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 public petition for the British government not to go through with Brexit gained so many signatures that the Parliament website crashed on Thursday.
There's a phenomenon on the internet called the "Streisand Effect," whereby a person's attempt to suppress information ends up widely publicizing that very same information. It was named after a situation an incident when Barbra Streisand tried to keep images of her Malibu mansion off the web and inadvertently drew massive amounts of attention to it. And it's why Devin Nunes' mom was trending on Twitter Tuesday morning.
The Democratic National Committee stands by its decision not to allow Fox News to host a Democratic primary debate in the 2020 presidential election, a party official told Cheddar on Thursday. "Our role at the DNC is to make sure we have a fair process and we do not believe Fox News can have a fair debate,” the DNC communications director Xochitl Hinojosa said.
In a presidential field that's growing more crowded by the day, Hawaii Rep. Tulsi Gabbard is looking to stand out by making foreign policy central to her campaign while her fellow Democratic candidates tussle over progressive moonshots like the Green New Deal or Medicare for All. At a campaign event in Concord, N.H., during the Presidents Day weekend, Cheddar's J.D. Durkin spoke with Gabbard, who said her agenda is based on her belief that the U.S. is "addicted" to regime-change wars.
These are the headlines you Need 2 Know for Tuesday, Feb. 19, 2019.
While New York City is mired in finger-pointing over the loss of Amazon's HQ2, Senator Cory Booker of New Jersey urges the company to reconsider the bid that Newark made.
According to House Ways and Means Committee Member Judy Chu, the GOP "made false claims" about the tax bill that passed in December of 2017 and is taking effect this tax season. "They said things like the American public would get on the average a $4,000 per person increase. Well, that is certainly not the case," Chu, a California Democrat, told Cheddar.
Bradley Tusk, the founder and CEO of Tusk Strategies and former campaign manager of Mayor Michael Bloomberg, knows exactly why Amazon's HQ2 plans in New York City fell apart. "It's not that we didn't get it because of some geopolitical economic trend or something out of our control. We didn't get it because our own politicians and Amazon themselves were too incompetent and too arrogant and too tone deaf to get it right," Tusk told Cheddar.
Amazon's blog post announcing it will pull the plug on its New York City headquarters is nothing but a bluff to bring politicians back to the negotiating table, said D.A. Davidson Analyst Tom Forte. "Absolutely Amazon's bluffing," Forte told Cheddar Friday.
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.
