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Monday, March 27, 2017 9:15:46 PM
-In 2012,they amended the SPSPA to go from a fixed dividend to a variable, meaning they could take whatever profits from fannie and freddie they wanted.
-The Premium Tax Credit Sibsidy System was established just a few months prior in the same year.
-The law states that as the insurance companies raise their premium prices, the government would match the increases so that consumers would not feel the pain. This connects to the changing of the fixed dividend to the variable. Otherwise how else would the government match the increases without a backlash, either from congress or the american taxpayers?
-Research shows that the funding for the Premium Tax Credits came from the Treasury Department. Not from Congress.
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