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Sep 20, 2017

09/20/2017: We’ve seen the Graham-Cassidy plan before

Federal Reserve Chair Janet Yellen gave an update on the economy today, and we’ll start the show with the highlights and translated Fed-speak. Then: the latest — and likely last, but who knows anymore — Senate attempt at repealing Obamacare is the Cassidy-Graham bill. It takes the money the federal government spends on Obamacare, and gives it directly to the states to do what they want with it. It’s called a block grant, and it sounds simple enough, but it’s not. We’ll look at how they’ve worked in the past. Plus: Checking in with a family of Syrian refugees, one year later.

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Senator Lindsey Graham (2nd from right), stands with Senator Bill Cassidy (left), Senator Dean Heller (second from left), and Senator Ron Johnson (right), to announce their legislation to repeal and replace Obamacare through block grants on Capitol Hill in Washington, DC, on September 13, 2017.
Senator Lindsey Graham (2nd from right), stands with Senator Bill Cassidy (left), Senator Dean Heller (second from left), and Senator Ron Johnson (right), to announce their legislation to repeal and replace Obamacare through block grants on Capitol Hill in Washington, DC, on September 13, 2017.
JIM WATSON/AFP/Getty Images

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Segments From This Episode

Federal Reserve Chair Janet Yellen gave an update on the economy today, and we’ll start the show with the highlights and translated Fed-speak. Then: the latest — and likely last, but who knows anymore — Senate attempt at repealing Obamacare is the Cassidy-Graham bill. It takes the money the federal government spends on Obamacare, and gives it directly to the states to do what they want with it. It’s called a block grant, and it sounds simple enough, but it’s not. We’ll look at how they’ve worked in the past. Plus: Checking in with a family of Syrian refugees, one year later.