Department of Treasury

Trump Administration Expands 'Junk Insurance' Short-Term Plans to Undermine ACA

2018-08-01 00:00:00 +0000 UTC | Importance: 7/10

The Trump administration finalized regulations expanding short-term, limited-duration health insurance plans from a maximum 3-month term (set by Obama in 2016) to 364 days with renewability up to 3 years total. These plans—derided by critics as ‘junk insurance’ and ’the Trump …

Trump Administration Department of Health and Human Services Department of Labor Department of Treasury America's Health Insurance Plans +2 more healthcare aca-sabotage trump-administration insurance-regulation junk-insurance +2 more

Reagan Deficit Explosion: National Debt Triples From $1T to $3T in Eight Years

1982-01-01 00:00:00 +0000 UTC | Importance: 9/10

The national debt under President Reagan explodes from $997 billion in 1981 to $2.9 trillion by 1989, representing an increase of 186% and adding approximately $1.9 trillion in new debt during his eight-year presidency. Annual budget deficits average 4.0% of GDP during Reagan’s tenure, …

Ronald Reagan Congress Office of Management and Budget (OMB) Department of Treasury deficit national-debt reaganomics fiscal-policy supply-side-economics