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What’s truthful about investing within the collapse of healthcare?
On the White Home balcony, speaking right down to the crowds like a medieval European king, Donald Trump defined that his invoice was really nicely appreciated regardless of what you’ve heard, learn, and even thought. In the meantime, Republican representatives had been busy promoting shares tied to Medicaid regardless of their repeated claims that the brand new invoice would haven’t any impact on Medicaid.
Trump’s mega invoice has been criticized for its tax cuts to firms and rich individuals. These tax cuts are believed to probably trigger the federal government to have a much bigger hole between expenditure and the income collected — inflicting extra borrowing and a worrying deficit. However for normal Individuals who simply need to reside a dignified life, the principle challenge appears to be what it is going to do to healthcare.
Hundreds of thousands are anticipated to be faraway from Medicaid as a result of strenuous added paperwork and new minimal work necessities. With such grave issues, Individuals have been taking part in ballot after ballot, and one advised that 85% of Democrats had been in opposition to the invoice, with even a major 36% of Republicans additionally in opposition to it. 71% of independents added their voice, additionally discovering the invoice unfavorable. Regardless, Trump claimed, “It’s the most well-liked invoice ever signed within the historical past of our nation.”
Trump overtly lies: “It is the most well-liked invoice ever signed within the historical past of our nation.” (Polls present that the invoice is definitely about 20 factors underwater.) pic.twitter.com/5YTog8dZG4
— Aaron Rupar (@atrupar) July 4, 2025
Medicaid is clearly one of many most important causes for the invoice’s unpopularity. Trump’s administration has publicly claimed that there will probably be no impact on it due to the invoice — as a result of apparently, they’ll simply make Medicaid extra brisk. However many specialists have expressed fear about how the invoice will result in profit losses, rural hospital closures, and adverse results on Individuals with disabilities.
Lawmakers like Elizabeth Warren have heard these calls and have been sounding the alarm and making use of strain from the highest since day one. Sen. Warren, the truth is, referred to as out a regarding report that Rep. Robert Bresnahan was promoting Centene inventory simply earlier than the invoice handed. When the invoice ultimately handed, Centene dropped by 43%.
Defending his inventory portfolio whereas ripping away well being care from 17 million Individuals.
That is Washington at its worst.
We have to ban Congressional inventory buying and selling. https://t.co/4Lr5DqcRo1
— Elizabeth Warren (@SenWarren) July 3, 2025
Centene is an organization which, though not good, serves as the federal government’s intermediary for dealing with medical insurance coverage. In a state of affairs the place they are going to have fewer individuals insured, they are going to clearly be ready to earn much less cash — subsequently, the corporate will probably be value much less within the inventory market. Sen. Warren instantly referred to as for a ban on Congressional inventory buying and selling.
As Individuals enter a brand new world the place extra individuals, when sick, will battle much more to maintain up with their medical payments, representatives are so cynical and out of contact that they’re nonetheless making an attempt to determine tips on how to weasel a approach into the state of affairs they’ve induced to additionally make themselves extra money.
Trump’s administration is stuffed with individuals like Rep. Robert Bresnahan; they’re simply good at hiding behind tradition wars. Bresnahan has been entrance and heart pushing payments about trans ladies in sports activities, pretending equity is all he cares about.
In the meantime, as Trump stands on his balcony, trying down on the nation and gaslighting individuals about how the wealthy deserve much more tax cuts, the congressmen backing him are busy betting on how a lot they will revenue from the economic system tanking and healthcare collapsing.
What’s truthful about that?
Revealed: Jul 5, 2025 01:47 pm