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Jefferson County Commission passed an act requiring all Licensable Entities to complete a new application to comply with Ordinance 1791. The new format and changes can be confusing. Do you need assistance? 

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 Healthcare reform has dominated politics over the past year, and now we have a decent idea of what the final law will include, who will pay, and how. Read the full article to see how it will affect individual and employers and how this new program will be funded.

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Congress has passed legislation that expands the timeframe and scope of the homebuyer credit; the President’s signature is a foregone conclusion. As you probably know, the first-time homebuyer credit was set to expire November 30^th. Under this program, a first-time homebuyer would be eligible for a refundable tax credit of up to $8,000 on his or her income tax return providing the purchase took place by the program expiration date.

Under the new program, the credit for first-time homebuyers is extended to include purchases made by April 30, 2010. Providing a contract is executed by that date, the closing of the purchase must take place by June 30, 2010 in order to qualify.

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Over the last several months, I've done a substantial amount of reading to try and understand the proposed health care reform legislation. I’ve also learned much more about our current system and proposals to make health care more affordable, efficient and accessible. 

I’ll try and stay away from political commentary and avoid quoting passages from the 1,100 pages or so of proposed legislation. There are a lot of information and statistics floating around. As Mark Twain said, “There are two kinds of lies, damn lies and statistics”. Based on my reading here are three of the most interesting common sense concepts I’ve encountered:

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The debate over healthcare reform has created the first major policy bump in the road for the Obama administration. While it seems unlikely at this point that we will see the sweeping reform that the President initially envisioned, it seems equally unlikely that we will emerge from this debate with no change on the healthcare horizon. So what does this mean for the American taxpayer?

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In order to generate more demand for new automobiles, Congress passed legislation creating the Car Allowance Rebate System, better known as the Cash for Clunkers program. Congress initially funded the program with $1 billion and, due to better than expected demand, followed that investment with another $2 billion. The program will end on Monday, August 24^th at 8 p.m.

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