Silver as an investment

Category Archives: Omnibus legislation

Trump To Scrap Crucial Obamacare Insurer Subsidy

Update: Late Thursday, the administration said it would immediately stop paying what are known as cost-sharing reduction subsidies. The payments go to health insurers in the Affordable Care Act to help lower-income people with co-pays and other cost sharing. Without them, insurers have said they’ll dramatically raise premiums or pull out of the law’s state-based […]

House GOP Unveils 2018 Budget: Here Are The Highlights

On Tuesday morning, House Republicans released a fiscal 2018 budget plan that will pose the next major political test for President Donald Trump’s legislative agenda by combining tax reform with controversial spending cuts. While unlikely, the spending plan, which covers the fiscal year beginning Oct. 1, aims to move the government from a $472 billion […]

Senate Republicans Reveal New “Obamacare-Lite” Healthcare Bill

In what could very well end up being just another exercise in futility, Senate Majority Leader Mitch McConnell has just released a new version of a healthcare plan which, among other things, incorporates demands from Senator Ted Cruz (R-TX) and Senator Mike Lee (R-UT) to allow insurers to sell low-cost, skimpier plans all in an […]

Obamacare Implosion: Last Major Healthcare Provider Pulls Out Of Iowa Leaving No Options In 2018

For the past several months we’ve observed in complete amazement as Democrats have repeatedly hailed the ‘great accomplishments’ of Obamacare while the system was literally, and quite tangibly, collapsing in epic fashion all around them.  The ability to blindly and shamelessly support a partisan cause irrestpective of overwhelming facts proving the ineffectiveness of that cause […]

2 Charts Show How Close The U.S. Is To Healthcare Collapse

Submitted by Patrick Watson of Mauldin Economics The first step to solving a problem is admitting you have one. Some of us are in denial, so here’s a hard fact: We Americans spend far more money on health care than any other developed nation, but we’re no healthier. We’re even less healthy overall. The chart below shows […]

Dow Drop Erases Post-Healthcare Debacle Gains

US equities have erased all the gains since the pulled-Obamacare-repeal vote as VIX pushes well above 13…     It appears reality is setting in that perhaps a fractured GOP is not the best environment for a tax reform package that is more than priced in.

This Is The Nightmare Scenario For The GOP: A $2 Trillion Funding “Hole”

When one strips away the partisan rhetoric and posturing, the practical impact of Friday’s GOP failure to repeal Obamacare has a specific monetary impact: approximately $1 trillion. Since the ObamaCare repeal bill would have eliminated most of the 2010 health law’s taxes, this would have lowered by a similar amount the revenue baseline for tax […]

Obama Heads To The Hill To Strategize With Dems On Fighting Obamacare Repeal

Yesterday we noted that Republicans are considering a piecemeal repeal of Obamacare even though they have no viable alternative that has been fully vetted and stands ready to replace the failed legislation (see “Republicans Consider Obamacare Repeal Without A Replacement Strategy“).  And while King Obama is happy to leave a path of destruction on his […]