Samantha Young

Newsom Proposes Penalty To Fund Health Insurance Subsidies

Gov. Gavin Newsom wants to help an estimated 850,000 Californians pay their health insurance premiums and would fund his plan with a tax penalty on people who don’t have coverage. If he succeeds, California would be the first state to subsidize middle-income people who make too much to qualify for federal financial aid.

States Push For Caregiver Tax Credits

Families often spend thousands of dollars caring for ailing loved ones at home. Lawmakers in California and at least seven other states want to provide some financial relief with state income tax credits.