27 Burst results for "Federal Payments"
Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global Bank
"Today's guest is David. Kennedy CEO of Crack Financial Welcome David. Hey. Thanks for having me on. Laura. On Wednesday and cracking announced that it was the first crypto currency exchange to win approval to launch a bank congratulations. Thank you. It's a big day for US sister Yup. Well, we'll crack and financial the new subsidiary being launched be able to do with this status. Yeah so there's a couple of. Objectives that crack in launching this. The first one three well, the first one is regulatory. Look. We're going to be in a much better regulatory position here as a bank in a consolidated fashion without having to go state by state and the money transmitter regime or something like that now. We're also going to be as a bank to conduct certain activities that we wouldn't otherwise be able to such as serving as good control location for custody. The second reason we're pursuing this as because of infrastructure, the bottom line is the digital asset industry has challenges getting good banking partners. Now, Kraken is fortunate enough to have very solid third party banking relationships, but the fact of the matter is it's still very important for. US to get direct access the federal payment system and be able to integrate that seamlessly into our customer products and experiences. Now, the third reason is this an entirely new product and distribution platform. Again, we can offer products that we would otherwise be able to as a non bank and serve customers at such as institutions that we wouldn't otherwise be able to search. So for those three reasons crack and found this very attractive. and. So from the consumer's and or from a crypto users and what will the new crack and financial mean for them like what will they be able to do that? They couldn't do before? So for existing customers of crack at first, they won't motorist too big of a deal. They'll be regulatory update on the back end of how we're interacting with the different agencies in the US. But then we do expect them to see certain quality improvements like I mentioned before we are going to have direct access to the federal system and able to more seamlessly integrate funding and withdrawal mechanisms and payment mechanisms into our products, and so they should see an increase in quality of customer experience and perhaps a. Cost benefit as well, and then the really see the difference once we start launching products, things like a debit cards backed by digital assets, things like staking things like IRA accounts or other tax advantaged accounts things like a wealth management investment product services. The list goes on and they'll see that institutional customers roles is the big difference because we'll be able to offer qualified custody and other similar services and qualified custody would mean like for hedge funder something where they're doing that on account of accredited investors there. Last craft, and then also there's the separate but related notion of serving as a good control location for broker dealers for clearing purposes. And what kind of CRYPTO assets will cracking financial be able to hold for its customers in? Do you expect to approve those one by one or does it as I'm sure you're well aware I doesn't have to stay away from assets that may be considered securities, which has been a major concern in the industry over the past few years. Yeah. So I think it would look a little bit similar to how at first how cracking does it today which goes on has a framework and risk assessment process to go through different types of assets that are supported by it services. And as we move to the bank that would initially stay the same that said there's a possibility that we could expand that last because a bank can actually deal insecurities and commodities unlike a money transmitter or something like that. So even to the extent that there is a risk of a particular asset being deemed a security were still able to support it as a bank. So. What would you? How would you say that that would combine with this current trend? We're seeing in defy where these new tokens get launched very quickly and very very quickly become a huge market cap coins and we are seeing other exchanges such as coin base launch, a list, some of these quite soon after their formed would we expect something similar from crack and financial? I. Think it's a we'll have to see how that plays opposite new trend and the bank is just for me. I think there's two ways to look at it. One is what's going to be occurring on the track exchange and obviously that operates globally and so it's at the craft exchange level or at the and financial level and then in what jurisdiction and so obviously there's different laws and regulations and others similar dish last exchanges do the same thing. It's available in some jurisdictions and not on. So yeah, we would love to be offering things and assets as they come out as quickly as possible to the extent that they are reasonable and suitable for our customer needs obviously customer protection and the safety and soundness of our institution are absolutely paramount.
Maryland, Washington DC residents eligible for $300 a week in unemployment benefits
"If you're out of work in Maryland, you could get another $300 a week to help you out. Lost Wages Assistance program will be launching ahead of schedule in Maryland this Friday. The state has now been approved by the Federal Emergency Management Agency for a total of six weeks of $300 federal payments. Maryland Labor Secretary Tiffany Robinson also announced the states fully modernized Beacon 2.0 unemployment insurance system will launch this month. You can read more about that. W t o p dot com Search wage Course DC was also just approved for the program in the city expects recipients to begin receiving their $300 payments by the first week of October.
Senate Republicans preparing $500B virus relief proposal
"A $500 billion virus relief proposal. Senate Republican leaders are finalizing a roughly $500 billion virus relief package, according to Senator Roy Blunt of Missouri. Blunt says the legislation would include $300 weekly and extra federal payments for unemployed people above ST Payouts. Blood believes the extra payments would run through 2020, a top GOP aides tells the AP. The package would also include $10 billion for the Postal Service. Negotiations between congressional Democrats and the White House on a larger Corona virus. Relief bill broke down earlier this month, but talks are expected to resume after Labor Day. Mike Gracia
Senate Republicans preparing $500B virus relief proposal
"I might cross the reporting Senate Republicans are working on their own virus relief plan with no agreement yet on a larger corona virus relief bill Senate Republicans are putting together a five hundred billion dollar proposal according to senator Roy blunt of Missouri the GOP plan would provide three hundred dollars in weekly federal payments for unemployed people over and above state payments that would be half of what was provided in a pandemic relief bill approved earlier this year that expired at the end of July Senate GOP aides say the plan would also include ten billion dollars for the postal service sixteen billion dollars for virus testing and a twenty nine billion dollars for developing vaccines might cross yet Washington
Weekly unemployment claims drop below 1 million for first time since March
"Stalemate on Capitol Hill, continuing with congressional leaders and White House officials on the new stimulus package at a loggerhead White House topic. Gnomic adviser Larry Kudlow today, says the president's recent executive orders extending unemployment checks could be the alternative. As Secretary Mnuchin has said, hopefully checks of it out. In a week. The president's order calls for $300 a week in federal payments, with states adding another 25% states. Those say their cash strapped Democrats want to keep US $600 a week. Supplemental unemployment benefit. It comes as 963,000 more Americans filed for first time unemployment benefits last week, the first time since March. The claims fell below one million.
Political debate puts unemployment benefits in limbo for millions
"Political stand dog. That's thirty million unemployed Americans are caught in the middle. Worried that their financial lifeline will be taken away. For the past four months, unemployment benefits included that six hundred federal way the week on top of the money provided by each state in New Jersey where the maximum payout is seven thirteen dollars. You could have received as much as thirteen hundred thirteen dollars every week. In Massachusetts the state with the highest unemployment rate, you could receive as much as fourteen hundred twenty three dollars, eight, hundred and thirty five in Mississippi the lowest amount. On average, every dollar spent in uninsured benefits. Generates up to two dollars in the economy, but it's also important for stabilizing the economy at a time when we have so many people out of work, but the federal payment is only guarantee through July thirty first payments expired this week worrying those who rely on it, so the extra six hundred dollars a month from unemployment really helped going down to one hundred and fifty dollars a week. I don't know who came up with that figure. But. It's not a good one. Keith walkers a hairdresser in Virginia. He and his partner used to provide well for their four children. But in this pandemic, almost every aspect of life has become a struggle all the bills or rolling in. The deep paid despite the widespread national suffering, extending unemployment benefits has become the latest political battleground on Capitol Hill where at one foot and the pandemic. And one foot. And then recover. The American people need more help today. Republican majority. Senate leader Mitch McConnell introducing. The heels act calling for another round of twelve hundred dollar stimulus checks, but slashing the six hundred dollar weekly payments to two hundred dollars a week for the months of August and September and porting to those who are making more now from the combine unemployment than they were before when you pay people not to work. What do you expect? There are fourteen million more unemployed people of them. There are job opening so the idea that there are some disincentives just really runs counter to the facts Republicans hoping to put a plan in place for September to pay jobless workers, seventy percent of what they used to make Democrats want to keep the six hundred dollar payments in place through January. They outline their plane two months ago and Save Republicans in the White House have wasted precious time. It doesn't work. It's going to be impossible to implement. The Republican proposal is a punch in the gut and a slap in the face. It's time that this body lead when the president failed, negotiations have started here tonight, but it is likely to take weeks to get the two sides on the same page, and while Washington debates benefits for some thirty million Americans are gonNA be hanging in the balance as the pandemic drags on and resources run out Tracy Rice's trying her best to make it through. How much time do you have left? Before, you run out of time. I say maybe. If. I get the sense you've had some nice days shed. Some tears were all of this? There have been nights when I woke up wondering. What am I going to? What's going to happen? You know crying silently to myself. Not knowing what the future holds. I can tell you're shaking right now. Your legs shaking. What's going just stuff you know it weighs on me. That's all it weighs on me because they're trying to keep a positive outlook I. try to be positive children.
Marine assigned to presidential helicopter unit tests positive for coronavirus
"Breaking News, a US Marine who was assigned to the helicopter unit that transports president trump. This marine has been infected with corona virus. The Marine tested positive after he flew to Bedminster New Jersey ahead of president trump's upcoming visit this weekend, but a spokesman for the Marine Corps Chelsea, and that the marine was never in direct contact with the president's helicopter itself
Walden issues statement of the Families First Coronavirus Response Act
"Relief for northwest workers and small businesses on its way now that the president is signed Congress's two trillion dollar stimulus package como score when he comports Oregon congressman Greg Walden was at the White House when president trump signed the measure Friday we added a six hundred dollar per week additional federal payment for the next four months if you're unemployed but our goal is to keep you employed that's why he says the package incentivizes small businesses to keep workers on the payroll we have a program for small businesses that employ fewer than five hundred people so they can pay full wages full benefits paid their mortgage pay their lease Hey there overhead costs and at the end get virtually all of that treated as a grant not a loan on top of that Walden says Washington and Oregon both have taken action to stop evictions and foreclosures while the crisis is
Trump tweets 'gross mismanagement of forests' is to blame for California wildfires
"President Trump is threatening to withhold federal payments to California claiming it sparse management is quote. So poor Trump tweeted this morning, quote, there is no reason for these massive deadly and costly fires in California billions of dollars are given each year with so many lives lost. He continued all because of gross mismanagement of the forests remedy now or no more fed payments. The comments were President Trump's first about the massive wildfires burning in California, including a blaze that incinerated most of the northern California town of paradise. It's killed at least eleven people post. Three fires that are burning right
"federal payments" Discussed on WCBS Newsradio 880
"Rip through thousands of acres. Los Angeles fire. Chief Darryl is me estimating the fire to be seventy thousand acres. That day from thirty five thousand acres from yesterday. We are aware that we have significant structure loss at Ashby says firefighters have also been able to save thousands of homes. Those fires have been deadly to two deaths in Los Angeles and Ventura counties and northern California nine in paradise alone. KO VR TV's Jen mcgraw's nearby and Chico buyers. Just been absolutely devastating. The images are unimaginable. The cars should melted. Literally in the middle of the road. These people fleeing from their lives running from their cars, some of the winds in the south are expected to die down today. Good news for firefighters. But they're expected to pick up again. Tomorrow. CBS news update, I'm Peter King. CBS news time three thirty two. President Trump's threatening to withhold federal payments to California claiming it's forest management is so poor Trump said today, there's quoting again, there's no reason for these massive deadly and costly fires in California. He said billions of dollars giving each year with so many lives lost all because of gross mismanagement of the forest. He. He adds remedy now or no more fed payments. The comments were Trump's first about the massive wildfires that are burning today in California, and they have killed at least nine people. WCBS news time three thirty two. Three statewide races in Florida heading for recounts after a key deadline for county. Election officials to submit unofficial vote tallies came and went today the first round of machine recounts, which must be completed by Thursday sets up a bitter fight to the finish in Florida's racist for the Senate and for governor. And for agriculture Commissioner the most closely watch recount is the Senate race between incumbent Senator Bill Nelson. Who's a democrat and Florida's Republican governor Rick Scott who currently carries a narrow lead of twelve thousand five hundred votes point, one five percentage points in Florida and automatic machine recounts triggered if two candidates or within half, a percentage point of one another if the candidates are within a quarter point of one another then after after that machine recount a hand recount is triggered and in Georgia the race for governor far from over two. I'm Jim crystalline, Atlanta leaders of Democrats Stacey Abrams. Gubernatorial campaign claim Republican Brian Kemp's campaign hasn't been forthcoming Abrahams. Can't pay manager Lauren. Grow war, go. They need to release all the data all the numbers, and they need to count every single vote camp has just over fifty percent of the vote with more than twenty thousand provisional ballots yet to be counted. Jim chrysalis CBS news, Atlanta and account goes on in Arizona to replace the late Senator John McCain seat. Arizona Republicans and Democrats agreed to give rural voters an extra chance to fix problems with their ballots in the count the state's tight Senate race, that's a compromise. After Republicans filed a lawsuit seeking the stop urban voters from using those same procedures and right now democrat Kirstin cinema has jumped into a slight lead over Republican Martha mcsally in the midst of the slow vote count. The race remains too close to call with at least four hundred thousand ballots still uncounted Arizona's notoriously slow at telling ballots, even though about seventy five. Percent of the votes cast cast by mail. Each of those ballots must go through a laborious verification process. Three or four thirty our time at WCBS a Turkey shared recordings linked to the murder of journalist Jamal kashogi with the Saudis, the US and others CBS news correspondent Holly Williams reports on the constantly changing Saudi account of what happened to that journalist initially the Saudis denied all knowledge of has shocked. He's whereabouts of what had happened to him. And it was only more than two weeks after he was killed that they admitted that he had died inside the consulate the Saudis initially said that he had died because he'd been involved in some kind of fistfight or brawl later on they tried to depict it as a quote rogue operation. And then more recently, they have acknowledged that Turkish evidence suggests that this was a premeditated operation. Turkey's arrested eighteen suspects who it says will be prosecuted in Saudi Arabia. I'm sorry Saudi Arabia's arrested eighteen suspects Turkey wants those suspects to be extradited. And this just in this is adding to the election story that we just talked about a moment ago in Florida. We're seeing that CNN is reporting that the democratic candidate for governor, Florida. Andrew gillum is withdrawing his concession in the Florida governor's race as the contest heads to a recount of the CBS news time three thirty six. Remember, we're on the radio and will always be on the radio at eighty. But now you can get us on your smartphone. If you've got the radio dot com. Seven.
Trump says there 'might be an escalation' between US, Iran
"And the new york conversation it's the bbc newshour on wnyc in new york i'm richard hake president trump is forecasting an unspecified escalation between the us and iran trump also says iran is treating the us with more respect though there is no evidence to support trump's claim trump withdrew the us from the iran nuclear deal earlier this year reinstating economic sanctions that had been lifted under a deal among around the us and other world powers in exchange for curbs on iran's nuclear program a guatemalan woman who chose to be deported in order to get her child back says the us has not held up its side of the agreement immigration officers arrested laura's daily on and sees her sixyearold after she arrived at the border to ask for asylum she says officials told her she would be sent home with her child voice of america correspondent celia mendoza says the leon was sent back but her son remains in foster care here in new york she was deported and when she arrived to watch him i let she had no legal representation actually see never had legal representation while she was detained and she signed the papers mendoza spoke on the takeaway she says de leon sign is in foster care at the cow ugo center here in new york and has not seen his mother for two months wnyc discovered that hudson essex in bergen county new jersey collect six million dollars a month to detain immigrants in their jails now mayor steve fulop of jersey city the largest municipality in hudson county says officials should cease negotiations to renew the contract some county officials say the money from immigration and customs enforcement keeps property taxes down but philip says the cash doesn't justify being complicit in president trump's immigration policies i don't think that you should be giving up on your morals or your values to based on revenue federal payments to hudson essex and bergen county's to jail immigrants spiked forty six percent since twenty fifteen mostly sunny today highs near eighty four degrees this is wnyc coming up next on these ira crucial day for brexit the long drawn out process of britain leaving the european union with the publication of the british government circled white paper or proposals for a way forward we'll get find out what this means for london and brussels i returned to japan where severe flooding in western and central japan has led to huge loss of life and widespread damage the prefecture's of okay yama hiroshima and the gucci i've been hardest hit with pictures sharing extensive damage especially in okayama rescue workers are still searching through the wreckage of homes destroyed by flood waters and landslides correspondent report wingfield hayes has been in maybe in okayama prefecture and he managed to get into a house there of course the real tragedy here isn't the loss of property is the loss of life more than two hundred people now either dead or missing including three people in this house behind me here we understand they were elderly a single story house they had nowhere to take refuge everyone we've spoken.
"federal payments" Discussed on Bloomberg Radio New York
"The signing itself probably won't happen before christmas because the build needs to be certified so now the white house is saying it'll probably happen while president trump is at his florida home in mara lago president spoke at a cabinet meeting also said he's going to be finished pretty soon with islamic state that amac samples of proposed border wall soon and with that tax bill eliminating the health insurance mandate he says the tax bill essentially repeals obamacare congress is dealing another blow to that healthcare law republican senators lamar alexander in susan collins say they have a ban and and efforts to force a year and budget bill to restore federal payments to ensures that helped contain premium costs lawmakers say they'll continue the push into next year that marks a retreat for collins she wanted that bill to be enacted this year as a condition for backing the tax bill eight americans two swedes and a canadian are among the dead in a tour bus crash in eastern mexico a statement from the tunnel roof state government says a mexican tour guide was also killed the bus driver injured taken into custody at bush bus crashed yesterday morning on a narrow highway of the weight a mayan ruins global news 24 hours a day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm nathan hager this is bloomberg you and you're finding the lung your life the ultimate reconnaissance mission but you did and he went to protect the lake you've got together through thick and go home be that protector for life with life insurance from usa get a call today at you azeri acom slash life the following is a message from.
"federal payments" Discussed on KQED Radio
"It will have each quarter left over after pin alba's claims in 2014 in 2015 insurance companies are quarterly margin of just about twenty dollars a person that's not a ton of money it's gone up as the obamacare markets to stabilize the atm in 2016 it was about ninety dollars a person so it's definitely getting better but the insurance market's knife cover them since they launched and they've really been a very rocky experience or insurance companies financially they didn't know how to price at first people were sicker than they expected it's only in the past year that insurance companies have made decent profits there but i think of them as a a mixed bag when it comes to financial performance decent profits which which raises the question on the if the insurance companies are losing the federal payments they they began compensating by jacking up the premiums for other people rate raising this premiums a lot in some cases by by double digits couldn't the insurance companies just absorb the costs themselves cut into their profits but not pass it along to consumers yes so one of the things i've learned is a healthcare for porter is insurance companies tend to have relatively low profit margins usually in the three to four percent range that they're definitely is some space but one of the things that surprised me a little bit is state regulators often are the ones saying you have to make those increases they're really worried that insurance companies make it hit with it they claim and not have enough money to pay for it so they want to make sure that insurance companies are getting enough revenue from their premiums to cover that loss to make sure they can actually pat claims the worst case scenario for a state radio later is have an insurance company that just can't pay its medical tells her patience that sarah cliff she is a senior.
"federal payments" Discussed on KTLK 1130 AM
"Reduce subsidies for minnesota care karup the state run health insurance program for low income minnesotans there are developments on that front this week also an eminence bill werner is here with more scott the governor said this week that even with planned cuts in federal subsidies funding for minnesota care should be sufficient through calendar years two thousand eighteen and twenty 19 i can't say definitively vetoes this is a learning washington anything can change it any but it's so by sales for now and thus cars so an appraiser act to further savage affordable care act should throw in their own husband always doing this should be you are finally should be sufficient dayton reiterated quote as things stand today we have the capacity to operate minnesota care through calendar twenty 18 and 2019 but i don't wanna get too far ahead or so because we don't know what's going to happen in washington and she noted dow's twice savage the funding orasje in the basic health plan and then the csr the is uh you know who they're in a call with next significant developments in this area on the federal level this week as top us senators tried to put together a deal to resume federal payments to health insurers president trump who initiated those reductions initially said he supports the agreement adds quote a show shortterm solutions so we don't have this very dangerous little period but the president also indicated he's moving ahead to dismantle obamacare but a deal out even short term federal payments is far from done because some republicans see that measure as propping up obamacare without providing significant health care reforms that they want democratic senator al franken helped broker the proposal we talked to him in washington is this video going to fly and if it does how sooner you guys are going to vote on it well i hope phil because we need to resolve the thing is possible so he can get these cautionary wrote in time for the prices on the market for a two thousand eighteen uh good bipartisan deal and it's good for the people minnesota good for the people a country and if the deal at i'm very proud that i help negotiated the health committee um by continuing sharing remote neither bay that help low income americans pay for their their healthcare it prevent insurance premium uh for everyone and they a cage is going up an average of twenty percent that promote ratko budget office with to save on.
"federal payments" Discussed on KDWN 720AM
"Refused the money into you so that's what's been keeping obamacare flows and what has been kind of mindboggling with all this is insurance companies still aren't making enough money even with the government's infusing money it they're still not making enough money so insurance companies are even believe in the aca exchange even despite all the problems of the promises so a short term bipartisan deal was made with republican senator lamar alexander tennessee and democratic senator patty murray of washington and they have a working on a proposal that will continue federal payments to health insurers for two more years now trump said this is the shortterm solution and we'll get us over the the intermediate huq now that's what i think is originally now he's backing off now of course this came as a response glen as trump had cut funding to four these subsidies last week made an executive order you know basically saying we're done with this the democrats did not like it but he's app a few hours ago or a few hours comprises lace tweet he said he does want a bipartisan deal to continue the subsidies temporarily he said tuesday that the white house had been working with the senators on the stop gap plan what's the point i mean are we is is i i'm still confused what is the point are we trying to repeal and replace obamacare are we trying to accelerate the demise of obamacare are we trying to tick off to the liberals and the.
"federal payments" Discussed on The Ross Report
"Thanks for listening to the roth report download a brand new episodes every podcast one dot com that's podcast on australia inspires of fresh take on life that sees the day mindset reflects in all that out that does especially in the menu outback steakhouse starts fresh every day create the flavors that are meets crave enjoy mouthwatering stakes grilled chicken ribs fresh seafood at the worldfamous blooming onion all it affordable prices down under don't forget out that's unique cocktails winds premium liquors in beer domestic crafty import and osce outback steakhouse his relocated eteri to 900 one one that street across from carry high school mates healthcare deal i'm ed donahue with an 18 minute key senators reached a deal on resuming federal payments to health insurers that president trump has blocked democrat patty murray is one of those senators uncertainty and dysfunction cannot continue president trump spoke favourably about the bipartisan compromise so they are indeed working but it is a shortterm solution so that we don't have this very dangerous little period strong opposition by some conservatives need the fate of the compromise would be uncertain senator john mccain spoke last night it would be a mistake for the us to shrink its role as a world leader president trump responded today on w n a l radio in washington dc i hear it and people have to be careful because at some points eyesight that's being very nice very very nice but at some point eyesight back and it won't be pretty john mccain later responded to the president's statement saying i have faced tougher adversaries i'm ed donahue.
"federal payments" Discussed on KKOB 770 AM
"That he would be with hookers and things like that he said we all knew he was a guy you did not want to be around he said but there is a difference between consensual and not consensual he said we knew that he was a dirt bag he said but everything that we would ever here either came out in a settlement and we would go okay well the court system is working this out there working this out or we would here at thirdhand he said so what what are we supposed to do right adults tweet hey i've heard thirdhand that this is happening this multimillionaire is a is a rapist reich i can't do that and by the way you shouldn't do that right i mean you don't just tweet accusations against them now you heard third ad i think the other part of that too is that because he was such a bad guy had so many enemies it was probably more believable that the worst of it wasn't trichet said he had these enemies that would accuse him of things that were false and that probably added to it as well glad back from your breaking news station ipad l the gop control senate voted fifty forty seven on tuesday to begin debate on the two thousand eighteen budget resolution a procedural step toward laying the groundwork for passing tax reform if the senate passes the budget later this week as his broadly expected it would allow the senate to pass a republican leadership backed tax reform plan with fifty one votes instead of the sixty often needed for major legislation president trump is expressing support for the agreement struck by two leading lawmakers to extend federal payments.
"federal payments" Discussed on WGTK
"We learned a significant amount art there is no doubt about that and hence the training the police department to undergo right now the scenario trainer the undergo right now is in billy on the heels of the lessons we learn their surely key piece of evidence here is going to abate you question when the police cannotify now hypothetically hypothetically the police are notified after paddock start shoot you've got mass chaos right now big key part about when the police could would know where we coming from obviously because you've got muscle clashes coming from the 30second war from a building four or five hundred yards away going to give you the indication where it's coming from theory sponheim it can be predicated upon when they were notified coming up we'll show with the girl scouts allow boys the girl scouts mina y and they have to change the name george folsom advertising dennis prager when the tunnel review continues in a moment news of patrick caused president trump became the first sitting president to address the annual values voters the washington on friday pti said he's bringing back the greeting merry christmas saying it is falling out of favour president says he can take apart the affordable care act even if congress can't mr trump has moved to cut off federal payments to insurers while fires in california chased an estimated ninety thousand people from their homes and destroyed at least fifty seven under domes and businesses afghan officials say us you're on strike has killed fourteen islamic state militants of remote area at afghanistan's eastern kunar province some one hundred firefighters from the islamic state group handed themselves over to us backed fight here's near the northern city of rocket friday as fighting continued with the remaining gunman in the pocket inside the.
"federal payments" Discussed on MSNBC Morning Joe
"Trump's of what what what what was on the more on guide and that's the smart guy so it's gonna be interesting to see as kelly gets more revered to the public as he shows his face more how does that playing donald trump's raging instigator as well there are a couple of big stories out of the white house yesterday the white house us presidential orders yesterday to strike duo blows to president obama's signature twenty twin 2010 healthcare law late last night the administration confirmed it would immediately halt federal payments to health insurers who helped millions with a lower income to afford coverage under obamacare the government paid socalled costsharing subsidies that graham burst insurers who lowered outofpocket costs for customers their subsidies total about seven billion dollars this here in a statement the white house said that they allowed of insurance companies through these unlawful payments is yet another example of how the previous administration abused taxpayer dollars and skirted a law to prop up a broken system the congressional budget office has said that ending subsidies would causing in the short term health care premiums to spike and then insurers would exit the market and they would be an increase to the deficit democratic leader chuck schumer nancy pelosi issued a joint statement that called the move a spiteful act of vast pointless sabotage levelled at working families in the middle class in every corner of america okay so let's let's let's go to casey first second here actually it's probably not pointless in the fact that donald trump is trying to give the democrats attention and saying you want to work together we're going to have to work together five.
"federal payments" Discussed on KQED Radio
"To try to get this done and you could just take a few days to get that package done and maybe we can try to war on matt over the course of the rest of the year to provide a you know a little bit of certainty to these markets you've suggested making medicare available to everyone in the obamacare exchanges that i assume would be a nonstarter at this point in the kind of bipartisan discussion that's been going on in the committee that's to be an idea for right now i go further than that i've actually proposed skip everyone in every business the ability to buy into medicare but that's not what's on the table you my hope is the democrats and republicans are willing to bend that we give them a little bit of what they want which is more flexibility of how these benefits are designed and that they give us what we want which is you know taking the keys away to the healthcare system from president trump so that he can't say taj it and i think that as a deal that could absolutely get done so so to just to translate that into real terms you would democrats want would be a guarantee that these costsharing reductions federal payments to insurance companies so that they can offset ththey of the reductions they're offering people on their health insurance people with lower incomes those would not just be a a a guessing game every month to month to see if they'd be paid and you'd be willing to offer more flexibility to the republicans on on know what would be offered out how flexible you willing to go so one of the things republicans have wanted is an additional plan option on these exchanges something may be called a copper plan that would be cheap burg but would have a lower benefit level we've always been nervous as democrats about watering down the benefit levels but we know it's something that they want so i think it's a really worthwhile conversation to be had to.
"federal payments" Discussed on KQED Radio
"Democrats and republicans are willing to bend that we give them a little bit of what they want which is more flexibility of how these benefits are designed and then they give us what we want which is you know taking the keys away to the healthcare system from president trump so that he can't sabotage it and i think that that's a deal that could absolutely get on so so did just to translate that into real terms you would democrats want would be a guarantee that these costsharing reductions federal payments to insurance companies so that they can offset ththey of the reductions their off hiring people on their health insurance group with lower incomes those would not just be a guessing game every month to month to see if they'd be paid and you'd be willing to offer more flexibility to the republicans on on what would be offered out how flexible you willing to go so one of the things republicans have wanted is an additional plan option on me these exchanges something may be called a copper plan that would be cheaper but would have a lower benefit level we've always been nervous as democrats about watering down the benefit levels but we know it's something that they want so i think it's a really worthwhile conversation to be had to get vat certainty that you're talking about in exchange for perhaps a cheaper more catastrophic looking like plan on the exchanges available to a broader number of people i don't like that personally but i understand mrs gotta be a compromise and that is i think of the foundation of a potential gone from us so that perhaps there the healthy twenty eight year old who rode doesn't have many that health conditions would be able to buy protection against some catastrophic elmadi much of and also targeted towards those people that are making just enough money to they don't qualify for the subsidies those folks that are making you know above four hundred percent of.
"federal payments" Discussed on WNYC 93.9 FM
"The more flexibility to design innovative benefits which is something republicans wanted in we were at the finish line republicans walked away to try to get this done and i'm hopeful that lamar alexander will sit back down at the table i think it could just take a few days to get at packaged done and maybe we can try to work on that uh over the course of the rest of the year to provide a you know a little bit of certain t to these markets senator alexander of course the tennessee republican is the chair right you've suggested making medicare available to everyone in the obamacare exchanges that i assume would be a nonstarter this point in the kind of biparti in discussion it's been going on in the committee that's to be an idea for right now i go further than that i've actually proposed giving everyone in every business the ability to buy into medicare but that's not what's on the table and you're my hope is the democrats and republicans are willing to bend that we give them a little bit of what they want which is more flexibility of how these benefits are designed and the they give us what we want which is you know taking the keys away should healthcare system from president trump so that he can't sabotage it and i think that that's a deal that could absolutely get on so so it just to translate that into real terms you were democrats want would be a guarantee that these costsharing reductions federal payments to insurance companies so that they can offset the of the reductions they're offering people on their health insurance people with lower incomes those would not just be a guessing game every month to month to see if they'd be paid and you'd be willing to offer more flexibility to the republicans on what would be offered how flexible you willing to go so one of the things republicans have wanted is an additional plan option on these exchanges something may be called a copper a plan that would be cheaper but would have a lower benefit level we've always been nervous as democrats about watering down the benefit levels but we know it's something that they want so i think it's a really worthwhile conversation to be had to.
"federal payments" Discussed on WGN Radio
"And staff in chicago will not have jobs this year of chicago public schools district is laying them off it says there's not enough money of the budget the pay them it's also delaying the announcement of its upcoming budget says it will wait until lawmakers in springfield decide how much state aid will go to chicago the public corruption trial for lake county at the end of sheriffs underway began yesterday the assistant u s district attorney there says fear of john byun it put money back pocket their pay off his campaign deaths prosecutors told jurors though hero audio recordings of the sheriff accepting bride money and a group of bipartisan healthcare experts are urging lawmakers in washington to take urgent steps to shore of obamacare slow rising premiums there pushing the trump administration to continue federal payments to insurers president trump is threatened the block those payments but the group says trump and lawmakers should find the way for people to buy coverage in the handful of counties that they have nowhere insurers by next year they'll all have pulled out by then in the federal and state insurance exchanges created by president trump's uh rather president obama's statute or the analyst want the administration to continue urging people to sign up for policies and helping them and which was stressed under obama the trump administration has signaled it might curtail those outreach programmes is tricky roadways with wgn traffic in mary van de velde inbound edens watch right accidents alston two left lanes reportedly blacked with that otherwise the kennedy moving along just fine aligned with the eisenhower now they delays yet stevenson dan ryan is building from roosevelt they said it it clear 57 some backups from that one hundred and fifteen no delays on any of the.
"federal payments" Discussed on NPR News Now
"I turned out to be right let obamacare implode health insurance experts say markets in many states are actually stabilising not imploding but they're concerned that the trump administration could undermine those markets by halting federal payments that help insurers keep costs down for people with lower incomes toll rose npr news new york lewis economy showed signs of shifting into higher gear during the spring the commerce department announcing the gross domestic product that's the measure of goods and services moving through the us economy rose at a two point six percent annual rate diane swonk is ceo of d s economics says much of that rise was due to increase spending on the part of consumers charlotte nick fact in vehicles people in minute at crater to come down if i bigger more extension because it either now unit vehicle sales fell between the first and second quarter the actual stanley we get our nam increased government says its initial look at second quarter gdp shows an increase more than double what was logged in the first quarter while the unemployment rate remains at or near historic lows wage and compensation gains for the most part of stayed somewhat anemic labor department says total compensation which is mostly made up of wages and salaries was up just a half a percent during the april through june period some analysts have predicted that with unemployment at 44 percent employers might have begin raising worker wages soon to attract employees a'mixed under the week on wall street the dow is up thirty three points to twenty one thousand eight thirty the nasdaq closed down seven points today you're listening to npr.
"federal payments" Discussed on Can He Do That?
"So if you look at donald trump statements over the last few months use sort of see this growing recognition on his part that it's very very hard to cover a lot of americans with out a lot of government involvement and so i think he was privately very dismayed when he saw the rolling back of federal medicaid spending in the senate bill and that's why you saw his comments about it sort of being mean en en coldhearted you know trump praised single payer systems up until the time that he ran i think he envisions a much more expansive role for government in providing health insurance to people and that's really at odds with the vision of republicans and i think that you see that trend of coming out as he looks at the legislation that they they've come up with what about his point that obamacare will implode willett a lot of the marketplaces or in pretty serious trouble for twenty eighteen if you look at certain states uh i was one of hios one miseries one washington state is one where there are counties where people may not have any obamacare insure option on the marketplaces or only one it's really a regional issue as insurers have kind of looked at what the makeup of enroll lease art by county in state and so you can sort of make the case both ways but i think there is pretty wide recognition that ensures me more certainty if they're going to stay in these marketplace's the senate bill would actually continued these extra federal payments for costsharing reductions for two years and so one you know selling point for this for this bill is the cbo said that it actually would do go pretty far toward stabilising the individual market place over the next two years by sort of providing insurers with that certainty about what is going to come down the pipeline in so probably the best thing that republicans could do right now for the marketplace's get their act together and figure out whether they're gonna passes bill or not how influential is trump actually in this so.
"federal payments" Discussed on KBOI 670AM
"The senators from those states style that are bucking the bill that would reform medicaid no um if that hold up i mean they took the medicaid kool aid um and if that whole job done some of the state uh our led by republican governors wakeup florida governor scott that did not take the expansion are almost in evidently going to have to sign on to it or rather than be disadvantaged uh by the new socalled republican uh healthcare bill if that happens um you're gonna see we all the basic alevi oh expansion of medicaid uh put federal payments to all the states dumping that you'll never be able to repeal dumped on the the democrats have been trying to achieve four years uh but the now they're going to do it um at oh with with the the republican senate um which raises the question of uh what did people elect the republican congress to do than the 2016 election obamacare was wildly unpopular and now the republicans are showing themselves incapable of passing oh true reform bill and i have does raise really serious question sean for just what the the republicans think they're will is now in in the american political system if the republicans cannot pass this with fifty two land sixty two seats to pass this the republicans got knocked pass this the president doesn't need republicans he can go shopping as if the idea of passing this is to leave the tax obamacare the president can go shopping for votes in the democratic side and really not change the landscape certainly give power to mr schumer give momentum to mr schumer but not change the landscape if what if what we got with cruz and heller is the cap gains tax why not go see from get a better deal with schommer yeah well i don't think ted cruz current did all he would not be a supporter of all we revoke the capital gain right now he's the balance habitat halard that's why i was using yes and as a host thing though i mean uh the bill has been designed so as not to lose votes saw among the moderates or on the other side a monitor conservative so now they're out completely on balancing ended in a way that probably makes it likely they're not going to be able to pull.
"federal payments" Discussed on WGN Radio
"So i guess so now we reach out to elizabeth rosenthal she's been on our show before the editor in chief of kaiser health news and the author of the book in american sickness which talks about this very subject it's a great book on our health care crisis these days elizabeth welcome back to wgn how are you thanks for having me are busy here sitting here between the white house in capitol hill what are you reading today how is the bill changing and kinda give me some of the highlights well the third that it in some cases goes further than the house bill and in some cases role sit back but i think the thing that concern people about the house belle are still very concerning in the senate bill on it it it drastically reduces federal payments for medicaid we like to think of data as out at the insurance for the poor low income folks but in fact it covers much of the nursing home care in the united states for people like me the people who go into nursing homes with insurance or with medicare and then because people are living a lot longer and because helped carry so terry expensive in our country they run out of those benefit to end up on medicaid health or anyone who would think well this stuff about rolling back medicaid payments it's just about other people if really about all of that what would happen to medicaid payments under this well what happens is an end both the house and the senate bill do this in various ways and in with areas timescales is there's a cap on what the federal government will pay for medicaid i'm right now they they match state i'm under her the affordable care act they actually expanded payments for medicaid allowing people in with more it a book who were above the federal poverty level on natural all scheduled to go away and really the difference between the house still on the senate bill is how fast it goes away how quickly it goes away and you know what they're trying to do is kind of thread that needle to keep a lot of different conservative moderate happy and there's some indication it's so far they kept no unhappy if you drive people to poverty though i mean if they have to spend all of their money all of their assets liquidate everything to keep.