Students at Yale University and several other schools that are self-insured will qualify for subsidies under the federal health law after all.
Credit Christopher Capozziello / Getty Images
Beginning in 2014, most people, including students, will have to have health insurance, whether or not they are claimed as a dependent on their parents' tax returns.
The federal health law says if they don't, they or their parents will face penalties.
While expansion of coverage under the health law has helped about 3 million young people get insurance through their parents' plans, many remain uninsured or have coverage through student health plans.
OK, Scott just made clear economic issues have some competition for top billing at the G 8 Summit in Northern Ireland. We do, though, want to drill down into one economic question this morning, and that's why interest rates here at home are going up. The bond market has pushed them to the highest levels in 15 months, and that includes mortgage rates.
Let's turn, as we often do, to David Wessel. He's economics editor of The Wall Street Journal. David, good morning.
Already under fire for how some personnel gave extra scrutiny to conservative groups' applications for tax-exempt status, the Internal Revenue Service is also dealing with an inspector general's criticism of the $4.1 million spent on a conference in 2010.
Posted here, the Treasury Department audit concludes that:
Saying it was the world's largest international money laundering prosecution in history, authorities announced charges against the operators of Liberty Reserve, an online currency exchange that prosecutors say enabled more than a million people worldwide to launder about $6 billion.