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Tuesday, August 22, 2017

Trump Could Personally Cost Americans Thousands In Bigger Health Care Bills

Reprinted with permission from AlterNet.

 

Nearly 8 million Obamacare policyholders who now receive federal subsidies to help defray the cost of their health insurance could lose that support and see premiums rise by 20 percent starting next January if the Trump administration stops those “cost sharing reductions” in 2018, two congressional fiscal agencies reported Tuesday.

The U.S. House’s Democratic leadership requested the report from the Congressional Budget Office and Joint Committee on Taxation. It looked at the impact of ending federal subsidies for Obamacare’s “silver plans,” which are the second tier of four levels of plans (plus catastrophic care) offered via government insurance-buying exchanges.…

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Shutting Out Foreign Workers Would Cost American Jobs

Reprinted with permission from Creators.

Donald Trump is a businessman who has routinely hired foreign guest workers to staff his Mar-a-Lago resort in Florida, claiming it’s impossible to find Americans to do the work. But his administration now wants to shut out foreigners who fill comparable jobs, which he now insists Americans would be happy to take. Consistency is not a Trump obsession.

Nor is economics. Endorsing a Senate bill that would cut net legal immigration in half, he charged that the U.S. has “a very low-skilled immigration system” that “has not been fair to our people, to our citizens, to our workers.” White House aide Stephen Miller said it’s “common sense” that the hiring of lower-skilled foreigners takes jobs away from Americans and “drives down wages.”

Common sense said the Earth was flat.…

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Secrecy And Suspicion Surround Trump’s Deregulation Teams

Reprinted with permission from ProPublica.

When President Trump ordered federal agencies to form teams to dismantle government regulations, the Transportation Department turned to people with deep industry ties.

One appointee had previously lobbied the department on behalf of American Airlines. Another held executive roles for several electric and hybrid car companies regulated by the department. A third was a lawyer who represented United Airlines in regulatory matters.

The three appointees have been identified by ProPublica and The New York Times in a continuing effort to track members of the deregulation teams. The appointments, previously unreported, follow a pattern identified by the two news organizations: By and large, the Trump administration has stacked the teams with political appointees, some of whom may be reviewing rules their former employers sought to weaken or kill.…

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