Feb 17, 2017

One big hangup with Obamacare replacement: tax credits

Zach Gibson/AP

Bloomberg's Sahil Kapur and Billy House have a smart piece about one reason conservative House Republicans think the emerging Obamacare replacement plan is "Obamacare Lite": They don't like the tax credits. The House GOP plan would create "refundable" tax credits to help people buy health insurance, meaning low-income people could get the money even if they didn't owe taxes. That's what the conservatives don't like — they say it could just become another entitlement. "I don't want people getting money back," Rep. Ted Yoho told Bloomberg.

Why it matters: This is all part of Republicans' reckoning with the reality of health care reform: There are different ways to replace Obamacare and still cover uninsured people, but not an infinite number of ways. If the conservative members reject all of them, the GOP could end up with no replacement at all — and then they can't guarantee a smooth transition away from Obamacare.

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Updated 20 mins ago - Politics & Policy

The aftermath of George Floyd's death: Everything you need to know

A mural outside Cup Foods in Minneapolis, near where George Floyd was killed in an encouner with police. Photo: Steel Brooks/Anadolu Agency via Getty Images

Former Minneapolis police officer Derek Chauvin is in jail under $500,000 bail on charges of third-degree murder and manslaughter after a video of him kneeling on George Floyd's neck for more than eight minutes and Floyd's death catapulted the country's major cities into a state of protest.

The big picture: Floyd's fatal run-in with police is the latest reminder of the disparities between black and white communities in the U.S. and comes as African Americans grapple with higher death rates from the coronavirus and higher unemployment from trying to stem its spread.

Updated 22 mins ago - Science

Live updates: SpaceX attempts to launch NASA astronauts Saturday

SpaceX's Falcon 9 rocket on the launch pad. Photo: NASA/Joel Kowsky

At 3:22 p.m. ET today, SpaceX is expected to launch NASA astronauts Bob Behnken and Doug Hurley to the International Space Station for the first time.

Why it matters: The liftoff — should it go off without a hitch — will be the first time a private company has launched people to orbit. It will also bring crewed launches back to the U.S. for the first time in nine years, since the end of the space shuttle program.

Follow along below for live updates throughout the day...

Updated 1 hour ago - Politics & Policy

In photos: Protesters clash with police nationwide over George Floyd

Police officers grapple with protesters in Atlanta. Photo: Elijah Nouvelage/Getty Images

Police used tear gas, rubber bullets and pepper spray as the protests sparked by the killing of George Floyd spread nationwide on Friday evening.

The big picture: Police responded in force in cities ranging from Atlanta to Des Moines, Houston to Detroit, Milwaukee to Washington, D.C. and Denver to Louisville. In Los Angeles, police declared a stretch of downtown off limits, with Oakland issuing a similar warning.