Sep 20, 2017, 11:18 am EDT
The Graham-Cassidy Bill is the GOP’s last chance is try and repeal Obamacare before a Sept. 30 deadline.
The Graham-Cassidy Bill has been proposed by Sen. Lindsey Graham of South Carolina and Sen. Bill Cassidy of Louisiana. It seeks to repeal parts of Obamacare, but will still leave other pieces in place.
Parts of Obamacare that would be removed by the Graham-Cassidy Bill include cost-sharing subsidies, the individual and employer mandate, Medicaid expansion and tax credits. Instead the bill seeks to grant states blocks of funding that they can use as they see fit. This may mean that some states will keep these program running with this funding. Read
Sep 13, 2017, 2:05 pm EDT
Seattle Mayor Ed Murray has been accused of abusing minors sexually once again.
This is now the fifth accusation of its kind and it has led Murray to resign despite him maintaining his innocence. The accusers claim that Murray molested them when they were teenagers decades before he went into politics.
The latest claim comes from his cousin, who said Murray molested him during his teen years. Murray became the mayor of the Washington town in 2013. The former mayor didn’t make a public announcement, instead opting to issue a statement saying his resignation would be effective 5 p.m. Wednesday. Read
Sep 12, 2017, 12:48 pm EDT
The new federal self-driving guidelines are expected to be released Tuesday.
Source: Christine und Hagen Grafvia Flickr
Here are six things to know about the matter:
U.S. Transportation Secretary Elaine Chao said that regulatory barriers will be lifted from automakers, allowing them to have the lighter set of regulations they have been pushing for.
The document is titled “A Vision for Safety” and it will be less than half the size of Obama’s 2016 document on the matter, lighting the burden on automakers.
The U.S. House of Representatives voted unanimously to clear legal obstacles that might prevent some companies from ceasing to develop self-driving technology.
Car makers will be able to make 25,000 autonomous driving vehicles per year in the first year without meeting existing auto safety standards. This figure will rise to 100,000 over three years.
These federal regulations would also prevent state legislators from barring automakers from building and using these vehicles as the federal ruling would be king in this situation.
The National Transportation Safety Board is expected to release a document that proves Tesla Inc’s (NASDAQ:TSLA) semi-autonomous Autopilot technology is partially responsible for the May 2016 death of a motorist.
The opinions contained in this column are solely those of the writer.
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Sep 1, 2017, 11:14 am EDT
There is a new MAGA ETF that will be targeting companies that support the Republican Party.
Point Bridge is the advisor for the new MAGA ETF and Vident Investment Advisory is its sub-advisor. The fund will track companies on the S&P500 that are supportive of the Republican Party. This includes those with employees, or PACs, that make $25,000 or more in donations during the last two elections.
The MAGA ETF’s full name is the “Point Bridge GOP Stock Tracker ETF.” It will be using “MAGA” as its ticker. This is most likely a reference to “Make America Great Again,” which was President Donald Trump’s campaign slogan. Vident President Denise Krisko will act as the manager of its portfolio. Read
Aug 25, 2017, 4:35 pm EDT
The Donald Trump tax reform may start gaining traction next week.
Source: Pictures of Money via Flickr (Modified)
The POTUS’ chief economic advisor Gary Cohn said that Trump’s administration will begin campaigning for a tax reform that would result in drastic changes for individuals and corporations alike.
Here are several things that will change if the reform passes. Read