Stimulus would only rescue wealthy people and insurance companies

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The Sen­ate is expect­ed to vote Fri­day on the $1.9 tril­lion coro­n­avirus relief bill cham­pi­oned by Pres­i­dent Biden. Dubbed the “Amer­i­can Res­cue Plan,” it would focus on res­cu­ing the wealthy and insur­ance com­pa­nies — cour­tesy of ordi­nary taxpayers.
The bill would extend sub­si­dies through Oba­macare’s insur­ance exchanges to any­one who wants them — and make sub­si­dies more gen­er­ous for peo­ple who already receive them. No one would have to pay more than 8.5% of income toward their pre­mi­ums. At …

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