After the tax filing deadline (April 15th), Walt Thiessen and Bill Westmiller review news on tax policy, discuss legal challenges to non-profit rules, and new taxes built into ObamaCare.
Regulatory policy and procedures get some intense scrutiny, with a new record high of bureaucratic rules being issued in 2013. Bill and Walt discuss the fact that most laws (rules) are issued by bureaucrats, who have been delegated vague responsibilities by Congress, resulting in 79 thousand pages of new regulations (laws) each year.
White House talking points on the Affordable Care Act get scrutiny from the co-hosts, who review some of the provisions and likely consequences of the program. Bill dives into the numbers to explain why medical insurance rates will take a big hike in August, even though the government will be saving money by cutting reimbursements to physicians and hospitals.