The deal that the Obama Administration struck at the Geneva talks yesterday amounts to a flawed agreement that risks reducing sanctions pressure on Iran over next six months in return for easily reversible Iranian pledges, some of which Iran has given before but subsequently reneged on. The deal requires Iran to curb some, but not all, of its nuclear activities over the next six months in return for about $7 billion in sanctions relief.
The Administration has resisted bipartisan congressional efforts to impose new sanctions on Iran. White House spokesman Jay Carney has warned that additional pressure on Iran could derail diplomatic negotiations and put the U.S. on a “march to war.”
For years conservatives have been warning lawmakers that Obamacare would harm the American people because it is unaffordable and unworkable. Contrary to liberals’ protestations, Obamacare is a government takeover of healthcare, and the government has proven woefully inadequate for the task.
Four quick questions about this 122-word report.
- Who is Gina Rinehart? According to Forbes, she is Australia’s richest person, worth an estimated $17 billion.
- Which U.S. companies will benefit? Companies like Caterpillar Inc. (market cap. $53.24 billion) and General Electric Co. (market cap. $273.98 billion).
The Obama administration plans to push back by a month the second-year start of enrollment in its health program to give insurers more time to adjust to growing pains in the U.S. law, a move that may stave off higher premiums before the 2014 congressional elections. (emphasis added)
The enrollment period, previously scheduled to begin Oct. 15, 2014, will now start Nov. 15, said an official with the U.S. Department of Health and Human Services who asked not to be identified because the decision isn’t public. The change is important to insurers that need more time to evaluate the first year of the government-run marketplaces.