LyrArc Article Gist
Weigel of the Washington Post compares how the Affordable Care Act was passed in Congress in 2012 with the push by Speaker Ryan and the Trump administration for the American Health Care Act in 2017. Republicans he says are making the same mistake as Democrats by rushing this through Congress. There is no broad consensus on whether all Americans should be entitled to health care as in Europe and Japan for their citizens, and health care is priced in a way to make it expensive for the state to provide- until the twin problems are solved by creating a new culture in the U.S. that sees things differently, politicians will come up with their own plans based on their interests and which groups they serve.

LyrArc Article Gist
Two brothers Ian and Murray Callum, are leading the way for For Design. Moray is the new design director of Ford motor Company. He says Ford Motor is convinced that exciting products are key to acceptance in the marketplace. Moray helped Mazda become a design leader. The wo brothers are from a small Scottish town. The budgets atre tighter these days, and there are fewer designers, but everyone respects and apprecitates the work these designers are doing at Ford, says Moray.

LyrArc Article Gist
A former Interior Secretary Bruce Babbitt says the Interior Department needs to take up authority it has for contract approval on use of water by individual entities in the states of California and Arizona. The department can look at how efficiently water is being use to give approval. He suggests this approach as the states of California and Arizona are nowhere near agreement on use of water from the Colorado river. Babbitt says there is risk of deadpool where the water in Lake Mead drops to levels that make water to stop running from the lake downstream to Arizona and California.

LyrArc Article Gist
Floods add another layer to the problems created by the pandemic in China, Japan and Bangladesh. Bangladesh is one of the hardest hit countries with Cyclone Amphan affecting 2.4 million people. Here Sheikh Hasina, prime minister of Bangladesh and chairman Climate Vulnerable Forum describes the problem Bangladesh is facing. Rising sea waters could lead to the abandonment of coastal and low lying regions on the coast by mid century, with Bangladesh, India, China and Indonesia being severely affected in Asia.

LyrArc Article Gist
The Affordable Care Act or Obamacare gave families of 4 with incomes of less than 125,000 or single income less than $60,000 a chance to buy insurance with federal subsidies. When these subsidies were increased under the IRA Act of president Biden the enrolment has doubled in the last 5 years to $24 million. These subsidies expire in 2025. Under the One Big Beautiful Act the policy of subsidies for ACA is not being renewed when it expires in 2025. This shows the band aid approach of Obama to healthcare and the lack of a comprehensive approach. The policy on migrants during the Obama and Biden administration also stretched public funding resources. Insurance companies now plant to make up for the los of subsidies from the government by raising prices for this subpopulation in a broken healthcare system in the US by 15-20%. This report in WSJ shows a young woman on ACA insurance in Illinois with a payment of $590 a month to Blue Cross of Illinois facing a new payment of $678, almost the size of a mortgage. ...

LyrArc Article Gist
$148 billion in cash savings from tax provisions and full expensing of investments in Big Beautiful Act for 369 companies, Amazon $15.7 billion in cash savings, Microsoft 12.5 billion from Big Beautiful Act 2025. Treasury Secretary Bessent described the full and immediate expensing provisions for investments by companies as a key provision that would take the US economy forward in 2025.

LyrArc Article Gist
Efforts by the new petroleum resources minister, Diezani Alison-Madueke, to increase Nigeria's oil quota, and pass a bill in Parliament to increase taxes on foreign oil companies to take a bigger share of profits in joint ventures. She is undertaking a government effort to allocate 10% of oil revenues to the Niger delta.