On Friday Obama defended his pursuit of a sweeping trade pact as good for American workers in a global economy, dismissing fierce opposition from his own party as a “ratification of the status quo.” Earlier in the day, Michigan Rep. Sander Levin, the senior Democrat of House Ways and Means Committee, declared he was “out to defeat” the legislation because, he said, it would cost U.S. jobs and damage the environment. Only a few Democrats in the House, Levin predicted, would support the legislation.
The Wall Street Journal says that the Administration is considering giving unions a tax waiver that provides money for an Obamacare reinsurance fund. The fund, which will reimburse insurers on the exchanges if their costs are higher than expected, is financed by every U.S. citizen with a private health plan. The fee is expected to be $63 per person next year.