Deal or No Deal on Health Care

Don’t miss our next trade idea. Get on the Bear Traps Report Today, click here

*HOUSE DELAYS VOTE ON HEALTH CARE BILL AMID DOUBTS IT CAN PASS

House leaders delayed a scheduled vote on their embattled health-care bill as conservatives mulled a deal proposed by the Trump administration aimed at winning Republican holdouts’ support.

The House had been planning to hold a vote Thursday, but a senior GOP aide says that will be delayed. A Republican leadership notice said that votes are now possible Friday. – Bloomberg

*WHITE HOUSE MADE FINAL OFFER TO FREEDOM CAUCUS ON HEALTH BILL

*SPICER: NUMBER OF SUPPORTERS OF HEALTH BILL IS CLIMBING

*SPICER: TRUMP LOOKING FORWARD TO HEALTH-CARE BILL VOTE TONIGHT

White House spokesperson and implies vote still scheduled for tonight.   There’s some doubt if the vote is still on since there’s still no deal with Freedom Caucus.

S&P 500

SPX Freedom *FREEDOM CAUCUS MEMBERS SAY NO DEAL MADE: THE HILL

Markets were optimistic today’s discussions between the OMB Director and the head of the Freedom Caucus re: eliminating essential health benefit requirement under Obamacare would corral the necessary Freedom Caucus votes. But GOP moderates are beginning to defect now amid the uncertainty in what final healthcare coverage that produces.  As moderates ultimately fall in line, the GOP still needs the entire Freedom Caucus.  This put pressure on the White House to make a final offer.  The GOP cannot afford to take this bill too far to the right, that will just kill its chances in the Senate.

 

Don’t miss our next trade idea. Get on the Bear Traps Report Today, click here

 

Facebooktwittergoogle_plusredditlinkedintumblrmail

Facebooktwitterrssyoutube