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Category Archives: Obamacare

Will Trump’s Tax Plan Pass: Here Is The Complete Probability Matrix

With global equity markets enjoying the biggest weekly inflow since the election on what BofA described was rising expectations of a Trump tax deal, the obvious question is “what is the probability of the Trump tax deal getting done.” And, as it turns out, that is also the wrong question, because as Morgan Stanley shows, […]

The Democrats Won This Round, And It Wasn’t Even Close…

We have just witnessed one of the greatest routs in modern American political history.  We are still waiting to see if a spending agreement can be reached so that a government shutdown at midnight on Friday can be averted, but whether a shutdown actually happens or not, the Democrats have won this round by a […]

UN To Trump: Obamacare Repeal Would Violate “International Law”; Would Also Be Racist

A confidential memo from the United Nations, sent shortly after Trump moved into the White House, made an “urgent appeal” to the Trump administration that a repeal of Obamacare could violate international law.  Oh yeah, and it would also be racist as well.  Unfortunately, this is not hyperbole.  The letter was written by Dainius Puras […]

Democrats Take Government Hostage: Threaten To Shut It Down If GOP Repeals Obamacare

Once again Republicans have managed to box themselves in. Just as the GOP has reportedly found enough votes among conservative Republicans to pass the latest iteration of the proposed Healthcare bill, with Freedom Caucus Mark Meadows saying “republicans will have the votes to pass” Obamacare repeal, Democrats realized that they once again have the leverage […]

Trump Tweet: “Democrats Want To Shut Government” Over “OCare Failure” and Puerto Rico

After President Trump flipped on two major campaign promises yesterday, funding for the border wall and obamacare subsidies, many believed that a government shutdown crisis had been averted. But, that is only because most of the mainstream media doesn’t understand, or is simply unwilling to admit, that Democrats aren’t looking for a ‘deal’ on a […]

Stocks Dazed After Trump NAFTA Flop, Tax Plan Disappointment; ECB Looms

European shares are lower, pressured by disappointing results by Deutsche Bank and ending a six-session gain, as Asian equities and S&P futures were little changed after a record-setting rally in world stocks which pushed the MSCI World index to over $50 trillion yesterday, fizzled after Trump released unconvincing tax cut plans prompting traders to “sell […]

Mnuchin/Cohn Unveil Trump’s “Biggest Tax Cut Ever” Tax Reform Plan – Live Feed

Having promised "the biggest tax cut in history," and seemingly desperate for a win (given his folding on the funding of the wall), one wonders why President Trump has delegated the announcement of his Tax Reform plan to Treasury Secretaty Steven Mnuchin and Chief Economic Advisor Gary Cohn. Reduction, repatriation, simplification, and de-itemization appear to […]

Freedom Caucus Confirms Support For Revised Obamacare Replacement Bill

Moments ago the House Freedom Caucus announced their support for a revised version of an Obamacare replacement bill that includes the so-called “MacArthur Amendment.”  Here is the official statement from Freedom Caucus Chair Mark Meadows: “Over the past couple of months, House conservatives have worked tirelessly to improve the American Health Care Act (AHCA) to […]

Recapping President Trump’s Recent Tweets

ObamaCare is in serious trouble. The Dems need big money to keep it going – otherwise it dies far sooner than anyone would have thought. — Donald J. Trump (@realDonaldTrump) April 23, 2017 ibankcoin.com / Dr. Fly / Apr 24, 2017 Enter the bizarro land of Trump, the Twitter edition. After learning that we’re on to them, […]

Trump Warns Democrats “Obamacare Will Die Soon Without ‘Big Money'”

Amid tensions over debt ceiling discussions and government shutdown concerns, Republicans continue to face the fact that passing an Obamacare 'alternative' remains highly unlikely. Source: Townhall.com But it appears the GOP has a cunning plan to cross that chasm. President Trump said early Sunday that ObamaCare will die "far sooner than anyone" thought if it […]