Supreme Court ruled that the law that requires most individuals to obtain health insurance or pay a penalty represents a legitimate example of the power of Congress to levy taxes. The CBO estimated that the insurance coverage portion of the law would result in a net cost of more than $1.1 trillion from this year through 2022.
What the ad fails to mention, though, is the CBO's conclusion that these costs "do not encompass all of the budgetary impacts of the ACA because that legislation has many other provisions, including some that will cause significant reductions in Medicare spending and others that will generate added tax revenues, relative to what would have occurred under prior law." More specifically, the CBO estimated that repealing the health insurance law would increase federal budget deficits by $109 billion through 2022. The CBO stated: "Repealing the coverage provisions discussed in this report would save $1,171 billion over that period, but repealing the rest of the act would increase direct spending and reduce revenues by a total of $1,280 billion."
Source: http://www.8newsnow.com/story/19765272/fact-check-romney-ad-goes-after-obamas-health-insurance-law
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