Trade Insights Today - Investing and Stock News
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Trade Insights Today - Investing and Stock News
No Result
View All Result
Home Investing

Biden to highlight Trump’s renewed effort to shelve Affordable Care Act

by
November 28, 2023
in Investing
0
Biden to highlight Trump’s renewed effort to shelve Affordable Care Act
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

President Biden on Monday jumped at the chance to tussle with Republicans over the 2010 health-care law known as Obamacare after Donald Trump wrote on social media this weekend that he is “seriously looking at alternatives” to it, something for which Republicans had all but abandoned trying to fight.

“My predecessor, once again … called for cuts that could rip away health insurance for tens of millions Americans and Medicaid,” Biden said Monday at the White House. “They just don’t give up. But guess what? We won’t let these things happen.”

Staffers at the Biden campaign headquarters in Wilmington, Del., expedited plans to focus on health care and the contrast between Trump and Biden on the issue, according to two campaign officials who spoke on the condition of anonymity to discuss plans that were not yet public. The campaign will run new TV ads this week in swing states to highlight the president’s efforts to lower prices for some prescription drugs and spotlight Trump’s call to repeal the Affordable Care Act.

On Tuesday, the campaign will host a press call with Rep. Nancy Pelosi (D-Calif.) and North Carolina Gov. Roy Cooper (D), both of whom plan to slam Trump for promising to repeal the health-care law, the campaign officials said, and campaign staffers also are digging through the archives to resurface Trump’s attempts over the years to terminate the law.

The Biden campaign touted polling Monday that demonstrated the popularity of the Affordable Care Act. “40 million people — more than 1 in 10 Americans — have health insurance today because of the Affordable Care Act and Donald Trump just said he would try to rip it away if he returns to power,” Ammar Moussa, a spokesman for the campaign, said in a statement. “He was one vote away from getting it done when he was president — and we should take him at his word that he’ll try to do it again.” Moussa added: “Donald Trump’s America is one where millions of people lose their health insurance and seniors and families across the country face exorbitant costs just to stay healthy. Those are the stakes next November.”

The Affordable Care Act was signed into law in 2010 by President Barack Obama. The legislation expanded health insurance coverage by broadening Medicaid eligibility requirements, and by providing tax credits so people could purchase private insurance plans through newly created marketplaces.

Republicans in the House and Senate for years campaigned on the pledge to repeal the legislation. But once Republicans held majorities in both chambers of Congress and the White House, they could not agree on exactly how to do that.

In 2017, Trump’s first year as president, the GOP-controlled House passed one plan, and the GOP-controlled Senate was considering another. That’s when Sen. John McCain (R-Ariz.) walked onto the Senate floor, raised his arm and pointed his thumb down. “The vote left the GOP plan to repeal Obamacare in tatters,” The Washington Post’s Peter W. Stevenson wrote at the time.

The Biden administration announced in June 2021 that 31 million people had health-care coverage through the Affordable Care Act. About 11.3 million Americans enrolled in plans through marketplaces, and 14.8 million got coverage through expanded Medicaid eligibility, according to the administration.

This post appeared first on The Washington Post
Previous Post

If you haven’t started your Thanksgiving trip, you’re not alone. The busiest days are still to come.

Next Post

Americans are buying guns — but maybe not the Americans you think

Next Post
Americans are buying guns — but maybe not the Americans you think

Americans are buying guns — but maybe not the Americans you think

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • Trending
    • Comments
    • Latest
    KIATOKEN ICO (KIA): Transforming Philanthropy with Crypto

    KIATOKEN ICO (KIA): Transforming Philanthropy with Crypto

    April 3, 2024
    Consumers are tired of price increases. Big brands are paying attention.

    Consumers are tired of price increases. Big brands are paying attention.

    February 23, 2024
    CoHomies ICO (CHM): Revolutionizing Real Estate Investment

    CoHomies ICO (CHM): Revolutionizing Real Estate Investment

    December 8, 2023
    SCOOP: House Republican eyes bid for Thom Tillis Senate seat after Trump attack

    SCOOP: House Republican eyes bid for Thom Tillis Senate seat after Trump attack

    0
    Rite Aid is closing more than 150 stores as part of its bankruptcy process

    Rite Aid is closing more than 150 stores as part of its bankruptcy process

    0
    Here are the nine Republicans running for House speaker

    Here are the nine Republicans running for House speaker

    0
    SCOOP: House Republican eyes bid for Thom Tillis Senate seat after Trump attack

    SCOOP: House Republican eyes bid for Thom Tillis Senate seat after Trump attack

    June 29, 2025
    Dem delay tactic ends, debate begins on Trump’s ‘big, beautiful bill’

    Dem delay tactic ends, debate begins on Trump’s ‘big, beautiful bill’

    June 29, 2025
    GOP, Dem senators remain divided over Medicaid after Trump’s ‘big, beautiful bill’ vote

    GOP, Dem senators remain divided over Medicaid after Trump’s ‘big, beautiful bill’ vote

    June 29, 2025
    • About us
    • Contact Us
    • Email Whitelisting
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact Us
    • Email Whitelisting
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Tradeinsightstoday.com

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Tradeinsightstoday.com