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A Natural Experiment For Philadelphia’s Soda Tax

Via Political Calculations blog, The city of Philadelphia's controversial soda tax is providing a lot of material for serious scientists to evaluate the effects of arbitrarily imposing a tax on the distribution of a range of naturally and artificially-sweetened beverages. Since we're near the end of the tax's first year of being in effect, we […]


House Democrats Asked To Vote Against Stopgap Spending Bill

Update: In what could be a serious problem for Ryan and the rest of the GOP leadership, Democratic leaders in the House have asked their members to vote against the Republican continuing resolution bill as it stands.   .@WhipHoyer says House Democrats are being asked to vote against the stopgap-defense-disaster spending package. “We are asking […]


Paul Ryan Adds Disaster Aid, Child Health-Insurance To Spending Bill

House Republicans have decided to attach provisions reauthorizing a popular child health-insurance program and allocating an unprecedented $81 billion in disaster-aid spending to a continuing resolution that would keep the federal government funded until Jan. 19, Politico reported Tuesday, citing anonymous Congressional aids. House Speaker Paul Ryan disclosed the new strategy in a GOP conference […]


GOP Releases All 479 Pages Of The Tax Reform Bill – “Vote-A-Rama” Begins

The Senate tax bill is headed for a potentially unlimited series of decisions on possible amendments – known as “vote-a-rama” – as the full text of the revised bill has just been released. As Bloomberg reports, it’s unclear how long that process might take, though we do note that unlike Obamacare, Senators will at least […]


In Critical Test Of Tax Reform Bill, Senate Narrowly Approves Motion To Start Debate With 52-48 Vote

Update (5:55PM EST): After a full day of debating the GOP tax reform bill, the Senate has now approved a motion to…drum roll please…debate the GOP tax reform bill.  As we detailed below, this was the first big test for the GOP’s tax bill before the entire Senate and it narrowly passed with a vote […]


GOP “Lovefest” Or McCain Mayhem: Crucial Procedural Vote On Senate Tax Bill Expected Later Today

Update (3:15PM EST): Senator Lisa Murkowski (R-AK), who was a key swing vote against several Obamacare repeal and replace bills earlier this year, has confirmed that she will vote in favor on the Senate’s tax bill. Alaska’s Sen. @lisamurkowski will vote YES on the GOP tax bill, her office tells me. — Garrett Haake (@GarrettHaake) […]


In Win For White House, Rand Paul Says He Will Vote ‘Yes’ On Tax Reform

In a surprising reversal that President Donald Trump will undoubtedly tout as a major victory, Kentucky Senator Rand Paul has publicly confirmed that he will be voting ‘Yes’ on the GOP tax plan when the senate votes on it later this week. Paul says he will vote ‘yes’ even though the tax overhaul “isn’t perfect” […]


Blame Game Over Obamacare’s 2018 Premium Surge Reaches Feverish Pitch, Will It Matter In 2018?

As Americans head to the exchanges to purchase their Obamacare plans for 2018, many are experiencing a bit of sticker shock.  As the Wall Street Journal points out this morning, folks in Deaf Smith, Texas can expect their premiums to surge 87% next year while those in Clinton, Iowa are looking at a sickening increase […]


Philly Admits Soda Tax Is Crushing Local Small Businesses, Expanding “Food Deserts”

 Just one week after Chicago shockingly repealed their soda ban following a revolt from local business owners (see: Soda Tax Fizzles In Chicago As Cook County Officials Cast Decisive 15-1 Repeal Vote), it seems that Philadelphia’s flirtations with forming a more perfect “nanny state” via the elimination of sugary drinks could be on a collision […]


Here Are The Reasons Why Another Government Shutdown Looms

It seems that it was just yesterday when the market was celebrating Trump's avoidance of a government shutdown due to an "unprecedented" bipartisan deal with Democrats, which left Republicans out in the cold. Well, things are once again back to normal. With fewer than 30 sessions left in the year and a heap of legislative […]


Senators Reach Bipartisan Deal To Keep Obamacare Subsidies, Send Healthcare Stocks Soaring

It appears that President Trump's action last week has scared lawmakers, as taking the subsidy 'punchbowl' away from healthcare providers has been suddenly met with a bipartisan deal that Republican Senator Alexander says would maintain Obamacare safeguards for two years. Healthcare stocks are soaring back from the recent weakness to new record highs… As The […]


Soda Tax Fizzles In Chicago As Cook County Officials Cast Decisive 15-1 Repeal Vote

In a shocking move that completely upends Chicago’s endless pursuit of higher taxes and an overly-regulated nanny state, the Cook County Finance Committee took the unprecedented step of voting to actually repeal their unpopular ‘soda tax’ last night.  The 15-1 vote followed an outcry from local residents and small business retailers who say their soda […]


The Obamacare “Death Spiral”: Health Plans Now Cost Employers More Than A New Car

With the Graham-Cassidy Obamacare replacement now officially dead, it appears Senate Republicans will be unable to pass a repeal-and-replace bill before the Sept. 30 deadline announced by the Senate Parliamentarian arrives – though it’s impossible to rule out another long-shot plan gaining momentum in the coming days. After the deadline, Senate Republicans would need 60 […]


Democrats Furious After Trump Announces 90% Cut To Obamacare Marketing Funds

It appears as though President Trump has just given the Democrats yet another reason to shift the blame for Obamacare’s epic failure to his administration, as ridiculous as that may be.  According to The Hill, the Department of Health and Human Services has just announced that they’ll be slashing the Obamacare advertising budget by 90% […]


Grab A Beer Philadelphia, The Soda Is Too Damn Expensive

Via SovereignMan.com, What happened: Turns out when soda cost the same as beer, people choose to drink beer. That is what is happening in Philadelphia. The city’s 1.5 cent per ounce tax on soda has made beer a cheaper option. But that isn’t the only effect of the ill conceived plan to raise revenue. The tax didn’t […]