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2018 Obamacare Premiums Surge 45% In Key Swing State Of Florida

2018 Obamacare Premiums Surge 45% In Key Swing State Of Florida

As Congress continues to debate whether or not Obamacare is "working," folks in the key swing state of Florida just found out that their insurance premiums for 2018 are going to surge by 45% in a single year.  Per the Miami Herald:

Health insurers selling Affordable Care Act plans in Florida will raise monthly premiums by nearly 45 percent on average next year, the state’s Office of Insurance Regulation said Tuesday.

 

Connecticut Lawmakers Scramble To Close $3.5 Billion Budget Shortfall As Fiscal Crisis Worsens

Connecticut Lawmakers Scramble To Close $3.5 Billion Budget Shortfall As Fiscal Crisis Worsens

Despite a series of credit-rating cuts by all three of the major ratings agencies earlier this year, Connecticut still boasts a higher rating than Illinois and New Jersey. But that could soon change.

Lawmakers are squabbling over how to close a massive deficit expected to stretch to $3.5 billion over the next two years, which has left Connecticut as the only state in the US without a budget for the current fiscal year. And if lawmakers fail to pass a budget by the end of the month, it could trigger further cutbacks and in essential services.  

Republicans Throw In The Towel: Senate Will Not Vote On Obamacare Repeal Bill

With the Republicans Obamacare repeal effort having died no less than three times over the few days, on Tuesday afternoon Republicans announced the Senate would not vote on Republicans' last-ditch bill to repeal Obamacare, putting an end to their seven-year push for now. According to Politico, the decision was reached at a party lunch Tuesday after it became clear the plan would fail. Three Senate Republicans had already said they would vote against the measure, and the GOP could only afford two defections.

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