Investors in the six largest banks in the U.S. potentially stand to gain $100 billion in returned capital through dividends and share buybacks if President Donald Trump successfully loosens regulations on the banking industry. Trump signed executive orders Friday that began the process of rolling back two major Wall Street regulations: the Dodd-Frank Wall Street Reform and Consumer Protection […]
Obama Vetoes Paul Ryan Bill Defunding Planned Parenthood and Repealing Obamacare
January 9, 2016 by
President Obama announced today that he vetoed legislation sent to his desk from the Republican led Congress that would repeal Obamacare and defund Planned Parenthood. House speaker Rep. Paul Ryan (R-WI)56% explained that it was an important step for Republicans to show voters that they could come together on a bill offering an alternative to […]
CBO: Repealing Obamacare mandate would save taxpayers $305B
September 16, 2015 by
Congressional budget minders say repealing Obamacare’s “individual mandate” would save taxpayers more than $305 billion and increase the number of uninsured Americans by 14 million over the next decade. The mandate requires people to obtain adequate health insurance or pay a tax penalty, unless they qualify for a financial exemption or other carve-outs spelled out […]