After a pretty mild winter, from a meteorological standpoint, March is working overtime to deliver as much snow and cold as possible before the arrival of spring. Much of the country is recovering from the inclement weather of the past few days, which will lead to recovering from colds, ice slipping trauma, and injuries sustained shoveling and sledding.
Fortunately, Obamacare has not yet been repealed. A lot fewer Americans will have insurance to deal with the effect of winter in March, among other things, according to an analysis of Paul Ryan’s Obamacare replacement American Health Care Act from the Congressional Budget Office.
While that analysis does provide good news for Republicans because the plan “would reduce federal deficits by $337 billion over the 2017-2026 period,” it does so because of “reductions in outlays for Medicaid and from the elimination of the Affordable Care Act’s (ACA’s) subsidies for non-group health insurance.”
The CBO also found that by 2026 the number of uninsured Americans would be about 56 million, nearly double the estimate under the current law. Adding to the people who will lose their health insurance (many of them Trump voters), is the huge tax break to the wealthy.
Meanwhile, throwing gasoline on the class fire, Rep. Jason Chaffetz (R-UT) says people just have to decide whether they want an iPhone or health care! So yes, if this passes, sell AAPL. Meanwhile his comments have sparked a fundraising boom for his Democratic opponent, Dr. Kathryn Allen.
Although Chaffetz may be on board, there is plenty of dissension in GOP ranks. Republican senators are not thrilled with the plan, while the Tea Party Republicans are also not happy, but more because they don’t think it goes far enough. And now Ryan is realizing the bill will have to change.
Of course Democrats are united against repealing Obamacare, and given the reaction Republican congressmen got in their town hall meetings, so is a large portion of America.
So, to help with this health care headache (and to think tropical thoughts in this extension of winter), I am prescribing Painkiller cocktails. Take 2 and call your congressional representatives in the morning.
Created at the Soggy Dollar Bar on Jost Van Dyke in the British Virgin Islands, I played with the recipe I pulled from Kindred Cocktails.
1.5 oz Pussers rum
.5 oz Lemon Hart 151 rum
2 oz pineapple juice
2 oz orange juice
.5 oz Coco Lopez
Pinch of nutmeg for garnish
Fill low-ball with ice, build, stir, grate nutmeg as garnish.