Day 91: Trump Attempts Health Care Compromise
As Trump’s 100-day mark quickly approaches, the president aims his scorn at Canada’s trade policies while House Republicans got to work trying to amend and pass another health care bill.
Republicans Carefully Add Amendment to Trumpcare
- The health care bill that failed a few weeks ago is being hastily amended, including compromises by House Republicans.
- Changes include adding a waiver system for states that wished to do health care differently.
- Many see this as an attempt to get a victory on the books before Trump passes the hundred-day mark, according to ABC News.
One official at the White House said that the goal was to get a vote on the bill next week; however, there were some doubts that would happen. Dave Brat is one Freedom Caucus member who was vehemently opposed to the first iteration of Trumpcare, but stating the current version of the amendment looks “very promising.”
The bill’s changes seem to be designed to appeal to Freedom Caucus conservatives like Brat, but chances are the next attempt will still remain Obamacare 2.0.
Trump Talks Tough on Canada; Vows to Negotiate Better Deals
- At a meeting Thursday, Trump called Canada’s treatment of US a “disgrace,” according to CNBC.
- Canada is one more nation in a long line of allies that Trump is trying to hold accountable for taking unfair advantage of the US.
“We’re not going to let Canada take advantage,” Trump stated following a meeting with some steel industry execs, adding that Canada was also damaging US timber industry job.
The tough talk comes as the president attempts to revive his tough stance on NAFTA. In Wisconsin, he spoke out against what he sees as the Canadian advantage, claiming NAFTA provided our neighbors to the north with “another typical one-sided deal against the US.” He then promised such a deal would not “be happening for long.”
When No One is Shopping, “Buy American” Becomes a Hard Sell
- This week, the president was in Wisconsin, pushing his agenda to “Buy American.”
- Unfortunately, retail sales have dropped in the past few months, according to CNN Money.
- The first three months of 2017 are on track for an incredibly low 0.5% growth overall.
Trump continues to take credit for the short-lived rise in economic confidence following his election. While surveys tend to agree that market confidence and optimism are on the rise, it’s yet to convert to dollars spent by consumers.
Americans seem to be in a conservative stance with their money, voting with their wallets to wait and see what happens with the Trump economy before they make any major decisions. However, a tipping point may not come until Trump passes key fiscal reforms (i.e. tax and foreign trade) he promised during the campaign.