As Washington debates whether the country should repeal the Affordable Care Act, known as Obamacare, applicants are rushing to get covered, reportedly driving applications to a record high.
“I’m glad that the people understand the importance of getting coverage,” Donna Christensen, the former delegate for the U.S. Virgin Islands’ at-large district, told Cheddar on Wednesday.
But many still remain uninsured. According to the National Center for Health Statistics, 28.2 million people under the age of 65 did not have coverage in 2016.
For context, that's a smaller proportion than before Obamacare passed. The federal agency said that the percentage of people uninsured now stands at 9 percent, compared to 16 percent in 2010.
Many uninsured and current beneficiaries of the Act worry that a repeal would be in place by 2019 and that time is running out. However, Christensen argues that this is not the case. She says it’s going to be very hard for Congress to repeal ACA.
“The Affordable Care Act is still the law of the land,” the ex-congresswoman said, stating that she doubts a repeal would ever happen.
“It was not easy to get the law passed, but it’s going to be more difficult to take it away,” Christensen said.
She encouraged the uninsured to seek coverage by December 15th this year, pointing out that benefits will be valid into the next year.
Congressional Budget Office director Keith Hall put out a blog post on the federal agency’s website on Wednesday. He says that according to the CBO’s most recent baseline, repealing Obamacare's individual mandate would reduce the nation’s federal budget deficit by $338 billion within the next decade. That's less than the previous estimate of $416 billion, made last December.
A full transcript of President Trump's statement from the Diplomatic Reception Room at the White House on Monday morning addressing the mass shootings that took place over the weekend.
President Trump denounced white supremacy and called for a bipartisan effort to combat gun violence on Monday, two days after back-to-back mass shootings in El Paso, Texas and Dayton, Ohio killed nearly 30 people and shocked the nation. He did not propose any major overhaul to gun control legislation.
President Trump announced a deal with the European Union on Friday that will nearly triple the amount of U.S. beef exported to Europe in the coming years. The hike in U.S. beef exports to the EU will boost the industry’s sales in Europe from $150 million to an estimated $420 million annually.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Stock markets worldwide tumbled on Friday following President Trump’s announcement that the U.S. will impose tariffs on $300 billion worth of Chinese imports. Trade groups across industries also came out in fierce opposition to the move, which is the latest escalation in the now years-long trade dispute between the U.S. and China.
The U.S. is escalating the enduring trade war with China with a new round of 10 percent tariffs that will be imposed on $300 billion worth of Chinese imports, President Trump announced Thursday.
The candidate from Hawaii doubled-down on her criticism of the California Senator regarding her record on criminal justice policies like the death penalty and marijuana prosecution.
On Thursday, four major progressive groups announced they will team up this month to use their collective force to put more pressure on lawmakers to open formal impeachment proceedings against President Trump.
These are the headlines you Need 2 Know for Thursday, August 1, 2019.
These are the headlines you Need 2 Know for Thursday, August 1, 2019.
