Tag: Chuck Schumer

President Trump tweeted Saturday he is "very proud" of his recently-signed executive order on health care. “Very proud of my Executive Order which will allow greatly expanded access and far lower costs for HealthCare,” Trump tweeted. “Health Insurance stocks, which have gone through the roof during the ObamaCare years, plunged yesterday after I ended their Dems windfall!” Trump tweeted. CNBC reported Friday that two large insurance companies, Centene and Anthem, saw their stocks drop after Trump’s announcement. Trump signed an executive order Thursday which seeks to expand the ability of small businesses and other groups to join together in purchasing health insurance through association health plans. The order directs agencies to write new rules. Experts warned the order could destabilize the ObamaCare markets as cheaper, less-effective plans could drive people away from ObamaCare plans. The payments are worth an estimated $7 billion this year and they subsidize insurance plans for low-income people. Insurers have said that, without the payments, they will either have to increase premiums or exit the individual markets.

Senate Minority Leader Chuck Schumer (D-N.Y.) on Sunday told House Speaker Paul Ryan (R-Wis.) to “get real” on tax reform following the Republican unveiling of its plan to overhaul the tax system. “GOP #TaxReform plan & what @SpeakerRyan says about it are 2 diff things. Says plan is for middle class but 80% is for wealthy-Get real Paul,” Schumer tweeted. President Trump and congressional Republicans last week unveiled the framework for a new tax plan, which includes cutting the number of individual tax rates and lowering the corporate tax rate. Trump has billed the plan as one aimed at helping the middle class. But Ryan during an appearance on CBS’s “Face the Nation” would not promise that every individual in the middle class would receive a tax cut under the new plan. "Well, I don't know every single person's little, small problem or issue," Ryan said.

In Stunning New Deal with Democrats, Trump Agrees to Be Impeached. WASHINGTON (The Borowitz Report)—In his most stunning deal yet with Democratic leaders, Donald Trump agreed on Friday to be impeached by the end of 2017. Emerging from an Oval Office meeting with Senate Minority Leader Charles Schumer and House Minority Leader Nancy Pelosi, a beaming Trump touted the deal for his imminent removal from office. “Chuck and Nancy and I got a deal done on impeachment,” Trump said. “It was a good deal and it was a fast deal.” Trump said that the Democrats had convinced him that agreeing to be impeached would make him soar in popularity. “People are going to love me for doing this,” Trump said. “They’re going to love it on all the channels.” In a barb aimed at House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell, Trump said that the impeachment agreement was something he “never could have gotten done” with the Republican leadership. “I went around and around with the Republicans for months on health care,” he said. “This meeting with Chuck and Nancy took, what, five minutes, and I could get back to watching TV.” Hoping to capitalize on their momentum, Pelosi and Schumer said that they would meet with Trump next week to discuss the ouster of Vice-President Mike Pence.

Schumer, Pelosi, Trump 'agree' to fix DACA, disagree on the details. Washington (CNN)Democratic leaders Sen. Chuck Schumer and Rep. Nancy Pelosi said following a Wednesday night meeting with President Donald Trump that they have "agreed" to a fix on DACA and resolved to iron out a border-security plan -- "excluding" the US-Mexico border wall that was one of Trump's most memorable campaign promises. In a statement following their White House dinner, Schumer and Pelosi said the parties had "agreed to enshrine the protections of DACA into law quickly, and to work out a package of border security, excluding the wall, that's acceptable to both sides." A deal, if it holds, would be the second major agreement between Trump, Schumer and Pelosi this month, following their pact last week to raise the debt ceiling and extent government funding into December that left the GOP and some of Trump's closest allies flabbergasted. Congressional Republican leaders were absent from Wednesday's dinner, which featured Chinese food and chocolate pie for dessert, sources said, and it is unclear how they will respond to the tentative deal or proceed with legislation. Trump may also face fire from the right and his base for making a deal so quickly on DACA that doesn't include the border wall, his signature issue during the campaign. "While DACA and border security were both discussed, excluding the wall was certainly not agreed to," Sanders said. "The President made clear he would continue pushing the wall, just not as part of this agreement," House tweeted. Making a deal that finds a way to keep the individuals who benefit under DACA in the United States shows the challenge of striking bipartisan deals in Washington. "It's the beginning of a listening that the President asked us to do," McCarthy said.

Dems ready to deal with Trump — but it's complicated. But in a move that stunned Washington, the pair, joined by House Minority Leader Nancy Pelosi (D-Calif.), united on Wednesday to secure a short-term deal to fund the government, raise the debt ceiling and provide aid to the victims of Hurricane Harvey — a proposal initially opposed by Senate Majority Leader Mitch McConnell (R-Ky.) and House Speaker Paul Ryan (R-Wis.). Trump and Schumer built on the nascent alliance by agreeing to seek reforms that would altogether eliminate the need for Congress to hike the debt ceiling — yet another proposal opposed by the president’s Republican allies. “For me, it goes beyond that particular deal. Trump’s campaign largess has benefited Pelosi, as well. “We can brush off insults in ways that aren’t personalized, and I think it’s clear that Schumer and Trump were able to do that,” said Rep. Hakeem Jeffries (D-N.Y.), who represents parts of Brooklyn. “Both of them have been hard on each other, but were able to come together and reach an agreement and that is a typical thing that happens in New York: hardball tactics in negotiation still yield an agreement. King, who represents parts of Long Island, agreed. Pelosi also praised the Big Apple connection; Schumer, she said, “could speak New York to the president.” Yet Pelosi also sounded a cautionary tone, saying that while she hopes to work with Trump on immigration, tax reform and infrastructure, Democrats won’t sacrifice their ideals to do so. Ryan and McConnell both downplayed Trump’s deal with the Democrats, arguing the president wasn’t bucking the Republicans so much as he was seeking to demonstrate bipartisan cooperation in the aftermath of Hurricane Harvey and facing the threat of Hurricane Irma.

Schumer: I started considering Trump deal in August. Senate Minority Leader Charles Schumer (D-N.Y.) said in an interview published Saturday that he began planning his shocking debt ceiling deal with President Trump as far back as August. In an interview with the New York Times' "The New Washington" podcast, Schumer said he was thinking about his "leverage" with Trump back in August during a family vacation. “We only had one thing as leverage at that point, which was the debt ceiling.” That leverage paid off. Last week, Trump stunned Republicans by accepting a deal with Schumer and House Minority Leader Nancy Pelosi (D-Calif.) to raise the debt ceiling, finance the government through mid-December and fund aid for Hurricane Harvey victims just hours after House Speaker Paul Ryan (R-Wis.) said that such a deal was impossible. “We’ve got all this devastation in Texas; we’ve got another unprecedented hurricane about to hit Florida. “We’re pretty direct, and we talk right at each other.” “I said to President-elect Trump: ‘Look, we’re not going to obstruct you, just for the sake of obstruction. If you’ll work with us, as long as we can keep our values, we’ll work together,” Schumer said he told Trump last year. Schumer also detailed the phone call he received from Trump after the deal, praising the positive media coverage of their meeting. “He said, ‘This was so great!’ Here’s what he said: ‘Do you watch Fox News?’ I said, ‘Not really.’ ‘They’re praising you!’ Meaning me.