Sep
08
Economy Got You Down?
Well, the DOW is up 393 points so things are looking up. Even if the economy is down, there’s so much to be happy about. There’s been legislation that’s gone through these past couple of weeks that have been huge, but pale in comparison to the media onslaught of the economy.
Physician Payments Sunshine Act:
To me this is one of the greatest pieces of legislation to ever be introduced in healthcare. The bill was introduced in March, and so far there hasn’t been word of it. Here’s a summary of the PPSA, “H.R. 5605 would amend title XI of the Social Security Act to provide for transparency in the relationship between physicians and manufacturers of drugs, devices, or medical supplies for which payment is made under Medicare, Medicaid, or SCHIP.”
Solar Tax Credit Is Renewed:
For those who are trying to implement solar power into your homes, this is great news.
The Senate has proven atleast once that it can get over itself to pass useful litigation. It’s staggering to see how many bills or proposals are axed because of disagreement on the Senate floor. With so many interest groups, pushing and pulling different senators, it’s amazing that anything is able to get passed.
The solar tax credit was expiring at the end of they year, and for awhile it was looking like it wasn’t going to be renewed. The old tax credit gave residential solar users a cap of $2,000 for tax breaks; while commercial endeavours saw no cap but were compensated back for a percentage of their expenses. With the new tax credit, residential projects no longer have a cap.
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