Posts Tagged ‘Idaho

26
May
14

Rise and Shine

On This Day: President Obama and Vice President Biden escort Judge Sonia Sotomayor to the East Room of the White House where the President will introduce her as his nominee for the U.S. Supreme Court to replace retiring Justice David, May 26, 2009 (Photo by Chuck Kennedy)

****

Today (All Times Eastern)

9:15 AM: The President hosts a breakfast in the State Dining Room in honor of Memorial Day. The Vice President and Dr. Biden will also attend

11:0 The President and First Lady travel to Arlington National Cemetery where the President will lay a wreath at the Tomb of the Unknown Soldier

11:20: The President delivers remarks

****

The Week Ahead

Tuesday

The President will host the 2014 White House Science Fair and celebrate the student winners of a broad range of science, technology, engineering and math (STEM) competitions from across the country. The President will also announce new steps as part of his Educate to Innovate campaign, an all-hands-on-deck effort to get more girls and boys inspired to excel and to provide the support they need to succeed in these vital subjects

Wednesday

The President travels to West Point, New York to deliver the commencement address at the United States Military Academy at West Point

Thursday

The President will host a summit at the White House on youth sports safety and concussions, where he will be joined by stakeholders, including young athletes, parents, coaches, experts, professional athletes, and military service members. At the White House Healthy Kids and Safe Sports Concussion Summit, the President will announce new commitments by both the public and private sectors to raise awareness about how to identify, treat and prevent concussions, and conduct additional research in the field of sports-related concussions that will help us better address these problems

Friday

The President will attend a hurricane preparedness meeting at FEMA Headquarters

****

2014-05-26T112556Z_1296461967_GM1EA5Q1HTK01_RTRMADP_3_USA-OBAMA

President Barack Obama waves as he returns from a surprise trip to Afghanistan

****

Adrianna McIntyre: 21 Things Obamacare Does That You Didn’t Know About

1. Obamacare makes funds available for “training for adulthood.” True story. The law makes funds available for “personal responsibility” programs aimed at preparing young adults for being grown-ups. Per federal law, all of these programs must include efforts to educate young adults prevention of both pregnancy and sexually transmitted diseases. Beyond that, they’re expected to touch on other “adulthood preparation subjects”, including but not limited to: financial literacy, healthy relationships, communication and interpersonal skills, educational and career success, body image, goal-setting, decision making, and stress management. 6. The law authorizes funding for grants that target postpartum depression. The Secretary of HHS is authorized to make grants available for treating individuals who have postpartum depression and psychosis (conditions that occur in women following childbirth). The law also encourages the National Institute of Mental Health to conduct long-term study from 2010-2019 on how pregnancy affects women’s mental health. This piece of the Affordable Care Act is called the Melanie Blocker Stokes CARE Act; it is named for a woman who tragically committed suicide in 2001 after suffering from postpartum depression despite three admissions to Chicago-area hospitals following her delivery.

10. Young adults who age out of the foster system at 18 receive benefits until they’re 26. Before the Affordable Care Act, states had the option — but not the requirement — of extending Medicaid coverage up to age 21 for kids who aged out of the foster system at 18. This is an incredibly vulnerable population that suffers from high rates of homelessness, poverty, and unemployment. Under reform, states have to offer these young adults Medicaid coverage until they turn 26. 13. Employers are required to provide reasonable break time for nursing mothers. Employers must provide a reasonable amount of break time — and a private place that isn’t a bathroom — for an employee to express breast milk for up to one year after giving birth. Breastfeeding the first six months, at a minimum, is recommended by the American Academy of Pediatrics. Prior to health reform, there was no federal law that protected nursing mothers; state laws on the issue tended to be very general.

More here

****

****

****

Bob Small: First Memorial Day Created By Blacks Here In Hampton Park

Memorial Day may signal the beginning of the summer for many. A time for cook-outs and being with friends and family, but few know that the first widely publicized event, then called “Decoration Day”, was held in Charleston to honor the Union dead and was put together by many of the newly freed Black men and women. On May 1, 1865, more than 10,000 black freedmen and women including 3,000 children gathered at the old Race Track now known as Hampton Park track to honor dead Union soldiers who were buried there. They cleaned up the area and placed flowers on the graves of the unknown soldiers. The event was highly publicized and covered by a number of newspapers nationally. To many of the white citizens it was looked upon more as an Emancipation for the newly freed black men and women. Preachers and white northern missionaries gave speeches and thanks to those who had lost their lives in the Civil War. A war that claimed over 600,000 lives on both sides.

Charleston had been a holding place for captured Union Soldiers and at least 257 soldiers died while in the custody of Confederate soldiers. They were buried in hastily dug unmarked graves around the race track as Confederates fled the city from advancing Union troops. Northern missionaries who helped organize the events for Decoration Day participated in songs and speeches. The response by the Black population was tremendous. Freedmen came from all over the state to participate. Many feeling that the Union soldiers had given their lives for their freedom rather than to bring the seceded states back into the Union. They cleaned up the burial grounds and erected an enclosure with an arch that read, “Martyrs of the Race Course.” Many of those in attendance brought flowers to lie on the graves. For the newly freed people it was their way of honoring those who had given their lives for their beliefs and the black population’s newfound freedom.

More here

****

BeOQvHoCIAAzNXd

****

Sahil Kapur: What Obama Can – And Cannot Do – On Immigration Reform By Executive Action

Amid fading prospects for immigration reform in Congress, President Barack Obama has signaled he’ll take executive action on enforcement to ease the burden for certain people in the country illegally who don’t have criminal records. On his order, Homeland Security Secretary Jeh Johnson is conducting a review of U.S. enforcement policies in order to determine how to implement the law in  the smartest and most humane way. One area where DHS feels confident in its authority to act is the prioritization enforcement resources, sources familiar with the matter say. Under the legal theory of “prosecutorial discretion,” the department could decide, for instance, to prioritize removal of dangerous criminals who pose serious safety threats, such as gang members, drug dealers and repeat offenders. It could in turn de-prioritize action against those who have not committed crimes, (or committed lower-level crimes like DUIs) and steer resources away from those who have family ties in the U.S. and have lived here for a certain period of time. Under this approach, undocumented immigrants would technically remain subject to deportation. They’d simply be less likely to get picked up by the system.

A second category of executive action is more contentious: to formally let certain subsets of immigrants temporarily live in the U.S. without fear of deportation and perhaps apply for employment authorization. This would build upon the Obama administration’s 2012 Deferred Action for Childhood Arrivals (DACA) program which granted two-year relief to certain young people brought to the country as children, referred to as DREAMers. The Obama administration feels less comfortable with expanding DACA because the legal issues are trickier. Granting a reprieve to a narrow, specific population arguably falls within the realm of enforcement discretion. But applying it to broader populations becomes problematic and may backfire legally and politically, as some immigration law experts have cautioned. “Republicans may challenge his actions in Court saying that they constitute a violation of the Separation of Powers,” said Eli Kantor, an immigration lawyer based in Beverly Hills, California. The one thing the president certainly cannot do is grant legal status to anyone in the country without proper documentation. “That’s absolutely Congress’s authority,” Chen said. That means any executive action Obama takes would, by definition, be temporary and theoretically reversible by the next president.

More here

****

BmKJVpzCcAIENyU.jpg-large

****

NYT: Insurers Once On the Fence Plan To Join Health Exchanges In ’15

In a sign of the growing potential under the federal health care law, several insurers that have been sitting on the sidelines say they will sell policies on the new exchanges in the coming year, and others plan to expand their offerings to more states. “Insurers continue to see this as a good business opportunity,” said Larry Levitt, a health policy expert at the Kaiser Family Foundation. “They see it as an attractive market, with enrollment expected to ramp up in the second year.” Eight million people have signed up for coverage in 2014, and estimates put next year’s enrollment around 13 million.

In New Hampshire, for example, where Anthem Blue Cross is the only insurer offering individual coverage on the state exchange, two other plans, both from Massachusetts, say they intend to offer policies next year. UnitedHealth Group and Cigna, which were notable in their caution about the exchanges last year, are expected to enter more markets this year. In Washington State, United is among four new insurers that have told state regulators they are interested in offering plans in 2015.

More here

****

****

****

NYT: After Revival In San Antonio, Washington Comes Calling

When Mayor Julián Castro of San Antonio and local officials traveled to Washington in 2012 to meet President Obama’s housing secretary, Shaun Donovan, the agenda was about housing policy. But for Mr. Castro, it was personal, too. The meeting was about revitalizing the Wheatley Courts public housing project on San Antonio’s impoverished Eastside, once the heart of the city’s black community. But it also hit home for Mr. Castro, who grew up near the low-rent projects in the Mexican-American barrio on the other side of town. His mother worked for the housing authority, and his father lived in the projects on the city’s Westside as a teenager. Two years after that meeting in Washington, the Eastside is now the focus of a public and private revival, fueled in part by a nearly

$30 million grant from the Department of Housing and Urban Development to demolish and redevelop Wheatley Courts as housing for a broader mix of incomes, including low- and moderate-income families and market-rate households. If he receives Senate confirmation, Mr. Castro, whose twin brother, Joaquin, is a Democratic congressman representing San Antonio, apparently would become the first housing secretary in the 48-year history of the position whose parents lived and worked in public housing projects. “It’s precisely because he’s lived out the American dream that he’ll work his tail off to make sure more people can travel that same path and earn their own dreams as well,” Mr. Obama said as Mr. Castro and Mr. Donovan stood next to him at the White House.

More here

****

****

****

AP: Far Right, Euroskeptics Make Big Gains In EU Vote

Far-right and Euroskeptic parties made sweeping gains in European Parliament elections Sunday — triggering what one prime minister called a political “earthquake” by those who want to slash the powers of the European Union or abolish it altogether. Voters in 21 of the EU’s 28 nations went to the polls Sunday, choosing lawmakers for the bloc’s 751-seat legislature. The other seven countries in the bloc had already voted in a sprawling exercise of democracy that began Thursday in Britain and the Netherlands. One of the most significant winners was France’s far-right National Front party, which was the outright winner in France with 26 percent support— or 4.1 million votes.

“The sovereign people have spoken … acclaiming they want to take back the reins of their destiny,” party leader Marine Le Pen said in a statement. She called the results “the first step in a long march to liberty.” The National Front like other far-right parties across Europe promote anti-immigrant and often anti-Semitic policies. French Prime Minister Manuel Valls, in an impassioned televised speech, called the National Front win “more than a news alert … it is a shock, an earthquake.” French President Francois Hollande’s office announced he would hold urgent talks first thing Monday with top government ministers in what French media called a crisis meeting.

More here

****

BZPzCVpCcAAEuWI.jpg-large

****

Austin Frakt: Staying On Parents’ Plan May Lead To Healthier Paychecks

One of the earliest pieces of the health-care law to go into effect — and one of the easiest to understand — was the one that allowed adults under age 26 to remain on their parents’ insurance plan. It has long been clear that the policy has somewhat increased the insurance rate among young adults. Now a new study suggests the effects may be much broader, also leading to increases in educational attainment and the wages of young adults. The findings suggest that the health law has given young adults more flexibility to make decisions they think are best for them financially, rather than making decisions simply to obtain health insurance.

With coverage from their parents’ plans, they can remain in college or graduate school, rather than leaving to take a job that provides health insurance. With coverage in place, once students leave school, they can consider a broader range of jobs, including some that do not offer good health insurance or any health insurance. This finding is consistent with the academic literature on “job lock,” which has consistently shown that people who do not need to take a job with employer-based coverage have more flexibility, resulting in better employment matches with higher wages on average.

More here

****

Ba0FxEaIAAEidR0.jpg-large

****

Benjamin Goad: Administration Demands Equal Education For Ilegal Immigrants

Schools cannot require students or their parents to provide Social Security numbers, birth certificates or other documentation showing citizenship status as a condition of enrollment under formal Obama administration guidance issued. The directive to all public school districts, meant to ensure equal access to education for the nation’s illegal immigrants, comes amid reports that some children have wrongfully been denied enrollment. Attorney General Eric Holder said such policies “have a chilling effect on student enrollment, raising barriers for undocumented children and children from immigrant families who seek to receive the public education to which they are entitled.” “Public school districts have an obligation to enroll students regardless of immigration status and without discrimination on the basis of race, color, or national origin,”

Holder said. “We will vigilantly enforce the law to ensure the schoolhouse door remains open to all.” The new guidance from the departments of Justice and Education is an update of similar guidelines issued three years ago. The mandate to provide equal education to all children stems from the Supreme Court’s 1982 Plyler vs. Doe ruling, which prohibited a school district from charging illegal immigrants extra tuition fees. The new guidance makes clear that schools may request certain documentation showing the age and address of children in order to determine whether they are eligible to enroll. But they may not ask about a child or family’s citizenship status, or deny enrollment on grounds that a student is an illegal immigrant.

More here

****

BdfwPS5CYAA1KgS

****

Audrey Dutton: Idaho Medicaid Enrollment Climbs 

The number of people on Medicaid in Idaho rose almost 6 percent since the launch of Idaho’s health-insurance exchange last fall even though Idaho is one of the states that has not expanded Medicaid eligibility under the Affordable Care Act. The increase is sharper than usual. That’s partly because more people discovered they qualified for Medicaid during the process of shopping for health insurance to comply with the Affordable Care Act, which requires all Americans to be insured.

It’s also because Idaho is now using federal systems to check information for Medicaid renewals, making the process smoother for people already enrolled in the program, according to the Idaho Department of Health and Welfare. “This is a positive change for Idaho, as it ensures that those who are eligible for Medicaid can maintain coverage without burdensome administrative processes that cause individuals to [lose Medicaid] unnecessarily, causing problems for families and providers,” said Tom Shanahan, spokesman for the department. He said the change also cuts down on administrative costs.

More here

****

BebVJW-CMAEVzH2

****

TPM: Obama Administration Will Let Veterans Seek Care At Private Hospitals

The Obama administration’s decision to allow more veterans to get care at private hospitals could take some pressure off backlogged Veterans Affairs facilities struggling to cope with new patients from the wars on terrorism as well as old soldiers from prior conflicts. Agreeing to recommendations from lawmakers, the administration said Saturday it will allow more veterans to obtain treatment at private hospitals and clinics in an effort to improve care.

Veterans Affairs Secretary Eric Shinseki also said VA facilities are enhancing capacity of their clinics so veterans can get care sooner. In cases where officials cannot expand capacity at VA centers, the Department of Veterans Affairs is “increasing the care we acquire in the community through non-VA care,” Shinseki said. Lawmakers from both parties have pressed for this policy change as the VA confronts allegations about treatment delays and falsified records at VA centers nationwide.

More here

****

BlhElMmCAAE0eyF.jpg-large

****

Brian Beutler: Mitch McConnell’s Obamacare Spin Misleads Kentucky’s ACA Beneficiaries

Now that Mitch McConnell’s emancipated himself from the exigencies of the Republican primary process, he’ll need to figure out how to square his primary-friendly view that Obamacare should be wiped off the books with the complicating fact that over 400,000 Kentuckians obtained insurance through the Affordable Care Act over the past several months. He just took a new line of obfuscation for a test drive. Assuming it’s been accurately characterized, it’s incredibly misleading. “McConnell told reporters Friday that the fate of the state exchange is unconnected to the federal health care law,” according to the Associated Press.

“Yet the exchange would not exist, if not for the law that created it.” If McConnell successfully wipes Obamacare off the books next year (which he won’t), Kynect might not go away. But the Medicaid expansion will. And the private insurance subsidies will. And the rules allowing and requiring uninsured people of all health statuses to become customers will, too. Insurance carriers will follow. Or else they’ll replace the plans they currently offer with much less generous ones. And hundreds of thousands of people will lose their coverage anyhow.

More here

****

Petro_Poroshenko

****

NYT: In Russia, Tune Changes About Leader In Ukraine

Petro O. Poroshenko, the billionaire businessman who won Ukraine’s presidential election on Sunday, was portrayed last month in a bilious campaign profile on Russian television here as money-grubbing, devious, a radical sympathizer — in short, a run-of-the-mill Ukrainian politician to Russian eyes. The program on NTV, a Kremlin ally, said he owned a mansion resembling the White House, clear evidence of dangerous Western sympathies. The report mocked him as “The Chocolate Rabbit,” twisting his usual nickname, “The Chocolate King,” from his confectionary fortune.

A scientist, or at least someone wearing a white coat, materialized on screen to denounce his popular Roshen chocolate brand as riddled with carcinogens. Then as Mr. Poroshenko emerged as the front-runner, a change occurred. The attacks ceased, and his chocolate factory in southern Russia, which government police had shuttered, was allowed to operate again. President Vladimir V. Putin of Russia even mentioned the chocolates in passing on TV as edible, and, in recent days, he has said on various occasions that he would work with whatever new leadership emerges in Kiev.

More here

****

BjG4aKZIMAAcekz.jpg-large

****

Bryce Covert: Workers At This Giant Retail Company Are Really Happy With Their Pay

In an analysis of employee feedback shared on Glassdoor over the past year, just one retailer comes in the top 25 for top marks on pay and benefits: Costco. In fact, the company is ranked at number two on the list, although has the same rating — 4.4 — as the top rated company, Google. It also beats out some big tech companies, which are often thought of as paying well and giving workers good perks, like Facebook, Adobe, and Microsoft. Costco has become known for paying its workers more than is typical in the retail sector, where median pay is $10.29 an hour.

Its starting pay is $11.50 an hour and even the lowest paid positions report on Glassdoor that they make $11.80 on average. Across all positions, its average pay is nearly $22. It also offers benefits, with 88 percent of employees enrolled in company-sponsored health insurance. On top of that, it offers significant room for advancement: 70 percent of its warehouse managers, who can expect to make about $22 an hour on average, started in the company’s lower ranked positions. This engenders high levels of worker loyalty, as its turnover rate is just 5 percent for those who have been there for more than a year.

More here

****

Future Obamacrats and proud of it. :)

****

****

On This Day

President Obama meets with Appeals Court Judge Sonia Sotomayor, the nominee to replace retiring Supreme Court Justice David Souter, and Vice President Biden, prior to an announcement in the East Room, May 26, 2009 (Photo by Pete Souza)

President Obama embraces Sen. Harry Reid during a Las Vegas fundraiser for the senator at Caeser’s Palace, May 26, 2009 (Photo by Pete Souza)

****

President Obama and First Lady Michelle Obama arrive at Stansted Airport, May 26, 2011

****

The President and members of the White House staff look out the window of Air Force One to view tornado damage over Moore, Oklahoma. May 26, 2013 (Photo by Pete Souza)

President Obama greets Gov. Mary Fallin after arriving at Tinker Air Force base in Midwest City, Sunday, May 26, 2013

President Obama tours tornado damage along a block of Eagle Drive in Moore, Okla., May 26, 2013. Oklahoma Governor Mary Fallin, FEMA Administrator Craig Fugate, and local officials accompany him (Photo by Chuck Kennedy)

 

****

 

 

15
May
14

Rise and Shine

On This Day: President Barack Obama and Attorney General Eric Holder attend the 32nd Annual National Peace Officers Memorial Service at the West Front Lawn of the U.S. Capitol in Washington, DC on May 15, 2013

****

Today (All times Eastern)

9:40 AM: The President and First Lady tour the National September 11 Memorial & Museum, New York City

10:0 AM: The President delivers remarks

****

Also at White House Live

****

11:20 AM: Depart New York City

12:30 PM: Arrive White House

****

A quote from Virgil seen during a press preview of the National September 11 Memorial Museum at the World Trade Center site May 14, 2014 in New York

****

****

Morgan Whitaker: Obamacare Saved Consumers Billions, New Report Finds

A new analysis finds American consumers saved billions in 2011 and 2012 thanks to a key provision of the Affordable Care Act. The report from The Commonwealth Fund released Tuesday finds the medical loss ratio provision, which caps profits for health insurance companies, benefited consumers by about $3 billion over the past two years through a combination of rebates from insurance companies and reduced overhead spending. The law’s provision limits insurance companies to spending a minimum of 80-85% of premiums specifically on treatment and medical costs, rather than overhead and profits.

The rebate receipts sent to consumers hit $1 billion in 2011 and about $500 million in 2012, an indication that insurance providers successfully shifted business models to fit the new spending requirements. In addition to the rebates provided to consumers, insurers reduced profits and spending on general overhead by about $1.4 billion, the report finds. “The medical loss ratio requirement of the Affordable Care Act creates a higher-value insurance product for consumers,” said The Commonwealth Fund President David Blumenthal said in the report. “It ensures that a substantial portion of their premium dollar pays for medical care, as opposed to administrative costs and profits. It also encourages insurers to improve the care their customers receive, by investing in initiatives that will help achieve better outcomes for patients.”

More here

****

****

ABC News: Obama Aide To Oversee VA Review

President Barack Obama is dispatching one of his closest White House advisers to oversee a review of the beleaguered Veterans Affairs Department as the agency grapples with allegations of treatment delays and preventable deaths at a Phoenix veterans hospital. White House deputy chief of staff Rob Nabors will be temporarily assigned to the VA to work on a review focused on policies for patient safety rules and the scheduling of patient appointments, officials said Wednesday. The move signals Obama’s growing concern over problems at the department, particularly recent reports that hospital administrators in Phoenix kept an off-the-books list to conceal long wait times as 40 veterans died waiting to get an appointment. Similar problems have since been reported in other states.

“While we get to the bottom of what happened in Phoenix, it’s clear the VA needs to do more to ensure quality care for our veterans,” Obama said in a statement. “I’m grateful that Rob, one of my most trusted advisers, has agreed to work with Secretary Shinseki to help the team at this important moment.” Despite calls for Shinseki to step down, the White House insists that Obama continues to have confidence in the secretary, a retired four-star Army general. Shinseki said he welcomed Nabors’ help in ensuring veterans have access to timely, quality health care. Though Nabors has kept a low public profile, he is one of Obama’s closest advisers and has played key roles in the president’s fiscal battles with congressional Republicans. Nabors, the son of an Army veteran, was appointed deputy chief of staff following Obama’s re-election and previously served as the president’s chief congressional liaison and deputy budget director.

More here

****

BlMDPWDCMAEj1zn.jpg-large

****

Rick Ungar: Who Says Obamacare Is Turning Out To Be Good For The Economy? Goldman Sachs Does, That’s Who!

The news just keeps getting better and better for Obamacare. Marketwatch is reporting that an advisory issued by economic researcher Alec Phillips over at Goldman Sachs reports that the Affordable Care Act (ACA) boosted GDP in the first quarter of 2014 and projects that the same will occur in the second quarter. While Phillips—and other Goldman analysts—had initially been quite skeptical about the impact of the government subsidies provided to the many Americans who will now be able to purchase health insurance, the group has turned a corner and now views the subsidies as a major, beneficial contributor to first quarter numbers and what they project to be second quarter growth of 3.9 percent. Of even greater interest is the explanation provided by the Goldman analyst as to why healthcare spending rose 9.9 percent in the first quarter. Phillips pins the rise not on some undesired side-effect of Obamacare but on the fact that people had money in their pocket to spend on the health of their families as a result of $37 billion boost in personal income—something also projected to continue into the second quarter.

While the U.S. Bureau of Economics had predicted a higher spending figure on healthcare for the first quarter than what turned out to be the case, it is worth noting that the Congressional Budget Office—back when first reviewing the Senate bill to reform healthcare—predicted that we would see such a boost following the first enrollment period of Obamacare. Just because healthcare spending increased substantially in the first quarter does not mean that healthcare prices increased—a detail the GOP hopes you will miss. It simply means that more people were able to get the healthcare they were previously unable to afford; not that those of us who already had access to care had to pay more for that care. Phillips sees the trend continuing, suggesting that the positive effects of Obamacare will boost the economy in 2015 and 2016.

More here

****

Bmf7UtqCAAAbwb4.jpg-large

****

Katie Lobosco: Washington State Defies Minimum Wage Logic

Raising the minimum wage could lift hundreds of thousands of low-wage workers out of poverty, but it’s also a job killer. Right?
Not so fast. In Washington state, small businesses are adding jobs faster than any other state in the country, according to a report from Paychex and IHS. It’s also the state where minimum wage, at $9.32 per hour, is the highest. The federal minimum wage is just $7.25 an hour, and a battle is raging about whether it should be raised to $10.10. Small businesses, often called the engine of the U.S. economy, find themselves at the heart of the debate. Critics of a wage hike say that raising the minimum wage too high and too fast could put them out of business.

But the report from Paychex and IHS, which measured job additions and layoffs at 350,000 small businesses, could dispute that claim. Not only was Washington the strongest state, San Francisco — with a minimum wage of $10.74, the country’s highest — had the greatest job gains in the past year among cities measured. Washington state has been progressive on the issue for years. The state’s minimum wage rate has been tied to inflation since 1998, and the mayor of Seattle is currently pushing to raise the city’s minimum wage to $15.

More here

****

****

****

Russ Britt: Obamacare Is Good For The Economy, Goldman Sachs Researcher Says

Obamacare is good for the economy? That’s what one venerable Wall Street brokerage is saying. Alec Phillips, economic researcher at Goldman Sachs, said in a note issued late last week to clients that subsidies from the Affordable Care Act boosted gross domestic product during the first quarter and are likely to do the same during the second quarter. Phillips says that he now has a more optimistic view of the second quarter’s GDP growth, with a gain of 3.9% now estimated, and 4.5% annualized growth in real personal consumption.

“While we were initially skeptical of the large estimated effect of the new subsidies on personal income, these now look more reasonable to us in light of revisions, greater enrollment than expected several months ago, and the fact that states are likely contributing to the subsidies on top of the well-known estimates of federal costs,” Phillips said. But the health-care industry won’t be the only one to benefit, Phillips says, as subsidies will free up income for those who had no coverage before, as well as those who had insurance but were paying for it themselves. “Overall, around 40% of the subsidies should find their way to non-health consumption this year,” he wrote.

More here

****

****

America’s Foremost Dumb Dumb

Suit-Men-Derp-Election-Barack-Obama-John-Mccain-Presidents-Of-The-United-States-Debate-Fresh-New-Hd-Wallpaper-

****

William Douglas: McCain: Send U.S. Troops To Rescue Kidnapped Girls In Nigeria

Sen. John McCain, R-Ariz., wants to see more than hashtag messages voicing displeasure over the abduction of nearly 300 Nigerian schoolgirls by the terrorist group Boko Haram. He wants to see U.S. troops go into Nigera and rescue the girls, even if it means doing so without permission from the Nigerian government. ‘If they knew where they were, I certainly would send in U.S. troops to rescue them, in a New York minute I would, without the permission of the host country,’ McCain said Tuesday. Referring to Nigeria’s president, McCain added: ‘I wouldn’t be waiting for some kind of permission from some guy named Goodluck Jonathan.’

Thus far, the Obama administration has sent a team to Nigeria that includes FBI officials with hostage negotiation skills, five State Department officials, including a team leader, two strategic communications experts, a civiliam security expert and a regional medical support officer. There are also 10 Defense Department planners and advisers who were already in Nigeria and have been instructed to provide support to the kidnapping response, White House Press Secretary Jay Carney told reporters.

More here

****

****

****

TPM: Federal Judge Denies Governor’s Motion To Put Idaho Gay Marriages On Hold

A federal magistrate judge has refused to put gay marriages on hold in Idaho pending an appeal from the state’s governor. U.S. District Magistrate Judge Candy Dale wrote Wednesday morning that Gov. C.L. “Butch” Otter’s appeal isn’t likely to succeed, and so there’s no reason to keep same-sex couples from seeking marriage licenses or marrying on Friday. On Tuesday, Dale struck down Idaho’s same-sex marriage ban in response to a lawsuit from four Idaho couples.

Dale said Idaho’s law unconstitutionally denies gay and lesbian couples their fundamental right to marry and wrongly stigmatizes their families. She said the state must start issuing marriage licenses to same-sex couples Friday morning. Gay marriage is legal in 17 states and the District of Columbia.

More here

****

****

****

Greg Sargent: Time To Revisit Conventional Wisdom About Politics Of Obamacare

The initial conventional wisdom about the Arkansas Senate race — that incumbent Mark Pryor is the nation’s preeminent Dead Dem Walking — is rapidly getting revised in the wake of new polls showing him ahead of GOP Rep. Tom Cotton. So perhaps, in the context of the Arkansas race, it’s also worth revisiting the conventional wisdom that Obamacare is nothing but a hideous liability for Democrats, and can only shower Republicans with political gold from now until election day. One of Senator Pryor’s senior campaign strategists tells me Pryor will not shy away from making the case that the state’s “private option” —

its version of the Medicaid expansion under Obamacare — represents Pryor’s brand of good governance, and that Cotton’s repeal stance is extreme and bad for the state. This is particularly relevant right now, as a fascinating new report from David Ramsey of the Arkansas Times demonstrates. Ramsey reports that the bipartisan private option — which uses Medicaid funds to expand private coverage to 150,000 Arkansans — has become a major issue in several state legislative Republican primaries.

More here

****

****

****

Louise Radnofsky: A Washington State Health Insurer Plans To Cut Rates In 2015

An insurer in Washington state selling plans under the Affordable Care Act is proposing to lower customers’ health premiums next year in what appears to be one of the first such decreases proposed for 2015. The proposal by Molina Healthcare Inc. MOH +0.60% was part of a batch of state rate filings released Monday that included Washington and Indiana. While most carriers are seeking increases, Molina’s filing signals that insurers that priced cautiously for 2014 could face pressure to be more competitive in the second full year of the law’s insurance marketplaces. Molina proposed a decrease averaging 6.8% for Washington customers for 2015. It told state regulators in its rate filing that it was betting that people signing up through the insurance exchange were in better health than the carrier previously thought,

and that it anticipated new entrants when the law’s penalties for not carrying coverage grow next year. Molina, a company that historically has focused on managed Medicaid plans, offered some of the most expensive premiums among insurers selling on the Washington exchange in this year. It said it had only about 1,200 members in 2014. Ben Lynam, vice president for Molina’s actuarial pricing, said in an interview that the company had made conservative assumptions for 2014 about the medical claims likely to be incurred by its enrollees, in part because it hadn’t had much previous commercial experience. “With hindsight and looking at what’s going on across the country…we’ve improved those assumptions and lowered our rates in 2015,” he said.

More here

****

****

****

Reuters: Jobless Claims Hit Seven-Year Low, Inflation Ticks Up

New applications for U.S. unemployment benefits hit a seven-year low last week while consumer prices recorded their largest increase in 10 months in April, pointing to a firming economy. The economy’s outlook was further brightened by other data on Thursday showing factory activity in New York state expanding at its quickest pace in nearly four years in May. “It conveys the message of solid economic activity. Labor conditions continue to improve and I expect this will be validated by payroll reports over the next few months,” said Anthony Karydakis, chief economic strategist at Miller Tabak in New York.

Initial claims for state unemployment benefits declined 24,000 to a seasonally adjusted 297,000, the Labor Department said, offering fresh evidence the jobs market was strengthening. That was the lowest reading since May 2007 and brought claims back to their pre-recession level. Economists had forecast first-time applications ticking up to 320,000 last week. In a second report, the department said its Consumer Price Index increased 0.3 percent last month as food prices rose for a fourth consecutive month and the cost of gasoline surged. The rise in the CPI was the biggest rise since June last year and added to March’s 0.2 percent rise. The combination of a strengthening jobs market and an uptick in inflation pressures should give the Federal Reserve ammunition to continue scaling back its monetary stimulus. However, the U.S. central bank is not expected to start raising overnight interest rates, currently near zero, before the second half of 2015.

More here

****

****

****

On This Day

President Obama takes a stroll through the White House Rose Garden, May 15, 2009 (Photo by Pete Souza)

President Obama walks in the White House Rose Garden, May 15, 2009 (Photo by Pete Souza)

President Obama meets with former Secretary of State, General Colin Powell, in the Oval Office, May 15, 2009 (Photo by Pete Souza)

Phillies shortstop Jimmy Rollins gives President Obama a Phillies jersey and autographed baseball while Obama welcomes the 2008 Major League Baseball World Series Champion Philadelphia Phillies at the White House, May 15, 2009

****

First Lady Michelle Obama addresses Spelman graduates at their May 15, 2011 commencement.

****

President Obama greets people in the audience at the National Peace Officers Memorial Service, an annual ceremony honoring law enforcement who were killed in the line of duty, at the U.S. Capitol in Washington, D.C., May 15, 2012 (Photo by Pete Souza)

President Obama presents a birthday cake to Admiral Jonathan Greenert, Chief of Naval Operations, during a dinner for Combatant Commanders and senior military leadership in the Blue Room of the White House, May 15, 2012 (Photo by Pete Souza)

****

President Obama and Attorney General Holder attend the 32nd Annual National Peace Officers Memorial Service at the West Front Lawn of the U.S. Capitol in Washington, DC on May 15, 2013

****

President Obama poses with a souvenir jersey as he is flanked by players David Beckham and Landon Donovan, members of the LA Galaxy, Major League Soccer’s Championship team, at the White House, May 15, 2012

****




@BarackObama

@WhiteHouse

@FLOTUS

@blog44

@PeteSouza

Enter your email address to receive notifications of new posts by email.

@TheObamaDiary

@NerdyWonka

@DaRiverZkind

@Lib_Librarian

@amk4obama

@zizii2

Categories

Archives

Blog Stats

  • 27,513,002 hits
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930