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U.S. President Donald Trump moved to undermine Obamacare dramatically late on Thursday by cutting off subsidies to health insurance companies for low-income patients, sparking threats of legal action and concern of chaos in insurance markets. The decision is the most dramatic action Trump has taken yet to weaken the Affordable Care Act, President Barack Obama's signature healthcare law, which extended insurance to 20 million Americans.
President Donald Trump announced Thursday night that he will end the Obamacare cost-sharing reduction payments, a move that could wreck the law's individual insurance exchanges and send healthcare costs soaring for many Americans. Based on guidance from the Department of Justice, the Department of Health and Human Services has concluded that there is no appropriation for cost-sharing reduction payments to insurance companies under Obamacare," said a statement from the White House.
The U.S. Border Patrol is considering a surveillance balloon that can be quickly moved to spot illegal activity, part of an effort to see if more eyes in the sky translate to fewer illegal crossings. Agents in Texas recently finished a 30-day trial of the camera-toting, helium-filled balloon made by Drone Aviation Holding Corp., a small startup that named former Border Patrol chief David Aguilar to its board of directors in January.
President Donald Trump is going around mischaracterizing his tax plan as the largest tax cut in U.S. history and a Republican senator is calling him out on it. Iowa Sen. Chuck Grassley tweeted Thursday, as if speaking to Trump, "Ur tax cut will not be 'largest in history of country,'" and proceeded to offer a fact check "my own self."
In a brash move likely to roil insurance markets, President Donald Trump will "immediately" halt payments to insurers under the Obama-era health care law he has been trying to unravel for months. The Health and Human Services department made the announcement in a statement late Thursday night.
President Donald Trump lashed out at hurricane-devastated Puerto Rico on Thursday, insisting in tweets that the federal government can't keep sending help "forever" and suggesting the U.S. territory was to blame for its financial struggles. His broadsides triggered an outcry from Democrats in Washington and officials on the island, which has been reeling since Hurricane Maria struck three weeks ago, leaving death and destruction in an unparalleled humanitarian crisis.
The Trump administration asked a Chicago federal court Thursday for a two-month deadline extension on its decision assessing whether revealing secret details of a $17 billion commercial aircraft deal between Iran and Boeing would interfere with US foreign policy by obstructing a key component of the Iranian nuclear deal. Filed just one day before President Donald Trump is expected to announce plans to decertify the Iran nuclear deal, the Department of Justice request aims to push Thursday's original court-ordered deadline to January.
New York Republican Rep. Chris Collins hit back at a report issued from the Congressional Ethics Committee Thursday that concluded there is "substantial reason to believe" the congressman engaged in insider trading and made moves to help a company that he is the largest shareholder in. The House Ethics Committee stated it would extend its review of the issue under a procedure that does not place deadlines for additional public announcements and the committee seldom metes out punishments.
Donald Trump is expected to tell Congress as early as Friday that he will not to re-certify Iran's compliance with the 2015 nuclear deal, otherwise known as the Joint Comprehensive Plan of Action . The Iran Nuclear Review Agreement Act, also known as Corker-Cardin, obliges the president to make this certification every 90 days.
Treasury Secretary Steven Mnuchin said Thursday that President Donald Trump hopes to decide within a month whom he will choose to lead the Federal Reserve starting next year but is still going through the interview process. Trump said two weeks ago that he had had four meetings to interview potential nominees for Fed chair and expected to decide within two to three weeks.
Former Vice President Joe Biden, speaking to students at Rutgers University on Thursday, defended college sexual assault guidelines he helped champion that recently were relaxed by the Trump administration. During a 45-minute speech to about 2,000 students on combating sexual violence, Biden also took shots at disgraced film executive Harvey Weinstein over recent sexual assault revelations and at President Donald Trump.
Frustrated over setbacks in Congress, President Donald Trump wielded his rule-making power Thursday to launch an end run that might get him closer to his goal of repealing and replacing "Obamacare." Experts say consumers aren't likely to see major changes any time soon, although the White House is promising lower costs and more options.
President Donald Trump took his first steps Thursday toward fulfilling his vow to dismantle Obamacare, signing an executive order that he says will bring affordable health insurance to millions more people. The order broadly tasks the administration with developing policies to increase health care competition and choice in order to improve the quality of health care and lower prices.
US Attorney General Jeff Sessions said on Thursday the policies that allow immigrants to seek asylum in the United States were broken and subject to "rampant abuse and fraud." In a speech at the department's Executive Office For Immigration Review, Sessions said too many immigrants were taking advantage of the rules, and urged Congress to pass legislation that could make it harder for asylum petitions to be granted.
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House Speaker Paul Ryan on Thursday lambasted high-tax states like California, New York and New Jersey, arguing the rest of the country is "propping up profligate, big-government states" even as they pay billions more in taxes than they receive in return from the federal government. Ryan's attack came as he defended the Republican tax proposal that would repeal the federal deduction for state and local taxes, saying it has forced the rest of the country to support those states' high taxes and reckless spending.
Let's start out with the caveat that President Donald Trump's Republicans control the entire federal government, so none of this is going to happen short of a mass rebellion against the President by his own party. Until that happens, the following is a purely academic discussion.
President Donald Trump predicts "millions and millions of people" will benefit from his action to unwind the health care law. But the changes Trump hopes to bring about could take months or even longer.
President Donald Trump is criticizing hurricane-ravaged Puerto Rico and says the government can't keep federal aid there "forever." Trump criticized the U.S. territory in a series of tweets Thursday.
Former Vice President Joe Biden is recruiting friends into tough-to-win Southern races, campaigning with Democrats in Virginia and New Jersey and wading into superior court races in Pennsylvania. He has cast President Donald Trump as racist, told an LGBT crowd that "we have a hell of a lot of work to do" and tweeted at Trump that "this has to stop."