Is Obamacare Headed Back to the Supreme Court?

Obamacare is back in court, and a new ruling issued this week could put it on track to return to the Supreme Court. The Supreme Court in its 2012 decision upholding Obamacare said it was constitutional on the dubious basis that the individual mandate is a tax, not a requirement to buy something. But the Tax Cuts and Jobs Act of 2017 passed by congressional Republicans and signed by President Trump eliminated the individual mandate penalty for not carrying health insurance. So in February 2018, Texas led a coalition of 20 states filing a federal lawsuit arguing that since the individual mandate

Democrats’ Awful 2020 Economic Agenda — In 3 Memes

In celebration of Easter, I interrupt your regularly scheduled economic reporting with something a little more lighthearted. If your family dinner table is set to contain as much political sparring as mine, feel free to share the following with your relatives. Here are 3 memes that perfectly summarize Democrats’ 2020 economic agenda: 1.) Why are progressives, including Bernie Sanders and Alexandria Ocasio-Cortez, now referring to themselves as ‘Democratic’ Socialists instead of just socialists? Do they think putting a good word in front of a bad word makes the latter sound less terrible? If I said my Toyota Camry has a

This Week in Economics: 4 Stories You Should Know About

1.) Trump’s FCC Shoots Down California’s “Texting Tax” Proposal. This week, overzealous California regulators saw their hopes of enacting a “Texting Tax” squashed by President Trump’s FCC. The FCC issued a declaratory ruling which found that “text messaging” is an information service, thereby limiting the state’s authority to regulate. Prior to the FCC’s announcement, California regulators were set to vote on an initiative that would have imposed a tax on consumers’ phone bills in order to fund additional government services. California residents should be grateful the FCC saved them from their bloated state governments’ latest tax-and-spend scheme. 2.) Republicans to

Obamacare’s Tax-Hike Bomb Will Soon Detonate — Unless Congress Acts Now

Have you received your healthcare premium notice in the mail yet? I did. Next year, I will pay roughly $850 more for the same Obamacare plan that I have this year. No, thankfully, my health has not grown materially worse. In fact, I am near-certain the only expense my insurance company picked up this past year was for a one-time doctor visit to receive cough medicine. Over the next few weeks, I will be searching for a more affordable health insurance option (perhaps one of the new short-term limited duration plans made available by President Trump), since an $850 premium

Senate Democrats Vote Unanimously to Restrict Americans’ Healthcare Choices

Yesterday every single Senate Democrat voted to abolish new low-cost health insurance plans made available by the Trump administration. While the joint resolution narrowly failed in a 50-50 vote, it was revealing to see how Democrats from Chuck Schumer to Joe Manchin were so mortified by the mere existence of affordable insurance policies that they fought tooth-and-nail to make them illegal. It is more bewildering coming from the party that claims to be for “choice.” If the Left wants to outlaw something as innocuous as a type of health insurance plan, they will really ban anything these days! The Democrats’

Will Bureaucrats Thwart President Trump’s Efforts to End Obamacare?

Back in October, President Trump issued an executive order to give Americans a critical escape hatch from Obamacare’s soaring premiums and dwindling insurance options. Now, this same executive order faces significant risk of being watered-down by the Department of Health and Human Services’ (HHS) regulatory swamp. The anchor of President Trump’s health care executive order was a provision allowing consumers to purchase (and renew) short-term limited-duration health insurance (STLD) plans. These plans provide consumers with an affordable health care option because they are exempt from Obamacare’s laundry-list of regulations and coverage requirements. It is because these plans are so affordable that

Has the GOP Given Up on Repealing Obamacare?

Never content to let a good week go by without botching something, several Senate Republicans admitted to a Politico reporter that they’ve surrendered on repealing Obamacare. And what a great week it had been for the GOP: the enduring image being Democrats at the State of the Union sitting on their hands looking like — in the words of Brit Hume — “their dogs just died” while President Trump was lauding record lows in unemployment, making strong appeals to patriotism, and showing in the process how petty, petulant, and radical the Democrats have become. Then another Kennedy was trotted out to hit

Final Thoughts on the Trump Tax Cuts of 2017!

Whew. We finally did it! After an exhaustive year-long effort, President Trump delivered a pro-growth tax cut package just in time for the holidays. I am excited both that the passage of this legislation will increase American competitiveness and also that, after today, I won’t need to write any tax-cut columns for a while (until we go bigger and bolder next go-around)! While not perfect, the Tax Cuts and Jobs Act achieves a laundry list of reforms that will facilitate President Trump’s ongoing streak of economic improvement. The bill provides much-needed relief for the overwhelming majority of American taxpayers and ensures that businesses

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