The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
They weren't waiting for the CBO to have an opinion on replacing Obamacare.
Nearly half of Americans already were expecting the leading Republican health-care bill to cut the number of people with insurance even before the Congressional Budget Office estimated that 24 million more people would be uninsured if the bill becomes law, a new poll shows.
And about half of the public still opposes repealing Obamacare, as the GOP bill partially would do, according to the Kaiser Family Foundation survey that was completed Sunday, a day before the CBO's estimate was announced.
The poll released Wednesday found that 48 percent of people said the Republican plan to repeal and replace key parts of Obamacare would result in fewer people having health insurance.
That compares with just 18 percent who said the GOP's American Health Care Act, now pending in Congress, would increase the number of Americans with coverage, according to the survey.
Forty-eight percent also said they expected the GOP's bill to increase health costs for those who buy their own insurance, compared with just 23 percent who expect it to lower their costs.
Republican respondents were more likely to believe the bill would lead to increases in the number of people insured and a reduction in health-care costs.
A big majority, 75 percent, oppose a provision in the Republican plan that would cut off funding for one year for Planned Parenthood clinics to provide Medicaid services including contraception, testing and treatment for sexually transmitted diseases and cancer screenings. Several GOP senators have also expressed qualms about that provision.
Americans remain divided on the question of Obamacare repeal, with 51 percent saying Congress should not repeal the law. Another 45 percent said it should be tossed out, Kaiser's survey found.
"Views of the Affordable Care Act overall are similar to last month, with 49 percent holding a favorable view and 44 percent unfavorable," Kaiser said in a summary of the poll's results.
"As in the past, there are huge partisan divisions, with Democrats largely holding favorable views and Republicans largely holding unfavorable ones."
The poll of 1,206 people, which was conducted from March 6 through Sunday, has a margin of error of 3 percentage points.
The CBO on Monday estimated that 24 million more people would be uninsured by 2026 under the GOP's American Health Care Act if it becomes law than would be the case if Obamacare remained in its current form.
Up to 14 million more people would become uninsured by next year alone, the CBO said.
The CBO's analysis also found that premiums for individual health plans would be an average of 15 to 20 percent higher in 2018 and 2019 than they would otherwise be under Obamacare.
But average premiums in that market would be expected to be 10 percent lower in 2026 than they would be under the current law.
The CBO noted, however, that while premiums would likely be significantly lower under the GOP plan, the Republican proposal would "substantially" raise premiums for older people.
And while overall premiums will be lower, the Republican plan also would reduce the subsidies that lower-income Obamacare customers get.
Lower-income customers of individual plans also would face "significantly" higher out-of-pocket costs for health services under the GOP bill than under Obamacare, the CBO said.
The Trump administration, which is backing the Republican bill, has said the CBO's projections of coverage losses are not accurate. But a White House spokesman on Tuesday said the administration is not making projections about coverage gains or losses itself.
The Trump administration has repeatedly cited the CBO's findings that the GOP proposal would lead to lower premiums than would be seen under Obamacare by 2026, and that the plan would reduce the federal deficit by more than $330 billion over a decade.