The subsidy rate will be set at $247,122 per season.
Paul at the annual subsidy rate of $1,065,639.
Over the last 15 years, the credit's subsidy rates have increased and the definition of eligibility has broadened.
Rent Rebate is normally paid at a subsidy rate of 100%.
These schemes are driven by excess money that would substantially dry up if Congress cut the subsidy rate.
Beyond that, however, Congress needs to get out of the business of artificially setting the subsidy rate, as it does now.
This proposal changes premiums and subsidy rates that were established earlier.
Paul, at the combined annual subsidy rate of $21,113,865.
I am not ruling out a much more favourable subsidy rate for this type of operation.
The annual subsidy rate will be set at $696,788.