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Wednesday, October 18, 2017

Senators Reach Bipartisan Deal To Keep Obamacare Subsidies, Send Healthcare Stocks Soaring

It appears that President Trump's action last week has scared lawmakers, as taking the subsidy 'punchbowl' away from healthcare providers has been suddenly met with a bipartisan deal that Republican Senator Alexander says would maintain Obamacare safeguards for two years. Healthcare stocks are soaring back from the recent weakness to new record highs...

As The Hill reports, Sens Lamar Alexander (R-Tenn.) said Tuesday that he and Sen. Patty Murray (D-Wash.) have reached a bipartisan deal to stabilize ObamaCare.

The deal would extend key Obamacare payments to insurers for two years and give states more flexibility to change Obamacare rules.

Healthcare company shareholders are exuberant...



Anonymous said...

Healthcare need to be fixed. Not killed, not repealed and replaced, not left alone. It needs adjusted just like everything else over time.

This is the first step!

Anonymous said...

They agreed to continue spending money they do not have.
The destruction of the US Dollar seems to be a deliberate action of the Congress.
We must assume they are doing exactly what they are instructed to do.
Print US Bonds, and sell them to bankers who Print US Dollars to buy them.

Counterfeiters. . Literally.