Congress

Effect of Trump's Obamacare subsidy cuts is blunted In California - for now

6 monthes ago   |   By

Unable to get Congress to “repeal and replace” the Affordable Care Act, President Trump this week took matters into his own hands. Late Thursday evening, the White House announced it would stop paying key subsidies, known as “cost-sharing reductions,” that compensate insurers for providing discounts...
Read more ...

 

The Obtuse Saboteur

6 monthes ago   |   By

On Thursday night, President Donald Trump unveiled his latest attack on the Affordable Care Act: His administration will stop paying cost-sharing reductions to insurers, depriving them of about $9 billion each year. According to the Congressional Budget Office , Trump's executive order will further roil insurance markets, increase premiums, drive up government spending, and deprive as many as 1 million people of health insurance. It's worth noting, though, that this move is extremely vulnerable to legal challenges, as well as lawful workarounds that should eventually deliver the payments...
Read more ...

 

Insurance Companies Say Premiums May Increase After Government Subsidies Stop

6 monthes ago   |   By

President Trump says the administration will no longer pay key Affordable Care Act subsidies. The result could be some consumers pay more for insurance coverage and the cost to the government rises.
Read more ...

 


Search by Tags

   Congress      Market      Health      Donald Trump  


Arizona Teachers Vote To Strike, Sparking First-ever Statewide Walkout

Arizona Teachers Vote To Strike, Sparking First-ever Statewide Walkout

The governor's plan to raise teachers' salaries by 20 percent is meeting with resistance from critics who say it is unrealistic. Read more ...

Minnesota Woman Suspected of Killing Her Husband and Another Woman Has Been...

Minnesota Woman Suspected of Killing Her Husband and Another Woman Has Been Captured in Texas

A Minnesota woman suspected of killing her husband and then a woman in southwest Florida was captured Thursday night at a South Texas resort. A U.S. Marshals Service statement... Read more ...

COMEY MEMO: Trump said Putin boasted that Russia had 'some of the most...

COMEY MEMO: Trump said Putin boasted that Russia had 'some of the most beautiful hookers in the world'

President Donald Trump "brought up the 'Golden Showers thing'" during a conversation he had with former FBI director James Comey, according to a leaked copy of Comey's memos... Read more ...

Joel Embiid's loud, dominant return is just what 76ers, NBA playoffs needed

Joel Embiid's loud, dominant return is just what 76ers, NBA playoffs needed

76ers star Joel Embiid finished with 23 points, seven rebounds, four assists and three blocked shots in a 128-108 win over the Heat, reminding everyone how good he can be. Read more ...

Texas man charged with trying to have 4 people killed

Texas man charged with trying to have 4 people killed

A 54-year-old man with no criminal record in Texas is now charged with trying to have four people killed, allegedly all because his ex-girlfriend rejected him. Read more ...

Rudy Giuliani to join Trump legal team in Russia probe

Rudy Giuliani to join Trump legal team in Russia probe

Former New York City Mayor Rudy Giuliani is joining the legal team defending President Donald Trump in the special counsel's Russia investigation, a Trump attorney said Thursday. Read more ...

Florida authorities offer condolences to neighboring county after 2 deputies...

Florida authorities offer condolences to neighboring county after 2 deputies fatally wounded

Officials confirmed the deputies died as a result of gunshot wounds but the details surrounding the incident haven't been made readily available. Read more ...

Chiefs 2018 season schedule released

Chiefs 2018 season schedule released

Chiefs will play the Los Angeles Rams in Mexico City in November Read more ...

Durham police arrest man charged in knife-point robbery of taxi driver

Durham police arrest man charged in knife-point robbery of taxi driver

Durham police have arrested a man Thursday who is charged in connection with the knife-point robbery of a taxi driver last week. Read more ...

Babies are finally now allowed on the Senate floor

Babies are finally now allowed on the Senate floor

Thanks to Sen. Tammy Duckworth, who had her baby just last week. Read more ...