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Thursday, February 2, 2023
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Obamacare Subsidies and Unemployment Payouts Give Beneficiaries Over $100,000 in Blue States

'The U.S. is ‘missing’ more than three million workers of working age that could be working and were working prior to Covid but are not today...'

(Molly Bruns, Headline USA) A recently released study found that Affordable Care Act (ACA) subsidies combined with unemployment benefits can result in close to an annual six figure payout.

According to the Post Millennial, the study—conducted by the Committee to Unleash Prosperity—found that a family of four where two members are not working amounts to at least $80,000 per year in wages and benefits in 14 different states.

In MAssachusetts, New Jersey and Washington, the benefits added up to over $100,000.

“A key policy question these days that has befuddled federal lawmakers is why so many millions of Americans have not returned to the workplace in the post-Covid era,” said Professor of economics at the University of Chicago, Casey Mulligan, and Heritage Foundation research fellow EJ Antoni wrote.

“The U.S. is ‘missing’ more than three million workers of working age that could be working and were working prior to Covid but are not today,” they added.

Lawmakers are still wondering why so many Americans have not returned to work since the COVID pandemic lockdowns.

“The U.S. is ‘missing’ more than three million workers of working age that could be working and were working prior to COVID but are not today,” the authors said.

Through the Inflation Reduction Act, President Joe Biden and the Democrats extended financial benefits from the American Rescue Plan until 2025.

“The expansion of assistance, especially in subsidized health insurance to families with children and no parents working, can mean that families can earn as much or more income from receiving government assistance than the median household does from working,” the authors explained.

The Biden administration was recently caught inflating job growth for the second quarter of 2022, increasing the added jobs for the quarter by 11,000%.

The U.S. labor force participation rate is still lower than it was at the beginning of the COVID pandemic in March 2020.

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