The Spark

Smart Talk 10/17/2017: Pennsylvania v. Trump / Stocks Through the Stratosphere


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Earlier this month, President Trump relaxed an Obama-era mandate that prevented employers from restricting access to birth control through health insurance. Pennsylvania Attorney General Josh Shapiro is suing Trump as a result. "Millions of women could be denied needed contraceptive care against the advice of science, public health and medical professionals," he announced at a press conference at the Planned Parenthood Southeastern Pennsylvania clinic in Philadelphia. "The federal government - under the direction of the Trump Administration - broke the law and undermined the health and economic independence of American women."
Shapiro is filing another lawsuit against the administration - this one regarding Trumps' plan to stop payments of cost-sharing subsidies aiding low-income Affordable Care Act beneficiaries. Shapiro joins seventeen other states suing Trump over perceived sabotage of the ACA.
More than 426,000 Pennsylvanians receive healthcare coverage from the ACA exchange. The AG spoke to Pittsburgh's KDKA, saying ". . . of that number, about 233,000 Pennsylvanians get a direct benefit from these so-called cost sharing subsidies."
On the Tuesday edition of Smart Talk, we'll discuss thethe legal actions with AG Shapiro and how he feels these decisions could impact Pennsylvanians.
Also, since March of 2009, the stock market has seen 103 straight months of growth. Neither continuing wars, hurricanes, nor a chaotic presidential campaign and subsequent Trump Administration have registered even a negative blip on Wall Street tickers.
We'll discuss the record-breaking trending in the financial sectors and what it means for investors and the national, state and regional economies with Tim Decker, President of the ISI Financial Group in Lancaster
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