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Filtering by entity: Health insurance companies | Clear Filter
Summary:Lindsey Graham states that taxpayer dollars should not be used to fund health insurance companies under Obamacare to resolve a government funding issue, calling Senator Schumer's demands for a bill including healthcare affordability an act of political hostage-taking. Graham asserts that Obamacare has led to significant increases in health insurance company stock prices and premiums, contrary to earlier promises, and indicates his vote will reject Schumer's proposal.
Sentiment:Critical
Key Claims:
- Health insurance companies should not be funded with taxpayer dollars under Obamacare as a condition to open the government.
- Senator Schumer's demands are ridiculous and constitute political hostage-taking.
- Obamacare has caused health insurance companies' average weighted stock prices to increase by over 1000%.
- Health insurance companies are the biggest beneficiaries of Obamacare.
- President Obama promised in 2010 that healthcare premiums would decrease by $2500 per family.
- Healthcare premiums under Obamacare increased over 100% from 2013-2019.
- Lindsey Graham's vote will be an unequivocal rejection of Senator Schumer's plan.
- Democrats are prepared to pass a government funding bill that incorporates healthcare affordability.
- Leader Thune must include a clean one-year extension of the ACA tax credits in the Continuing Resolution (CR).
- Senator Schumer is unveiling the Democratic plan to end the shutdown.
Potential Market Impact (S&P 500):4/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:3/10
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