Following two days of utter chaos in Washington D.C., the Republicans in the House have finally called it quits and laid to rest, at least for now, efforts to repeal and replace Obamacare. The bill was pulled shortly before voting was set to begin at 3:45PM EST.
As the fate of TrumpCare hangs in the balance, Sean Spicer will take the stage momentarily to tackle questions from the press on the latest developments. For the latest updates on this afternoon's vote see our post here.
And some udpates:
Buy the dip?
According to Predictit.com, the odds of the healthcare bill passing today has plunged to 13%
It was as high as almost 50% late yesterday...
Source: Predictit.com
While the American Healthcare Act, President Trump’s first major legislative effort, is going to a vote in the House of Representatives on Friday - no matter what; for many years now, the American healthcare system has been flawed.
As Statista's Feliz Richter illustrates in the chart below, U.S. health spending per capita (including public and private spending) is higher than it is anywhere else in the world, and yet, the country lags behind other nations in several aspects such as life expectancy and health insurance coverage.
In just the latest sign that things are about to get a whole lot worse for the city of Chicago, especially in their efforts to deal with that pesky little $130 billion pension problem, the latest population statistics from the U.S. Census Bureau reveal that people are abandoning the Windy City in record numbers. Per the table below from Crain's, the population of metropolitan Chicago has now declined two years in a row, a rate of decline that is accelerating, with over 65,000 people choosing migrate to other safer areas of the country.