Oscar Insurance Corp. is hemorrhaging money on the Obamacare state exchanges, posting a $57.6 million loss in the first half of 2017. Oscar is a health insurance startup that primarily sells Obamacare insurance plans, but the company has consistently had trouble making its business profitable. The company lost $57.6 million thus far in 2017 in Texas, New…
The House's most conservative caucus hopes to force a vote on a clean Obamacare repeal bill in coming weeks through a rare congressional procedure. The House Freedom Caucus, chaired by Rep. Mark Meadows, R-N.C., will encourage members to sign a “discharge petition” allowing a bill similar to the December 2015 repeal of Obamacare—which passed both the House…
Congress is pivoting to tax reform, which if done correctly, should replace a list of draconian Obama-era regulations that went to extraordinary lengths to keep American companies from leaving the U.S. Ironically, the Obama administration ignored the key incentives that pushed companies to try and leave, chief among them being a sky-high corporate tax rate….
The Senate’s failure to pass even a watered-down version of health care reform was compounded by its decision to leave Washington rather than finish the job. At this juncture, the nation’s governors and state legislators should use every legal means available to them to reform their health insurance markets to the best of their ability…
In the wake of Congress’ failure to pass Obamacare repeal and replace legislation, the Trump administration is reportedly debating whether to stop paying Obamacare’s “cost-sharing reduction” subsidies to health insurers. Those payments are the subject of a lawsuit brought two years ago by the House of Representatives arguing that the Obama administration lacked authority to…
Sen. Bernie Sanders, I-Vt., cast the only vote against a Food and Drug Administration user fee reauthorization bill that passed the Senate Thursday in an overwhelming majority of 94 to 1. Sanders voted against the bill, which facilitates the collection of fees from drug and medical device companies, because it “does nothing to lower drug…
Former Hillary Clinton aide Huma Abedin used her personal email account to transmit classified documents and coordinate favors for Clinton donors, according to emails obtained Wednesday by the watchdog group Judicial Watch. Judicial Watch obtained the documents as part of a lawsuit filed after the State Department failed to respond to a March 2015 Freedom of Information Act request. The…
High-profile Democratic Party leaders and Hollywood celebrities are partnering with the United Auto Workers to help Big Labor gain footing in Southern states. The UAW won a deal with Japanese-based Nissan Motor Co. allowing close to 4,000 full-time employees at its Canton, Mississippi, plant to vote on whether to organize as a labor union. Sen. Bernie…
While secretary of state, Hillary Clinton attempted to bully the tiny nation of Bangladesh to force it to end a corruption investigation of Muhammad Yunus, a long-time Clinton family friend and Clinton Foundation donor, according to documents obtained by The Daily Caller News Foundation Investigative Group. The information comes from two Bangladeshi government documents generated…
The Senate has now failed to pass legislation to repeal and replace Obamacare. The longer Congress delays or avoids action, the more the problems are likely to grow and compound. The most common and publicized problems with the law have been the skyrocketing premiums and withdrawal of insurers from Obamacare exchanges—consequences that have flown in…
Republican Sens. John McCain, Lisa Murkowski, and Susan Collins joined Democrats to keep Obamacare, at least for now. The “skinny repeal” bill managed to get only 49 votes, with every Democrat and the three Republicans voting against the scaled-down version of the repeal and replace bill. Just before 2 a.m. Friday, Senate Majority Leader Mitch…
A lawsuit by states seeking to end protected status for children whose parents brought them to the U.S. illegally could spare President Donald Trump from personally halting the Obama administration program. “DACA is an unlawful program that must be phased out,” @AGRutledge says. Or, immigration experts say, such litigation could force Democrats in Congress to…
Republican senators are reportedly working on a so-called “skinny repeal” of Obamacare. While details remain sparse, no one should mistake this last-minute effort for being the culmination of Republicans’ seven-year promise to repeal and ultimately replace Obamacare. The inconclusive nature of the process stems from a fundamental divide within the Republican Party over how much…
The Senate narrowly voted in favor of a motion to proceed to debate the health care bill Tuesday, giving Republicans one chance to get something done before Congress likely goes on recess in mid-August. The Senate will continue to participate in what’s called a “vote-a-rama.” The vote-a-rama process was described at length by health care…
Families who experienced horror stories under Obamacare gathered at the White House Monday and warned Republicans of political consequences if they did not vote to repeal and replace the law. “I am very fine with sitting at home in 2018 and not voting if that is the only way to get their attention, I’m more…
Perhaps too often, Americans take the findings of independent government agencies—whether executive or congressional—as fact. The Congressional Budget Office, which has impacted the health care debate, has consistently said that repealing Obamacare would lead to around 22 to 23 million Americans losing their insurance by 2026. This has been a frequent talking point for those…
Editor's note: It's hard to think of a topic that drives more comments from The Daily Signal's audience than the fate of Obamacare. With a Senate vote possible this week on some sort of health care reform, here's a roundup of your views. Write us at [email protected] about our news and commentary.—Ken McIntyre Dear Daily…
A government-funded job training program that promised to turn hundreds of residents of Kentucky's coal country into computer coders so far has spent $2 million to place 17 people in tech jobs and may have left others worse off, The Daily Signal has learned. The program, a private-public partnership between state and federal agencies and…