Posts Tagged
‘Obamacare’

In what may be a critical flip for the passage of the Republican healthcare bill – not to mention boosting Trump’s image as dealmaker – moments ago Republican reps. Fred Upton and Billy Long both said Wednesday they will support the GOP’s ObamaCare repeal-and-replace bill with the addition of a new amendment Upton drafted. Until […]

With Congress poised this week to approve a deal to fund the government through September, the first major bipartisan legislation of Trump’s presidency, after lengthy negotiations (which have appeared to signal numerous ‘folds’ by President Trump), apparently frustrated by the lack of tryannical powers that a simple majority grants him, President Trump has lashed out […]

While one can debate if last week’s failed attempt by Trump to pass the GOP healthcare vote before the expiration of his 100 days in office counts as attempt #2 by the administration to repeal Obamacare, the Republicans are now back to square one, because based on the latest whip count by The Hill, the […]

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, […]

As discussed earlier, it was an abysmal quarter for the US, pressured by what is traditionally the strongest segment of the economy, responsible for 70% of GDP growth: US consumer spending. At 0.23% annualized, this was the worst print going back to 2009. But that doesn’t mean that Americans stopped spending completely, quite the contrary. […]

The US House of Representatives passed a one week stopgap spending bill to keep the government funded through next Friday, as lawmakers continue work to finish legislation that extends funding through the rest of the fiscal year. Next, the bill will go to the Senate, which is also expected to clear the vote later today, […]

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 […]

Having been unable to stage any kind of recovery from yesterday’s Trump Tax Plan disappointment, comments from Vladimir Putin that “the situation in Korea is deteriorating” urging all sides to “avoid belligerent rhetoric” along with remarks by Chuck Schumer over the short-term spending bill (to avoid government shutdown), has sparked a leg lower in US […]

The Democrats want to shut government if we don't bail out Puerto Rico and give billions to their insurance companies for OCare failure. NO! — Donald J. Trump (@realDonaldTrump) April 27, 2017 After President Trump flipped on two major campaign promises yesterday, funding for the border wall and obamacare subsidies, many believed that a government […]

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