Category Archives: Omnibus legislation
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 […]
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 […]
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.
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 […]