Sunday, 16 June, 2019

President Trump: Recently Signed Tax Plan Essentially Repeals ACA

"You all just got a lot richer" the president told his diners during Friday's Christmas dinner at his Florida property
Patty Aguilar | 28 December, 2017, 01:48

President Donald Trump is predicting that Democrats and Republicans will "eventually come together "on a new health care plan for the country". The Congressional Budget Office projects that the move will leave about 13 million more people without coverage by 2027, but the actual effect of sawing one leg off of the fabled three-legged Obamacare stool will be complicated, and it will take years to assess the damage.

"When the individual mandate is being repealed, that means Obamacare is being repealed", Trump said at the time.

It was conducted between December 24-26, just days after Trump said the recently passed US tax bill "essentially" repeals the ACA. The Republican bill to overhaul the tax system eliminates the fine Americans pay for foregoing health insurance, known as the individual mandate.

Almost 40 percent of Republicans surveyed believe Trump hasn't repealed ObamaCare, compared to 60 percent of Democrats and 45 percent of independents.

Former Arkansas OL commit Luke Jones announces commitment to Notre Dame
Arkansas is beginning a new era with coach Chad Morris after Bret Bielema was sacked following the most recent season. He made an unofficial visit to South Bend for the Southern Cal game October 21 and an official visit on December 8-10.

E Fund MSCI China A GO ETF (CASH) EPS Estimated At $0.59
BidaskClub upgraded shares of Meta Financial Group from a "hold" rating to a "buy" rating in a report on Wednesday, December 20th. Keefe Bruyette & Woods has "Buy" rating and $98.0 target. (NYSE:OAS) earned "Buy" rating by Mizuho on Thursday, October 6.

Stock Traders Buy Large Volume of Put Options on CBRE Group (CBG)
National Bank & Trust Hapoalim Bm has invested 0.27% in The Procter & Gamble Company (NYSE:PG). (NYSE:MMS) for 6,530 shares. Quantbot Technologies LP bought a new position in shares of CBRE Group during the third quarter valued at about $1,056,000.

Despite Trump's claim, however, the bill doesn't fully repeal the Affordable Care Act, as other core parts of the law remain intact.

Things like Medicaid expansion and consumer protections are still around, political website The Hill reported.

When asked if they approve of Trump's approach to health care, 37 per cent of respondents said they approve, while almost half (49 per cent) say they disprove.

While the president and Republicans have previously failed to repeal the ACA, the tax reform bill the president signed on December 22 included a provision to end the health law's individual insurance mandate.

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