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2018年9月7日 星期五

Overnight Health Care: Obama calls 'Medicare for all' a 'good' idea | Study finds modest ObamaCare premiums hikes for next year | Trump officials consider South Carolina plan to defund Planned Parenthood

 
 
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Happy Friday, and welcome to Overnight Health Care. Paging all potential 2020 Democratic presidential contenders: former President Barack Obama called "Medicare for all" a "good idea."

 

Obama backs Medicare for all... okay, kind of

"Democrats aren't just running on good, old ideas like a higher minimum wage. They're running on good, new ideas like Medicare for all," Obama said during a speech Friday, a launch of his midterm campaign efforts for Democrats.

Why it matters: Obviously, Obama, whose domestic policy achievement is ObamaCare, did not support Medicare for all during his presidency (though he did support it as a senator.)

But his comments Friday could be seen as a recognition that Medicare for all is likely the future of the Democratic Party. Sen. Bernie Sanders's (I-Vt.) Medicare for all bill in the Senate has 16 co-sponsors -- many of whom are expected to run for president in 2020.

In his speech, Obama jumped into the midterm fight, condemning President Trump and urging voters to hit the polls this November. For more from the speech, here are seven times Obama hit Trump. Trump's reaction? The president said he "fell asleep."

 

ObamaCare premiums to rise by only 3.6 percent next year: study

An analysis from Avalere and the Associated Press looked at 47 states where data was available and found that premium increases will be much smaller for 2019 compared to the average 30 percent increase 2018.

More:

  • In 41 states, premiums will either drop or rise by less than 10 percent in 2019.
  • In 11 states, premiums will decrease.
  • In six states, plus the District of Columbia, premiums will rise between 10 and 18 percent.
  • 19 states will see either new insurers entering the market or current insurers expanding into new areas.

The takeaway: ObamaCare is stabilizing, despite the multiple policy changes it's seen during nearly two years under President Trump. Insurers also overpriced their premiums for this year, leading to smaller increases this year.

Read more here.

 

A bipartisan bill that would ban 'gag clauses' in contracts with pharmacies passed out of the House health subcommittee Friday.

What it does: The bill, authored by Rep. Buddy Carter (R-Ga.), a pharmacist, would ban pharmacy benefit managers from inserting language into contracts with pharmacies that prevent them from telling a customer when they can save money on drugs by paying with cash instead of insurance. (Sometimes a copay can be more than a pharmacy's cash price for a drug.)

"Often, gag clauses are part of a take it or leave it contract where pharmacies have no other option if they want to continue providing services for patients in their communities," Carter said during the markup.

Carter said that, when he was a practicing pharmacist, he had to bite his tongue when he saw a patient paying for a drug with insurance when they could have saved money by paying cash.

Next steps: It will have to pass out of the full committee before heading to the floor for a vote. The Senate passed a similar version from Sen. Susan Collins (R-Maine) this week.

 

The Senate will vote next week on an opioid package.

What it does: The package of over 70 proposals from five Senate committees focuses on encouraging substance use recovery, supporting caregivers and families, reducing the use and supply of illegal opioids, and driving innovation and long-term solutions.

Context: It's been a long path to this point. While it's a bipartisan bill, there have been squabbles behind the scenes on what should and shouldn't be included. If you missed it, don't worry, there will be more.

What's next: When the package passes the Senate, it must be conferenced with the House bill, which passed in June. While there are similarities between the two, there are also differences that must be worked out. The opioid epidemic is a very personal, serious issue for a lot of lawmakers, especially those in more rural states. It might be difficult for them to reach a consensus on how best to approach this crisis.

Timeline: Many onlookers think it might not happen until after the midterms.

 

Trump administration to consider South Carolina proposal to defund Planned Parenthood.

Add South Carolina to the list of states asking the Trump administration for permission to cut Planned Parenthood and other abortion providers from their Medicaid programs.

The Department of Health and Human Services (HHS) is already reviewing similar proposals from Texas and Tennessee.

Why it matters: The Obama administration not only rejected these proposals, they warned states that if they tried to exclude Planned Parenthood from Medicaid, they could lose federal funding. But the Trump administration rescinded this guidance earlier this year, signaling it might be on board with such proposals.

Read more here.

 

Coming up next week:

The House Energy and Commerce Subcommittee on Health will hold a hearing Thursday at 1:15 pm on "examining barriers to expanding innovative, value-based care in Medicare."

The House will vote next week on a bill to retroactively lift the employer mandate penalties from 2015-2018, change the definition of a full time employee for purposes of the mandate from 30 hours to 40 hours, and delay the Cadillac tax until 2023.

 

The Hill event:

Join us Wednesday, September 12 for "A Healthy Start: Infant and Early Childhood Nutrition," featuring Reps. Nanette Barragán (D-Calif.) and Bobby Scott (D-Va.), and Administrator of the Food and Nutrition Service Brandon Lipps. Editor in Chief Bob Cusack will sit down with the headliners to discuss maternal, infant, and early childhood nutrition, and what steps can be taken to establish healthier eating patterns across all communities. RSVP here.

 

What we're reading:

Insulin's high cost leads to deadly rationing (Side Effects Public Media)

Richard Sackler, member of clan behind OxyContin, has patent for opioid treatment (STAT)

Vaccines against HIV, Malaria and Tuberculosis unlikely, study says (The New York Times)

 

State by state:

The future of abortion under a new Supreme Court? Look to Arkansas (The New York Times)

New Jersey ObamaCare premiums will go down next year (nj.com)

Connecticut gets $12.2 million for health information exchange (journalinquirer.com)

 
 
 
 
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News Alert: 7 times Obama hit Trump in speech

 
 
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7 times Obama hit Trump in speech
Former President Obama ripped President Trump on the economy and a laundry list of other issues during a fiery address on Friday.

From taxes to Russia and Vladimir Putin, here are seven of the most prominent examples.
Read the full story here
 
 
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On The Money: Trump threatens $267B more in Chinese tariffs | Obama mocks GOP for taking credit for economy | US adds 201K jobs in strong August | Dems vow to get Trump's tax returns if they take the House

 
 
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Happy Friday and welcome back to On The Money. I'm Sylvan Lane, and here's your nightly guide to everything affecting your bills, bank account and bottom line.

See something I missed? Let me know at slane@thehill.com or tweet me @SylvanLane. And if you like your newsletter, you can subscribe to it here: http://bit.ly/1NxxW2N.

Write us with tips, suggestions and news: slane@thehill.com, vneedham@thehill.com, njagoda@thehill.com and nelis@thehill.com. Follow us on Twitter: @SylvanLane, @VickofTheHill, @NJagoda and @NivElis.

 

THE BIG DEAL--Trump threatens an additional $267B in tariffs on Chinese goods: President Trump said Friday that he is prepared to slap $267 billion in tariffs on Chinese products on short notice, in addition to the $200 billion he has already promised.

Imposing tariffs on $200 billion worth of Chinese products "will take place very soon depending on what happens," Trump told reporters on Air Force One, according to a White House pool report.

"I hate to do this, but behind that there is another $267 billion ready to go on short notice if I want," he said.

That would mean tariffs would cover $467 billion in Chinese imports on top of the $50 billion already in place for a total of $517 billion, which covers the entire value of all products China imports into the United States.

The U.S. imported $505 billion of Chinese products in 2017, according to the U.S. Census Bureau.

China has matched U.S. actions. After Trump's threat of $200 billion in tariffs, China said it has tariffs of $60 billion on U.S. goods.



LEADING THE DAY

Economy adds 201K jobs in August, unemployment holds at 3.9 percent: The U.S. economy added jobs 201,000 in August, slightly above expectations, as the job market rebounded following a July slump.

The unemployment rate held steady at 3.9 percent, near an 18-year low, the Labor Department reported on Friday.  Estimates had been for about 190,000 jobs to be added in August.

There were 50,000 fewer jobs in June and July than initially reported. After revisions, job gains have averaged 185,000 a month over the past three months, a sign of continued strength in the labor market. 

The economy has added jobs for 94 straight months, beginning in October 2010 under President Obama. It is the longest streak of monthly jobs growth on record. The Hill's Vicki Needham breaks down the numbers here.

 

Obama mocks GOP on economy: Former President Obama criticized President Trump and Republicans for taking credit for the growing economy, arguing the economic recovery began during his presidency. 

Obama also mocked Republicans for praising monthly jobs report that he suggested they undersold, at best, when he was president. 

"When you hear how great the economy is doing right now, let's just remember when this recovery started," Obama said in remarks at the University of Illinois.

"When the monthly job numbers come out suddenly Republicans are saying it's a miracle," he added. 

Obama said his presidency saw similar numbers, after the recovery from the Great Recession that began before he arrived in office. "Actually those job numbers are the same as they were in 2015," Obama said.

 

Obama delivered his remarks in a fiery speech in which he implored the public to vote in the midterms and directly criticized Trump, saying he had played on racial divisions and economic fears.

Trump hit back later on Friday, saying that he fell asleep during Obama's speech. Trump also dismissed Obama's claims on the economy, accusing his predecessor of overseeing the "weakest recovery in the history of our country" since the Great Depression.

 

Dems vow to get Trump's tax returns if they take majority: Democrats are vowing to get their hands on President Trump's tax returns if they are able to win back the House majority in November.

"I'm definitely going to bring it up if we don't have them by then -- that's a definite," Rep. Bill Pascrell (D-N.J.), a senior member of the House Ways and Means Committee, told The Hill.

The Democrats contend existing law empowers the tax-writing committees to access a president's tax history. If the House flips, they say they'll use their gavels to move swiftly to do just that.

"I don't think there's any question about it," said Rep. John Yarmuth (D-Ky.), the ranking member of the House Budget Committee.

Reminder: Trump is the first president since Richard Nixon to refuse to disclose his tax history as a White House candidate. He says an ongoing IRS audit prevents such a release -- an argument the IRS itself has refuted.

 

ON TAP NEXT WEEK

Wednesday:

  • Senate Banking Committee: Hearing entitled "Countering Russia: Assessing New Tools," 10 a.m. 

Thursday:

  • Senate Banking Committee: Hearing entitled "Implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act," 10 a.m.
  • Senate Agriculture Committee: Hearing on U.S agricultural trade, 10 a.m.
  • House Foreign Affairs Committee: Hearing entitled "Oversight of U.S. Sanctions Policy," 10 a.m.
  • Senate Budget Committee: Hearing on transparency at the Congressional Budget Office, 10:30 a.m. 

Friday:

  • American Enterprise Institute hosts a conference on the 10th anniversary of the 2008 financial crisis, 10 a.m.

 

NEXT WEEK'S NEWS, NOW

  • House Republicans are expected to roll out their "tax cuts 2.0' bill next week after months of huddling on the best path forward. The bill is expected to extend the individual income tax cuts passed in the 2017 bill, but it's unclear whether it will stretch the controversial state and local income tax deduction cap. The Hill's Naomi Jagoda tells us what to expect here.
  • Congress has eight legislative days to pass nine spending bills before lawmakers recess for midterms and is expected to move a measure packaging the defense spending and the labor, health and human services and education bills next week.
  • Trade talks between the Trump administration and Canada will continue next week as the countries attempt to strike a deal to revamp the North American Free Trade Agreement (NAFTA).

 

GOOD TO KNOW

  • The federal government took Fannie Mae and Freddie Mac into conservatorship ten years ago today.
  • The Consumer Financial Protection Bureau's lead on military issues wrote an op-ed blasting the "wrong" and "dangerous" direction the Trump administration has taken on service member protection.
  • Whole Foods employees are pushing to unionize following layoffs and lower wages since Amazon acquired the company last year.
  • Financial technology poses a growing risk to the financial system because it lacks the regulatory restraints put on banks, according to a new paper released Thursday by Federal Financial Analytics.

 

ODDS AND ENDS

  • Disney and union workers on Thursday formally agreed to a deal giving employees at the Walt Disney World Resort a minimum wage of $15 an hour by 2021.
  • Tesla shares sunk as much as 10 percent after the company disclosed that its chief accounting officer resigned less than a month after he took the job and its human resources director won't rejoin the firm.

 

Recap the week with On The Money

 

 

 
 
 
 
 
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