Tag: Personal finance

House Republicans Passes Bill To Replace Obamacare

On Thursday, the House narrowly passed the American Health Care Act, 217-213. Every Democrat voted against the GOP health-care bill, as did 20 Republicans. 217 Republicans voted in favor. The bill passed after a lengthy struggle by Republican leadership to win over moderates who were concerned the bill threatened coverage for people with pre-existing conditions,…

House To Vote On GOP Health-Care Plan Today

A little-noticed amendment to the Obamacare repeal effort now before the House would let U.S. employers gut health coverage, The Wall Street Journal reported. Such a provision would affect about half the country, and the amendment lets states obtain waivers from certain Affordable Care Act regulations, freeing insurers from a mandate stipulating that they cover…

March For Science Protests Assemble In Washington, Worldwide

Thousands of people are expected to protest Saturday in Washington, D.C., and in cities around the world in March for Science events timed for Earth Day. The rallies are intended to promote popular interest in science, recognize scientific achievements, and protest the Trump administration’s proposed cuts to research funding as well as policy-making around issues…

President Trump’s Company Pursues Second Washington Hotel

President Trump’s company is actively seeking to open a second Washington hotel as part of a planned nationwide expansion, potentially creating another venue where he stands to benefit financially from customers doing business in the nation’s capital. Representatives of the Trump Organization, now run by the president’s adult sons, have inquired in recent months about…

John Oliver Rips Trumpcare: ‘People Are Going To Be Hurt By This Bill’

John Oliver ripped apart the latest healthcare reform, referring to it as “shitty Obamacare”. He then proceed to exposes the American Health Care Act, championed by the House speaker, Paul Ryan, saying: “You may not have wanted it, it looks awful, but it’s here anyway” which he likened to “Pirates of the Caribbean 5: The…

Statue of Liberty Goes Dark on Eve of Women’s Protest

The Statue of Liberty experienced an “unplanned outage” late Tuesday night, leaving only the flame and crown lit just hours before the nationwide “A Day Without Women” protest. The blackout began around 10 p.m. ET. National Park Service spokesman Jerry Willis attributed the blackout to a project for a new emergency backup generator as part…

Chaffetz: Americans May Need To Choose Healthcare Over New iPhones

GOPer Rep. Jason Chaffetz said to CNN on Tuesday that some Americans regarding to their healthcare choice may come down to buying a new iPhone or paying for medical coverage. “You know what, Americans have choices. And they’ve got to make a choice,” said Chaffet. “And so maybe, rather than getting that new iPhone that…

House GOP Unveils Obamacare Replacement Bill

A new bill to repeal the Affordable Care Act’s individual mandate—the crux of President Obama’s signature health-care law—and replace it was released on Monday. The legislation would offer individual tax credits to purchase health insurance and would reportedly keep the ACA’s protections for those with pre-existing conditions; but would allow insurers to raise premiums for…

229 Republicans Vote to Hide Trump’s Tax Returns [VIDEO]

House Republicans voted en masse to block a resolution that would have forced Trump to turn his tax returns over to Congress on Monday night. The measure was introduced by Rep. Bill Pascrell (D-NJ), a member of the House Ways and Means Committee. Under a 1924 law, the Ways and Means Committee is empowered to…

Senate Expected To Confirm Steven Mnuchin As Treasury Secretary

On Monday, the Senate is expected to confirm two of President Trump’s Cabinet nominees, Steven Mnuchin as treasury secretary and David Shulkin to head the Department of Veteran Affairs. The vote on Mnuchin, a former top Goldman Sachs executive and Hollywood financier, will be much closer than Shulkin’s confirmation. Republicans argue that Mnuchin is well-qualified…

Fed Raises Rates For First Time Since 2006, Markets Climb

The Federal Reserve raised interest rates Wednesday for the first time in nearly a decade. The central banking committee unanimously voted to move the target range for the federal funds rate to a 0.25-0.5 percent range, up from a 0-0.25 range. “The committee judges that there has been considerable improvement in labor market conditions this…