{"id":2655,"date":"2018-05-24T14:45:00","date_gmt":"2018-05-24T14:45:00","guid":{"rendered":"http:\/\/democrats.org\/blog\/2018\/05\/24\/%e2%80%8btrump-republican-agenda-higher-premiums-higher-gas-prices-record-profits-for-corporations-and-bi\/"},"modified":"2018-05-24T14:45:00","modified_gmt":"2018-05-24T14:45:00","slug":"%e2%80%8btrump-republican-agenda-higher-premiums-higher-gas-prices-record-profits-for-corporations-and-bi","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/%e2%80%8btrump-republican-agenda-higher-premiums-higher-gas-prices-record-profits-for-corporations-and-bi\/","title":{"rendered":"\u200bTrump-Republican Agenda: Higher Premiums, Higher Gas Prices, Record Profits For Corporations And Bi"},"content":{"rendered":"<p dir=\"ltr\"><span id=\"m_-8095685962176861440gmail-docs-internal-guid-9d68eb49-929a-319b-1a06-d6de2f6e6079\">Gas prices and health insurance costs are going up for working families, as the biggest banks experience record profits and wealthy shareholders receive record returns from the massive giveaways the Trump tax gave to big corporations.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-8095685962176861440gmail-docs-internal-guid-9d68eb49-929a-319b-1a06-d6de2f6e6079\">Here&rsquo;s a snapshot of the Trump-Republican agenda:<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul style=\"list-style-type:disc;\">\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span id=\"m_-8095685962176861440gmail-docs-internal-guid-9d68eb49-929a-319b-1a06-d6de2f6e6079\">Higher premiums:<\/span> ACA insurance premiums are expected to rise an average of <a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=http:\/\/thehill.com\/policy\/healthcare\/389060-cbo-obamacare-premiums-to-rise-15&amp;source=gmail&amp;ust=1527282284884000&amp;usg=AFQjCNEUDaYxV6J1n0d0xSl-FdvCMdYPhg\" href=\"http:\/\/thehill.com\/policy\/healthcare\/389060-cbo-obamacare-premiums-to-rise-15\" target=\"_blank\" rel=\"noopener noreferrer\">15 percent<\/a> next year because of Republican sabotage, according to the nonpartisan Congressional Budget office.<\/p>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul style=\"list-style-type:disc;\">\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span id=\"m_-8095685962176861440gmail-docs-internal-guid-9d68eb49-929a-319b-1a06-d6de2f6e6079\">Higher gas prices:<\/span> Gas prices Trump said he would have &ldquo;<a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=http:\/\/www.foxnews.com\/transcript\/2012\/03\/29\/trump-potential-romney-running-mate-donald-blasts-obamacare-bad-business-catastrophic-us.html&amp;source=gmail&amp;ust=1527282284885000&amp;usg=AFQjCNFqVLoMFrtxPzNkWZv-JvBlvCJHcw\" href=\"http:\/\/www.foxnews.com\/transcript\/2012\/03\/29\/trump-potential-romney-running-mate-donald-blasts-obamacare-bad-business-catastrophic-us.html\" target=\"_blank\" rel=\"noopener noreferrer\">tremendous power over<\/a>&rdquo; continue to <a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/abcnews.go.com\/US\/gas-prices-cents-week-52-cents-2017\/story?id%3D55345217&amp;source=gmail&amp;ust=1527282284885000&amp;usg=AFQjCNFT6-UGqEI_a9-vc8z4pL4Mu5qSKA\" href=\"https:\/\/abcnews.go.com\/US\/gas-prices-cents-week-52-cents-2017\/story?id=55345217\" target=\"_blank\" rel=\"noopener noreferrer\">rise<\/a> and are already at the highest level since <a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.usatoday.com\/story\/money\/cars\/2018\/05\/24\/memorial-day-gas-prices-get-ready-3-per-gallon-fuel\/637125002\/&amp;source=gmail&amp;ust=1527282284885000&amp;usg=AFQjCNEI3SQvpWshryT_VmWsx9q-HKfcnQ\" href=\"https:\/\/www.usatoday.com\/story\/money\/cars\/2018\/05\/24\/memorial-day-gas-prices-get-ready-3-per-gallon-fuel\/637125002\/\" target=\"_blank\" rel=\"noopener noreferrer\">2014<\/a>.<\/p>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul style=\"list-style-type:disc;\">\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span id=\"m_-8095685962176861440gmail-docs-internal-guid-9d68eb49-929a-319b-1a06-d6de2f6e6079\">Record profits for banks:<\/span> Banks reported a record <a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.reuters.com\/article\/us-usa-fdic-banks\/us-banks-quarterly-profit-jumps-275-percent-on-lower-tax-rate-fdic-idUSKCN1IN1Y7&amp;source=gmail&amp;ust=1527282284885000&amp;usg=AFQjCNG4dL6R3F0VzmQplJVGHpnBS9-ZQg\" href=\"https:\/\/www.reuters.com\/article\/us-usa-fdic-banks\/us-banks-quarterly-profit-jumps-275-percent-on-lower-tax-rate-fdic-idUSKCN1IN1Y7\" target=\"_blank\" rel=\"noopener noreferrer\">$56 billion<\/a> in profits in just the first three months of the year thanks to the Trump tax.<\/p>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul style=\"list-style-type:disc;\">\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span id=\"m_-8095685962176861440gmail-docs-internal-guid-9d68eb49-929a-319b-1a06-d6de2f6e6079\">Record profits for corporations:<\/span> Many corporations are already making <a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.bloomberg.com\/news\/articles\/2018-04-30\/corporate-america-is-saving-boatloads-on-trump-tax-cut-windfall&amp;source=gmail&amp;ust=1527282284885000&amp;usg=AFQjCNFc2e-3KhTBi6Bw1LzRkBkEIQXH0g\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-30\/corporate-america-is-saving-boatloads-on-trump-tax-cut-windfall\" target=\"_blank\" rel=\"noopener noreferrer\">record profits<\/a>, and first-quarter profits for big corporations are expected to be the <a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cnbc.com\/2018\/03\/28\/corporate-profits-highest-in-seven-years-but-that-may-not-help-stocks.html&amp;source=gmail&amp;ust=1527282284885000&amp;usg=AFQjCNGaSCrWjcQKtno7-vyOceI1xdsCqA\" href=\"https:\/\/www.cnbc.com\/2018\/03\/28\/corporate-profits-highest-in-seven-years-but-that-may-not-help-stocks.html\" target=\"_blank\" rel=\"noopener noreferrer\">highest<\/a> in seven years as a result of the Trump tax.<\/p>\n<\/li>\n<\/ul>\n<div>&nbsp;<\/div>\n<ul style=\"list-style-type:disc;\">\n<li dir=\"ltr\">\n<p dir=\"ltr\"><span id=\"m_-8095685962176861440gmail-docs-internal-guid-9d68eb49-929a-319b-1a06-d6de2f6e6079\"><span id=\"m_-8095685962176861440gmail-docs-internal-guid-9d68eb49-929a-319b-1a06-d6de2f6e6079\">Record benefits for wealthy shareholders, not workers:<\/span> Big corporations have used their massive tax savings to reward wealthy shareholders, <\/span><a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.nbcnews.com\/business\/economy\/harley-davidson-workers-stunned-plant-closure-after-tax-cut-n876901&amp;source=gmail&amp;ust=1527282284885000&amp;usg=AFQjCNG4j3hAALCwCJhODzXJPwWEIXW7Ig\" href=\"https:\/\/www.nbcnews.com\/business\/economy\/harley-davidson-workers-stunned-plant-closure-after-tax-cut-n876901\" target=\"_blank\" rel=\"noopener noreferrer\">not workers<\/a>, with record-setting buybacks on pace to top <a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.bloomberg.com\/news\/articles\/2018-05-17\/record-buybacks-put-shareholder-payouts-on-1-trillion-pace&amp;source=gmail&amp;ust=1527282284885000&amp;usg=AFQjCNHqVlivCmfJXrx_VP8Q8P5PJnIhzg\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-17\/record-buybacks-put-shareholder-payouts-on-1-trillion-pace\" target=\"_blank\" rel=\"noopener noreferrer\">$1 trillion<\/a> this year.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Gas prices and health insurance costs are going up for working families, as the biggest banks experience record profits and wealthy shareholders receive record returns from the massive giveaways the Trump tax gave to big corporations. &nbsp; Here&rsquo;s a snapshot of the Trump-Republican agenda: &nbsp; Higher premiums: ACA insurance premiums are expected to rise an <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2655","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u200bTrump-Republican Agenda: Higher Premiums, Higher Gas Prices, Record Profits For Corporations And Bi - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/\u200btrump-republican-agenda-higher-premiums-higher-gas-prices-record-profits-for-corporations-and-bi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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