Dedicated Insurance Professionals you know and trust...like Family
Issue No. 5March 27, 2012
Healthcare Reform
...affecting you

Greetings!

 

 

President Obama's signature domestic achievement is about to face the ultimate test.

 

The Supreme Court, yesterday, began an epic, three-day session to hear opposing arguments over President Obama's overhaul of the health-care system. With six hours of debate scheduled, it's the high court's longest round of oral arguments in 45 years. You have to reach back to the administration of President Franklin D. Roosevelt to find the last time that the court ruled "on a president's signature legislative victory in the midst of a re-election campaign," says Seth Stern at Bloomberg Businessweek. Here is a guide to the blockbuster case: 

 

 
 

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TACT - Dedicated Insurance Professionals you know and trust...like Family.

 

 

Sincerely,

 

Stoney Jackson
Executive Director
Texas Ag Co-op Trust
Healthcare News -
Supreme Court Challenge
on Healthcare Begins

SCOTUS Healthcare Reform Law Case Expected To Create Media "Frenzy."
 

The Hill (3/21, Baker) reports in its "Healthwatch" blog, "The frenzy generated by the Supreme Court's arguments on the healthcare reform law next week is likely to dwarf anything the court has ever seen," and "many legal experts say the ruling on the healthcare law could be one of the most consequential in the court's history."

 

Drexel University law professor Lisa McElroy remarked, "This is just unprecedented. The only thing that even compares is maybe Bush v. Gore. This is going to be on a scale we've never seen before." 
 

 

Reuters (3/21, Subscription Publication) reports on the various options available depending on how the Supreme Court rules. Larry Levitt of the Kaiser Family Foundation remarked, "All of them would require some sort of congressional action. Congress could end up stalemating, and you could find yourself in a situation where there's no consensus about how to move forward."
 

USA Today (3/21) reports, "Both sides in the Supreme Court battle over the Patient Protection and Affordable Care Act rely on legal precedents to make their case that the requirement to buy insurance is or is not legal under the Constitution's Commerce Clause."

 

The piece describes the four cases most frequently cited: Wickard v. Filburn, 1942; United States v. Lopez, 1995; United States v. Morrison, 2000; and Gonzales v. Raich, 2005. Roll Call (3/21, Strong, Subscription Publication) and Medscape (3/21, Lowes) also report on the reform law case.


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...legislative agriculture news
 
House Plan Would Slash Crop, Insurance Subsidies

WASHINGTON, March 20 (Reuters) - U.S. farm and crop insurance subsidies would be cut by $30 billion over 10 years under a proposal made by the House of Representatives Budget Committee chairman,

far larger reductions than agricultural-state lawmakers suggested.

  

Budget chairman Paul Ryan called for reductions in the $5-billion-a-year "direct payment" subsidy and reforms to control the soaring cost of federally subsidized crop insurance, the largest part of the farm safety net.

 

"These reforms will save taxpayers roughly $30 billion over the next decade," Ryan wrote in a budget blueprint for the federal government. The cuts equal 19 percent of projected spending in the two areas through fiscal 2022.

 

If the House agrees with Ryan, the Agriculture Committee will be required to write a farm bill that meets the goal of $30 billion in cuts. Earlier this month, its leaders said $23 billion would be appropriate. The Senate Agriculture Committee is expected to use $23 billion as its target.

 

Ryan's plan would reduce "the fixed payments that go to farmers irrespective of price levels" and "reform the open-ended nature of the government's support for crop insurance so that agricultural producers assume the same kind of responsibility for managing risk that other businesses do". Continue reading here.

(Reporting by Charles Abbott; Editing by Dale Hudson)


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To Your Health...
Politics Will Influence
Supreme Court's Healthcare Ruling

Courtesy Wall Street Journal 3-15-12

By Sam Favate

Everyone's gearing up for the upcoming debate on the health-care law before the Supreme Court at the end of March. Turns out, not a lot of people have faith the case will be decided on its merits.

 

Three-quarters of Americans say the Supreme Court will be influenced by politics when it rules on the constitutionality of the 2010 Affordable Care Act, according to a Bloomberg National Poll. Methodology and poll questions can be seen here.

 

Breaking down the results by political party, more Republicans than Democrats believe the court will be guided by politics, by 74% to 67%. Eighty percent of independents say the court won't base its decision on just legal merits. The poll also noted that among Tea Party supporters, 81% said politics will play a role in the decision, the highest percentage of any subgroup. In the nine-month term that began October 2010, the justices divided along party lines in a dozen cases, Bloomberg noted.

 

In a preview of the case, the American Bar Association recently polled academics, journalists and lawyers who follow the court, and found that 85% said the act would be upheld, due to a belief the court would find the insurance coverage mandate to be constitutional. Most of those polled also said that if the court were to strike down the individual mandate, they'd likely leave the rest of the law intact.

 

The most recent ex-justice, John Paul Stevens, who retired from the court in 2010, said earlier this year that the Supreme Court has "a wonderful record of trying to decide things on the merits rather than on the basis of our own particular views." Stevens also said controversial decisions like Bush v. Gore - which he called "a mistake" - "had an adverse impact on the public's regard for the independence of the court."

 

Stoney's 90-Day Challenge
 
Week seven of Stoney's 90 day challenge was March 13 and he was out of town having the absolute time of his life.  On Wednesday March 14th, he weighed in at 234.8 pounds, a gain of 3.8 pounds.  He spent four days in Corpus Christi overeating seafood and entertaining a very special person in his life, he also did not drink any shakes while he was out of town for those four days. He reminds us that the scales are not our friend.
 
Even though he did gain a few pounds, his dress trousers did fit better this week which means he has continued to lose inches. He also is HAPPY to report that he got engaged earlier this month to an amazing and wondeful lady and he is anxious for everybody to have a chance to meet her and get to know her. Call the TACT office and visit with Stoney about his Challenge or about the new, amazing lady in his life.
 
Week eight was marked on March 20. He reports that he weighed in at 229.8 pounds!! This is a 22.2 pound loss over an 8 week period.
 
If you are looking to get in better shape and be healthy, please give the TACT office a call! This can be done by anybody and can transform any body! Call Stoney or find out more of what he is doing here.. Stoney would love to visit with you!

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Healthful Hints:
 

It's time to change the way you think about fat. For 30 years

well-meaning diet gurus have preached that eating fat makes you fat. I'm here to tell you that fat, in and of itself, is not what is making you fat. Instead, it's eating too much of the wrong kinds of fat.

Is it fat that is making you fat? To find out, click here.


In This Issue
Healthcare Updates
Agriculture News
To Your Health
Stoney's 90-Day Challenge
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Contact Us
Texas Ag Coop Trust
1802 East 50th St., Ste. 107
Lubbock, TX 79404
806-747-7894

 
Texas Ag Coop Trust
Officers, Board of Trustees
 
George Reed, Chairman
United Farm Industries
Plainview, TX

Gregg Allen, Secretary
Olton Grain Coop
Olton, TX

Jim Turner
Dalhart Consumers Fuel Association
Dalhart, TX

Paul Wilson
United Cotton Growers
Levelland, TX

Cary Eubanks
Slaton Coop Gin
Slaton, TX

Dean Sasser
Farmers Coop Elevator
Levelland, TX

Bret Brown
Sunray Coop
Sunray, TX


 

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TACT - Dedicated Insurance Professionals
 you know and trust...like Family. Welcome!
 

Sincerely,

 

Stoney Jackson
Executive Director
Texas Ag Co-op Trust
Next Issue: April 10, 2012
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