Image

BREAKING: Estimated 23m Americans Would Lose Health Insurance Under Republican Bill: CBO

Yasmeen Abutaleb

FILE: President Donald Trump, flanked by House Ways and Means Committee Chairman Rep. Kevin Brady, R-Texas, and House Speaker Paul Ryan of Wis., are seen in the Rose Garden of the White House in Washington, Thursday, May 4, 2017, after the House pushed through a health care bill.© AP Photo/Evan Vucci FILE: President Donald Trump, flanked by House Ways and Means Committee Chairman Rep. Kevin Brady, R-Texas, and House Speaker Paul Ryan of Wis., are seen in the Rose Garden of the White House in Washington…WASHINGTON – An estimated 23 million people would lose health coverage by 2026 under Republican legislation aimed at repealing Obamacare, a nonpartisan congressional agency said on Wednesday in the first calculation of the new bill’s potential impact.

The report from the Congressional Budget Office also said federal deficits would fall by $119 billion between 2017 and 2026 under the bill, which was approved this month by the Republican-dominated House of Representatives. The CBO score raises the stakes for Republican senators now working on their own version of the legislation.

House Republicans came under sharp criticism for passing the bill before the CBO could make its assessment. The Trump administration already has relied on the House bill’s healthcare spending cuts in its proposed federal budget.

The bill is called the American Health Care Act and would fulfill a long-running Republican goal – repealing and replacing much of former President Barack Obama’s 2010 Affordable Care Act, commonly called Obamacare. President Donald Trump, who made replacing it a key campaign promise in 2016, and other Republicans say Obamacare is too costly and creates unwarranted government interference in healthcare decisions.

Congress is aiming to pass the bill under a process called reconciliation, which requires only a simple majority of votes in the Senate, where Republicans hold a 52-48 majority, instead of 60 votes. Under those rules, all elements of the bill must have a direct budgetary impact or else they must be stricken from the legislation.

A group of 13 Republican senators led by Senate Majority Leader Mitch McConnell are expected to draft their own version of the healthcare bill in the coming months. McConnell, however, told Reuters on Wednesday he does not yet know how Republicans will have the necessary votes.

The CBO said federal deficits would fall by $119 billion between 2017 and 2026 under the Republican bill.

The bill would eliminate most Obamacare taxes that help subsidize private health coverage for individuals, roll back the government’s Medicaid health plan for the poor and disabled and replace the law’s income-based tax credits for buying medical coverage with credits based on age.

The new CBO score predicts the AHCA would cover 1 million more Americans than a previous version of the bill, which the agency estimated would have left 24 million more people uninsured than Obamacare in 2026.

In the weeks leading up to the House vote on May 4, two controversial amendments were added to the bill that ultimately helped secure its passage, including one that was added the day before the vote.

One amendment would allow states to opt out of a popular Obamacare provision that prevents insurers from charging people with pre-existing conditions higher rates, as well as one that required insurers to cover 10 essential health benefits such as maternity care and prescription drugs.

Another amendment allocates an additional $8 billion over five years to help people with pre-existing conditions cover medical costs.

Trump promised to repeal Obamacare immediately upon taking office in January but replacing the program that provided health insurance to 20 million people poses political risks.

Hospitals could lose significant revenue because far fewer people will have insurance and insurers are worried about the affordability of the tax structure and proposed major changes in Medicaid financing.

The Republicans’ first attempt at undoing Obamacare resulted in a setback for the Trump agenda in March. Conservative and moderate Republican factions in the House were opposed to the initial legislation and the leadership decided not to put it up for a vote.

They found a consensus through the opt-out amendments on pre-existing conditions, which adds $8 billion for sufferers, and the essential health benefits and passed it on May 4.

(REUTERS)

http://www.twitter.com/RNNetwork1

Continue reading

Image

BREAKING: 19 Dead, 50 Injured In Blast At Ariana Grande Concert In Manchester Arena, UK

 


MANCHESTER, England, May 22 (Reuters) – A blast on Monday night at a concert in the English city of Manchester where U.S. singer Ariana Grande had been performing left at least 19 people dead and about 50 injured in what British police said was being treated as a terrorist incidentPolice said they were responding to reports of an explosion and that there were a number of confirmed fatalities and others injured at the arena, which has a capacity for 21,000 people.

A witness who attended the concert said she felt a huge blast as she was leaving the arena, followed by screaming and a rush as thousands of people trying to escape.

“We were making our way out and when we were right by the door there was a massive explosion and everybody was screaming,” concert-goer Catherine Macfarlane told Reuters.

“It was a huge explosion – you could feel it in your chest. It was chaotic. Everybody was running and screaming and just trying to get out.”

Witnesses reported that many children were at the concert.

Manchester Arena, the largest indoor arena in Europe, opened in 1995 and is a popular concert and sporting venue.

A spokesman for Ariana Grande, 23, said the singer was “okay.” A video posted on Twitter showed fans, many of them young, screaming and running from the venue.

Britain is on its second-highest alert level of “severe” meaning an attack by militants is considered highly likely.

Continue reading

Image

BREAKING: Obasanjo Arrives Borno State For A Two-day Official Visit (Video)

By Ike A. Offor,
The former president, Olusegun Obasanjo has just touched down in Borno state for a two-day official visit. He was received by the Borno state governor Alhaji Kashim Shettima.
The reason of his official visit is not yet known at the time of this report.
Gov. Kashim Shettima was obviously happy about receiving him in the state and said so in his own words.
‘I just received Former President Olusegun Obasanjo at the Maiduguri International Airport. The Former President is in the State for a two-day official visit’, he said.
MORE DETAILS LATER……..

Continue reading

Image

BREAKING: Gov. Amosun Narrowly Escaped Death In A Major Accident

Eromosele Ebhomele

– The convoy of bullion vans belonging to the Central Bank of Nigeria ran into Ibikunle Amosun’s convoy as the governor was travelling to Lagos

– The governor’s official car as well as other vehicles in the convoy were affected as Amosun expresses disappointment

Governor Ibikunle Amosun of Ogun state narrowly escaped death on Thursday, May 11 as a bullion van of the Central Bank of Nigeria (CBN) reportedly rammed into his convoy along the Lagos-Ibadan expressway.

The governor was travelling to Lagos state on official assignment when the accident occurred at the Ibafo area of Ogun state.

A statement by Juwon Soyinka, the senior special assistant on media, obtained by NAIJ.com said the governor’s officical car, his escort and other vehicles in the convoy were affected in the process.

BREAKING: Governor Amosun escapes death in a major accidentGovernor Amosun said he had constantly warned CBN bullion van drivers against recklessness

“On sensing danger, the Ogun governor’s escort commander used a public address system mounted on his vehicle to warn the CBN convoy to desist from such reckless driving.

“Not only was the governor’s escort commander ignored, the CBN convoy drivers went ahead to crush his vehicle and subsequently went after other vehicles in the Governor’s convoy, including the governor’s official car, before they were brought to a halt by the security team attached to the governor.”

The statement quoted the disappointed Governor Amosun as saying: “This is lawlessness and the height of impunity.

“If this could happen to a governor within his territory, you can imagine what they would do to our citizens who are simply going about their legitimate business.”

Governor Amosun lamented that bullion van drivers always conducted themselves recklessly on the road adding that this would no longer be tolerated in his state.

According to the governor, “we will not allow such senseless and reckless behavior in Ogun state.”    (Niaj.com)

http://www.twitter.com/RNNetwork1

Continue reading

Image

BREAKING: Trump Has Fired FBI Director, Comey – White House (video)

 

FILE: FBI Director James Comey arrives to testify before a Senate Judiciary Committee hearing on "Oversight of the Federal Bureau of Investigation" on Capitol Hill in Washington, U.S., May 3, 2017.© REUTERS/Kevin Lamarque FILE: FBI Director James Comey arrives to testify before a Senate Judiciary Committee hearing on “Oversight of the Federal Bureau of Investigation” on Capitol Hill in Washington, U.S., May 3, 2017.

Breaking news alert:

WASHINGTON – President Donald Trump on Tuesday fired FBI Director James Comey in a shock development, saying Comey was no longer able to effectively lead the agency.

“It is essential that we find new leadership for the FBI that restores public trust and confidence in its vital law enforcement mission,” he said in a letter to Comey released by the White House.  REUTERS

 

http://www.twitter.com/RNNetwork1

Continue reading

Image

BREAKING: Buhari meets Osinbajo, Dogara ahead of medical trip to London

 By Ike A. Offor

President Muhammadu Buhari on Sunday night, May 7, prior to his medical trip to London, received Vice President Yemi Osinbajo, Senate president Bukola Saraki and the Speaker House of Representatives, Yakubu Dogara.

Mr President shared some photos of his meeting on his Twitter handle and wrote: “This evening at home I received Vice President Professor Yemi Osinbajo, Senate President Abubakar Bukola Saraki and Speaker House of Representatives Rt. Hon. Yakubu Dogara, ahead of my Trip to London tonight.”

He also said: “I have absolute confidence that Government will continue to function smoothly while I’m away. God bless the Federal Republic of Nigeria.”

Buhari meets Osinbajo ahead of his medical trip to London                            Buhari with Osinbajo prior to his medical trip to London

Buhari all smiles after a meeting with Osinbajo, Saraki, Dogara ahead of his medical trip to London

Buhari shares smiles with Osinbajo

Buhari meet Osinbajo, Saraki, Dogara, others ahead of his medical trip to LondonBuhari meets Osinbajo, Saraki, Dogara, others prior to his departure to London for medicals

Buhari meet Osinbajo, Saraki, Dogara, others ahead of his medical trip to LondonBuhari with Osinbajo, Saraki, Dogara and others before he left for London for medicals

http://www.twitter.com/RNNetwork1

Continue reading

Image

BREAKING: Former Minister Of State For Defence, Obanikoro Joins APC

breaking-news

The former minister of state for defence and former Lagos state gubernatorial candidate of People Democratic Party, PDP, has  decamped from PDP to APC.

Musliu Obanikoro who is dealing with case of graft brought against him by the EFCC  has refunded a large sum of money he allegedly stole while he was the minister of state for defence under the immediate past administration of Goodluck Jonathan.

A Source very close to the party informed The Republican New reporter about his move to APC.

It has been alleged by the public that many members of PDP and other opposition parties members, who feel that their hands are not clean with regards to economic crimes and other forms of corruptions quickly decamp to APC to avert the actions of EFCC.

Though, this has been disputed by APC, but it is very plausible indeed.

This is a developing story, and we will bring you the update later.

DETAILS LATER…………..

http://www.twitter.com/RNNetwork1

Continue reading

%d bloggers like this: