A group of conservative lawmakers gathered Wednesday to criticize the Obamacare replacement plan offered by House Republican leadership, a bill one of them, Sen. Rand Paul, dubbed “Obamacare lite.” “Stand firm,” Paul said. “Bring down the Paul Ryan plan.” Paul was referring to House Speaker Paul Ryan’s championship of the American Health Care Act … Continue reading Conservative Lawmakers Join Rally Against GOP Health Care Plan
Category: Washington
A new Congressional Budget Office report projecting the effects of the House Republican leadership’s American Health Care Act weakens the case for the bill’s ObamaCare-lite approach, and strengthens the case for full repeal. The CBO projects that over the next two years, the AHCA would cause average premiums to rise 15 percent to 20 percent above ObamaCare’s … Continue reading CBO Takeaway: Full Repeal Would Insure More People than ObamaCare-Lite
Senator Rand Paul has introduced an alternative bill to what he calls, “Obamacare Lite,” a.k.a. the American Health Care Act, introduced by House Speaker Paul Ryan. Paul’s criticism of Ryan’s bill was mild compared to Rep. Thomas Massie’s. Massie called Ryan’s bill a “stinking pile of garbage.” While Paul’s plan is more free-market oriented than Ryan’s, no plan … Continue reading Medical Entitlements Make Care Expensive
The monetary matadors at the Federal Reserve have stared into the eyes of mild price inflation for years. They didn’t move a muscle for years and have finally twitched ever so slightly, a couple times in the last few months, with a promise of more. It is the view of Fed Chair Janet Yellen that … Continue reading Garbage In, Garbage Out at the Federal Reserve
From the White House: "The federal government is projected to spend $4.091 trillion next year, with roughly two-thirds of that going mostly toward Social Security, Medicare, Medicaid, poverty assistance and interest payments on the government debt. This spending is expected to be left untouched in the budget proposal next week." You can't reduce the size, … Continue reading You think Trump is making massive reductions to federal spending? Bless your heart.
WASHINGTON (Reuters) - The chairman of the U.S. House of Representatives intelligence committee said on Tuesday he had seen no evidence to support President Donald Trump's allegation he was wiretapped by then-President Barack Obama during the 2016 presidential campaign. Republican Representative Devin Nunes said if Trump's assertion were true, the leaders of Congress and chairmen … Continue reading GOP House intelligence chief has seen no evidence to back Trump wiretap charge
WASHINGTON (Reuters) - White House economic adviser Gary Cohn said on Sunday that the Federal Reserve "has been doing a good job" and the Trump administration respects its independence, even if the U.S. central bank raises interest rates this week. Cohn, director of the National Economic Council, told Fox News Sunday that the Trump administration … Continue reading Trump economic adviser: Fed doing ‘good job,’ respects independence
WASHINGTON (Reuters) - The White House said on Friday that President Donald Trump did not know until this week that his former national security adviser, Michael Flynn, had been working as a representative for Turkey, although the issue was raised with the Trump team before the Republican took office. Flynn acted as a foreign agent … Continue reading White House says Trump did not know Flynn was representing Turkey
As President Donald Trump is preparing his first budget submission to the Congress, he should consider making Social Security reform a priority. The future of the Old-Age and Survivors Insurance and disability programs, and their impact on American families, the federal budget, and the economy, are issues too big to ignore. Social Security reform is … Continue reading Trump’s Unique Opportunity to Reform Social Security
“For five years, Senate Democrats have blocked our efforts to repeal Obamacare,” House Speaker Paul Ryan said on Jan. 6, 2016. “That ends today.” “With this vote, we are keeping a promise and putting a bill that repeals Obamacare and defunds Planned Parenthood on the president’s desk,” Ryan continued. “This budget reconciliation bill, which would … Continue reading Senator: We Must Keep Our Promise to Fully Repeal Obamacare