Submitted by Justin Bilyj,
The Republican party has just released their healthcare bill and really, it isn't a replacement, more like an alteration of Obamacare. There's no full repeal, but just tinkering with definitions, you know the usual way DC get's things done.
So you're probably wondering what's in the bill. I perused the bill just this morning and here's a list of 24 items covered in this 142 page healthcare bill.
Update: Senate Republicans have just released their official 142-page healthcare bill.
Here are some initial takeaways from the Wall Street Journal:
- The bill seeks funding for insurers through 2021
- The bill provides tax credits, lowers income eligibility
- Tax cuts on high-income households largely unchanged from House plan
- Bill suspends 'Cadillac Tax' on employer health plans through 2025
Specifically on Taxes:
Most Americans’ idea of happiness involves lounging by the water or on a beach somewhere. But it turns out, human happiness can flourish even in freezing climates far from the equator.
At a time of year when gasoline demand should be soaring and inventories tumbling, neither is happening and economists, policy-makers, and politicians are perplexed. However, Barclays Capital has an idea - it's because undocumented immigrants are scared to get behind the wheel.
Gasoline demand is puking when it should be peaking in the middle of summer-driving-season...
And Inventories are surging when they should be tumbling...
Authored by Mike Shedlock via MishTalk.com,
GE has the largest pension shortfall in the S&P 500. It’s a $31 Billion Balance Sheet Hole That Keeps Growing.
At $31 billion, GE’s pension shortfall is the biggest among S&P 500 companies and 50 percent greater than any other corporation in the U.S. It’s a deficit that has swelled in recent years as Immelt spent more than $45 billion on share buybacks to win over Wall Street and pacify activists like Nelson Peltz.