After already flipping on funding for the border wall to help avert a government shutdown, The Hill is now reporting that Trump is also willing to cave on Obamacare subsidies.
#BREAKING: WH tells Dems it will keep paying ObamaCare subsidies https://t.co/QflYmFxGFp pic.twitter.com/bFX75FTtKP
— The Hill (@thehill) April 26, 2017
Having promised "the biggest tax cut in history," and seemingly desperate for a win (given his folding on the funding of the wall), one wonders why President Trump has delegated the announcement of his Tax Reform plan to Treasury Secretaty Steven Mnuchin and Chief Economic Advisor Gary Cohn. Reduction, repatriation, simplification, and de-itemization appear to be the cornerstones.
2017 Tax Reform for Economic Growth and American Jobs
The implementation of the Greek pension reform of 2016, will lead to the sudden death of incomes for widows, and as KeepTalkingGreece reports, will push a large portion of population further into poverty. Widows’ pensions will be cut down to 50% of the deceased’s pension and new more restrictive age-based criteria will go into effect this month.
Confirming the strong housing data reported earlier by Case-Shiller which showed the fastest pace of home price appreciation since 2014, moments ago the Census reported that New Home Sales rose 5.8% in March to an annual pace of 621K units, just shy of the highest print going back to January 2008, and solidly beating expectations of a 585K print.
Unlike existing home sales, new home sales are benefiting from an increase in the supply of homes for sale. New home inventories increased 1.1% in March.
Authored by Alex Thomas via TheAntiMedia.org,
Late last week, lawyers representing the Cherokee Nation filed a lawsuit against major pharmaceutical companies, claiming they have pumped dangerous painkillers into Native American communities in Oklahoma. The Washington Post obtained a copy of the court filing and reported that the companies are accused of breaking laws by “failing to prevent the diversion of pain pills to the black market.”