The Census bureau said on Tuesday that the median US household income was $63,179 in 2018, up from the $62,626 registered in Y 2017. The data reflect a year in which U economic growth was boosted by Trump’s tax overhaul and a rise in government spending. The unemployment rate fell to 3.9% by the end of Y […]
The Continuing Shredding of Barack Obamacare Saturday, The Trump Administration said that it as suspended $10.4-B in payments expected by ACA, aka Barack Obamacare insurers, citing a federal judge’s ruling in a lawsuit over a program’s formula guidelines. “We were disappointed by the court’s recent ruling,” the Administrator for the Centers for Medicare and Medicaid […]
GOP Tax Bill Shreds Barack Obamacare President Donald Trump declared victory for repealing Barack Obamacare in the Republican tax bill that was cleared the US Senate Wednesday. The bill eliminates a tax penalty for Americans who don’t carry health insurance, a pillar of the Affordable Care Act (ACA). Insurers warned that eliminating the requirement will […]
President Trump, “We will repeal Obamacare” The early enrollment for Obamacare has seen 2.3-M people sign up for ACA healthcare coverage through the first 18 days of the exchanges, a surprisinglow total for experts even if it might be due to urgency of a tighter deadline Experts continue expect lower total enrollment as consumers see the […]
Barack Obamacare is Headed for the Oval Office Shredder President Donald Trump is the 1st Pro-Life American President in decades Tuesday, President Donald Trump said he will use the “Power of the Pen” to give “great Healthcare to many people — FAST” because Congress has failed to repeal and replace Barack Obamacare. In his message, […]
Obama Funded Opposition to Trump with Taxpayers’ Money $BAC, $C, $JPM One of the most outrageous abuses of the Obama Presidency was a scheme by which fines for corporate misbehavior by the biggest Wall Street banks were channeled into the hands of radical leftist groups that are now vehemently opposing the policies of President Trump. […]
Hussein Obama ‘Aggravated’ as Legacy Shreds Before His Eyes Former US President Barack Hussein Obama said at an event in New York Wednesday it is “aggravating” to see lawmakers moving to unravel his one piece of legacy legislation; Barack Obamacare, aka the Affordable Care Act (ACA) “Those of you who live in countries that already […]
WH Very Close on Healthcare Reform and Will “Get it Done” Monday, Vice President Mike Pence on said “we’re very close” to Senate Republicans putting forth legislation to repeal and replace Barack Obamacare , aka ACA. VP Pence said in an interview, “I promise you, the president and I have not stopped working day in […]
President Donald Trump’s Dealmaking Reminiscent of the Gipper’s Larry Kudlow, an economics adviser to President Ronald Reagan, said Tuesday that President Donald Trump’s dealmaking with lawmakers is reminiscent of the Gipper’s. On Tuesday, President Trump addressed Republican lawmakers in a closed-door meeting at the Capitol, warning them that they could lose their seats in Congress […]
Obamacare Fraud (ACA) Exposed By GAO The Government Accountability Office (GAO) has exposed Healthcare.gov aka Barack Obamacare, and its state healthcare marketplaces for approving fictitious applications as eligible for subsidies for the 2nd year running, according to the GAO’s latest congressional report. “Now a year later, GAO has reported that nothing has changed and that, […]
US Healthcare Spending Grew Faster Than Economy Under Obama The USA’s healthcare bill grew at the fastest rate in 8ht years in Y 2015, driven by the coverage expansion in President Barack Hussein Obama’s law (ACA) and by costly Rx drugs, the government said recently. The growth of 5.8% in Y 2015 boosted total healthcare spending […]
Consumers Decline Obamacare, Future Uncertain for His Affordable Care Act The Obama Administration has said millions of people have gained coverage through the Affordable Care Act (ACA) aka Barack Obamacare, but an estimated 28-M Americans are uninsured. And preliminary data shows that about 5.6-M paid a tax penalty rather than buy health insurance in Y […]
Barack Obamacare, the Theft of Middle Class “Wealth” $CI Barack Obamacare may have brought health insurance to millions of people in the US, many in the program finding that the medical care they need is too expensive to actually use. Many people with Barack Obamacare have plans that feature high out-of-pocket up front costs that […]
US Corporate Profits Fall, US Government Deficit Rises $DIA, $SPY, $QQQ, $VXX The federal government last month recorded the biggest monthly budget deficit since February, and the deficit so far this budget year is running 10% higher than a year ago. The US Treasury Department said Wednesday that the deficit came in at $112.8-B in July, […]