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    Obamacare

    Obamacare has been an economic and political nightmare.

    It's inflicted enormous damage on the American economy and tens of millions of Americans whose medical care has been turned upside down in the name of providing another entitlement without asking anything in return of the recipients.

    It's increased medical costs, deprived Americans of their chosen physicians and treatments, and contributed to a culture of dependency that has no place in a land of liberty.

    And now, in 2016, it's about to gut municipal bonds.

Article Index

Obamacare

Why the 62nd Time Was the Charm for the GOP to Repeal Obamacare

Since the ACA's 2010 initiation, Sen. Mitch McConnell of Kentucky has been a driving force behind the GOP Senate's Obamacare repeal process.

Yesterday, the Republican-controlled Senate voted to repeal Obamacare.

The overall vote was 52 to 47. It was the 62nd vote to repeal all or part of the 2010 statute.

Here's a look at the creative ways and means the GOP took to get it this far, and what will likely happen next...

This Obamacare News Is One of the Law's Worst Omens to Date

money-plus-sign clouds storms

UnitedHealth Group Inc. (NYSE: UNH) CEO Stephen J. Hemsley unleashed a bombshell of Obamacare news when he announced that his firm is considering a 2017 exit from the exchanges created by the Affordable Care Act.

This devastating Obamacare news confirmed suspicion that the major insurers aren't doing well with their ACA plans.

So what the heck is going on?

Frankly, it's something the ACA's critics have long predicted...

Is Obamacare Working? This Report Card Says It's Failing

doctors

Today is Oct. 1 - the two-year anniversary of when the Obamacare healthcare exchanges opened for business. So it's a good time to assess the healthcare law.

Some of Obamacare is working. But some parts of the Affordable Care Act have not worked as intended, and some are simply failing altogether.

Here's a full report card on how well Obamacare is working - or not...

Will Republicans Replace Obamacare? Here Are Their Alternatives

2016 Presidential Election

Wisconsin Gov. Scott Walker and Sen. Marco Rubio (R-FL) have both submitted their ACA replacement proposals for the public's scrutiny. Now that these two have revealed that they intend to repeal and replace the Affordable Care Act, it's likely that the rest of the GOP candidate brigade will proffer their own versions. Money Morning intends to keep you fully up-to-snuff on what each presidential hopeful proposes.

Here are the highlights from every Republican's Obamacare replacement plan so far...

BREAKING: Millions Impacted by This Week's Obamacare Ruling

obamacare ruling premium

The Obamacare ruling in the King v. Burwell Supreme Court case is expected this week. It's a decision could impact more than 7.5 million Americans.

Money Morning Chief Investment Strategist Keith Fitz-Gerald has called this decision the "nightmare" scenario for what it could do to citizens and the U.S. economy.

But you don't have to get caught off guard. In fact, you can profit from it

WARNING: The June Obamacare Ruling Will Impact Millions in These States

Obamacare ruling

By the end of June, more than 7.5 million Americans could see their Obamacare premiums skyrocket.

That's when the Supreme Court is expected to rule on King v. Burwell. It's an Obamacare ruling that asserts that Affordable Healthcare Act (ACA) subsidies only apply to citizens who purchased their insurance over a state-run exchange.

King v. Burwell wants to invalidate those subsidies.

Here are the top 10 states that could see the most people impacted by this decision...

Get in on These Healthcare Stocks Now Before Key Obamacare Ruling in June

healthcare stocks

The U.S. Supreme Court will be ruling on a crucial Obamacare case in June. This is highlighting a profit opportunity: a quick and dirty play on healthcare stocks.

Today (Wednesday), the high court heard oral arguments in King v. Burwell. The ruling could deliver a deathblow to President Barack Obama's signature Affordable Care Act.

But it's also providing investors with a chance to play healthcare stocks for short-term gains...

Congress in 2015: What President Obama Can Expect from the GOP

Congress in 2015

The 114th Congress is now in session. U.S. President Barack Obama for the first time faces a Congress that has Republicans running both chambers.

What President Obama can expect from the GOP Congress in 2015 will matter to investors. Many issues on the agenda, such as corporate taxes, trade, and a higher minimum wage will impact stocks.
Given the gridlock of recent years, the easy assumption is that nothing will get done. But the two sides have more incentive to work together in 2015.

Here's look at what will be on Washington's plate this year...

The Obamacare Lies That Duped America

Obamacare lies

The Affordable Care Act was always too good to be true, but speaking the truth is bad medicine for controversial laws.

Now we know that the Obamacare lies of the past six years were calculated, intentional, and crafted to fool what the healthcare law's creators assumed to be an ignorant American public.

We know this because one of the ACA's central architects, Jonathan Gruber, an MIT professor, has said so in at least a half a dozen videos that recently surfaced on the Internet.

Were it not for these Obamacare lies, the ACA would have been strangled in its crib...

Obamacare Facts: Who to Blame and How to Profit as Healthcare Costs Soar

obamacare facts

Obamacare facts: As the fall enrollment period for healthcare coverage approaches, it's becoming clear that almost everyone is going to be paying more come January 2015.

Premiums are going up, co-pays are going up, and deductibles are going way up. The health insurance companies and most large employers say that the Affordable Care Act is to blame.

But the truth is far more complicated...

What the Hobby Lobby Ruling Means for Obamacare

20140630-Supreme-Court-Obamacare-Ruling

A Supreme Court Obamacare ruling in the hotly contentious Burwell v. Hobby Lobby case was just issued this morning (Monday).

In a 5-4 ruling, the High Court decided that closely held, for-profit corporations can choose to opt out of the Obamacare provisions that require employers to provide no-cost contraceptive prescriptions to employees.

Here’s what the Hobby Lobby Obamacare decision means for U.S. healthcare – and your wallet…

Dow Jones Today: All Eyes on Obamacare Ruling

Dow Jones Today

Dow Jones today, June 30, 2014: The Dow Jones Industrial Average was flat on Friday despite a rise in consumer sentiment. This week, look for a heavy slate of economic reports, including the June unemployment report, factory orders, and the ISM manufacturing composite index.

Here’s the news moving the Dow Jones today:

Obamacare: This One-Act Tragedy Is Nothing but a Bill of Goods

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The future of Obamacare isn't bright.

That's because the Affordable Care Act is going to be anything but affordable. It's going to get more and more expensive, as if it's not already outrageously overpriced hype.

What is Obamacare, really? It's a make-richer scheme for insurance companies.

And while you can bet you'll see a premium increase this year, the real pain will begin in 2017 - and then get progressively worse.

This is an abomination...

These Stocks Will Prosper Regardless of Obamacare's Fate

Now that all the key deadlines for Obamacare have finally taken effect, a lot of tech investors are busy trying to figure out how this will affect their portfolios.

It's easy to see why. This is the largest and most fundamental change to hit the healthcare sector in decades.

Not only that, but Wall Street is currently trying to pick the winners from the losers - and frankly isn't doing a particularly good job of it.

Fact is, Obamacare is at least partly responsible for some of the biotech sector's recent sell-off... Full Story

Obamacare Premiums in 2015 to "Skyrocket"

Obamacare money

The headaches from Obamacare's rocky rollout are not going to end any time soon - if ever. Yesterday healthcare industry officials let slip that premiums in many states will "skyrocket" in 2015. And when they say "skyrocket," they're talking about rates that

almost no one can afford...