Friday, October 13, 2017

TRUMP UNDERCUTS OBAMACARE IN HIS BID TO UNDO ALL THE BLACK PRESIDENT DID BEFORE HIM

Feeling Rebloggy
Over the past 24 hours, President Donald Trump has taken two actions aimed at mortally wounding the Affordable Care Act. 
  • The first tasks his administration with increasing competition among health care insurers, a move very likely to drive younger people out of the insurance marketplace entirely and driving up costs across the board.  
The key to understanding Trump's motivations here are entirely contained in the ACA's shorthand nickname: Obamacare. It's named after the man -- former President Barack Obama (duh) -- who shepherded it into existence. And that's exactly why Trump wants to get rid of it. 
Trump's entire political life -- dating all the way back to his adoption of birtherism earlier this decade -- is positioned against all things Obama. Why? Because for many Trump supporters in this country, Obama -- and his beliefs about society and government -- were the antithesis of what they believed. (Yes, Obama's race -- and multicultural vision of the country and the world -- were part of that mix as well.)
The best way to distinguish yourself in Republican politics during Obama's time in office was to position yourself against, literally, everything about Obama -- up to and including his legitimacy to be president due to fact-free claims about where he was born. 


The other thing killing Obamacare does is cut millions of federal dollars loose and make them available for his tax cut that's predominantly going to benefit the rich.  

And he's willing to slash at things that benefit poor white people to do it.


read more
UNDOING OBAMACARE IS ABOUT 600 BILLION TAX CUT FOR THE RICH
http://blackchickrocked.blogspot.com/2017/03/trumpcare-is-about-600-billion-dollar.html

POSSIBLE OUTCOMES
The Congressional Budget Office, or CBO, has said that in the short term, health care premiums would spike, insurers would exit the market and deficits would increase if Trump followed through with his threat.

Insurers have already submitted their premiums for 2018 and in many cases raised rates on the assumption that CSRs would be cut off. That could somewhat blunt the impact of the White House's move.
Democrats and Republicans in the House and Senate have discussed appropriating the CSR payments themselves, which would negate the impact of Trump's order. But it's not yet clear GOP leaders would support a bill, which is likely to draw fierce conservative opposition.

https://www.nbcnews.com/politics/politics-news/white-house-says-it-will-end-key-obamacare-subsidies-insurers-n810321 

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