Zero Hedge
Goldman Explains What The Repeal Of Obamacare Really Means
Tyler Durden
An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
President Donald Trump signaled he was finished with trying to repeal and replace Obamacare, telling reporters at the White House he was ready to move to tax reform.The purpose of the Ryan Plan was supposedly to make space for tax reform.
Texas Republican Sen. Ted Cruz revved up hundreds of Tea Party activists at Wednesday's "Storm Congress" rally against the American Health Care Act crafted by Speaker Paul Ryan (R.-Wis.) to stabilize health insurance markets, rather than repeal the 2010 Patient Protection and Affordable Care Act, Obamacare....Breitbart News
President Trump’s push to pass the GOP healthcare bill risks alienating his base of grassroots conservative supporters, Tea Party leader Mark Meckler told The Hill on Tuesday.
Conservative activists have so far directed their ire at Speaker Paul Ryan(R-Wis.). Unhappy with legislation they see as a half-measure, they’ve dubbed the bill “RINO-Care,” a reference to “Republicans in Name Only.” But activists have stayed away from attacks against Trump, even as the White House whips support for the bill.
Meckler says that could soon change....
“If the grassroots don't see some aggressive moves soon on his part to push for full repeal, the honeymoon will come to a very quick and harsh end. I'm already hearing the rumblings.”
“The grassroots fuse is short on this stuff,” Meckler continued. “We are used to being betrayed by politicians. So that's what we expect. If Trump starts looking like a politician in that regard, his support from all but the most rabid supporters will quickly dry up.…
The top issues for conservatives polled by Meckler’s group are appointing Constitutionalists to the courts, repealing and replacing ObamaCare, making the military stronger, passing tax reform and rolling back Obama’s regulatory actions....The Hill
The Canadian plan also helps Canadians live longer and healthier than Americans. . . . We need, as a nation, to reexamine the single-payer plan, as many individual states are doing. — Donald Trump, The America We Deserve (2000)Web of Debt
The White House ran an internal examination of the potential impacts of the American Health Care Act and found that the number of Americans who would be uninsured within 10 years could actually be closer to 26 million, not the 24 million projected by the Congressional Budget Office (CBO).Wowsers! That's enough to give anyone political heartburn, and for some officeholders it would be walking the plank.
This week, Speaker Paul Ryan and House leadership introduced an Obamacare replacement bill. They said it was the culmination of months of discussion and input with members of the GOP caucus in the House. “We listened to our members,” they said, and this was the result.Breitbart News
It turns out that isn’t the case at all. The House Freedom Caucus and conservative groups like Heritage Foundation, Americans for Prosperity, Freedomworks and Club For Growth—among others—came out opposing the plan. And the furor began. What’s being revealed as this plays out is the real challenge it will be to “drain the swamp.” And as the fault lines between conservatives and leadership in the House widen, the Trump agenda is truly at risk.