FROM Ben Raines
The Oil Spill and the Oil Economy After a meeting with Congressional leaders today, President Obama said the first order of business was the Gulf oil spill. Given the oil industry's power and importance, what are the chances that new laws and regulations will be approved and implemented?
The Oil Spill and the Oil Economy President Obama today called the response to the Gulf oil spill the biggest thing of its kind in American history. But what about advance preparation? The Associated Press has found that BP’s disaster plan for the Deepwater Horizon rig was approved last year despite stunning errors, omissions and miscalculations. At the same time, there’s concern over what the President’s moratorium on deep-water exploration will mean to the Gulf Coast economy. Given the oil industry’s power and importance, what are the chances that new laws and regulations will be approved and implemented?
House Republicans release their Obamacare replacement As two House committees take up "repeal and replacement" of "Obamacare," there may be life left in the Affordable Care Act after all. Even Republicans are divided, and proposed changes won't make good on President Trump's promise to provide "health insurance for everybody."