Freedom Caucus endorses revised ObamaCare repeal-and-replace bill

The House Freedom Caucus on Wednesday announced it will back the GOP’s healthcare plan now that an amendment allowing states to opt out of key ObamaCare rules is included. The group of roughly 30 hard-line conservatives held out for weeks, scuttling a planned House vote on the bill last month after it became clear there was’t enough Republican support to pass it. The group said it sees the new amendment, brokered by Freedom Caucus Chairman Mark Meadows (R-N.C.) and centrist Rep. Tom MacArthur (R-N.J.), as the best option short of fully repealing the 2010 law. “While the revised version still does not fully repeal Obamacare, we are prepared to support it to keep our promise to the American people to lower healthcare costs,” the Freedom Caucus said in a statement. “We look forward to working with our Senate colleagues to improve the bill. Our work will continue until we fully

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Audit: University of California hid $175M in budget reserves from state

The administration of the University of California (UC) system hid $175 million in budget reserve funds from state officials, a new review found, prompting the state’s auditor to call for “significant change” at the top to strengthen public trust in the system. In the audit, released Tuesday, State Auditor Elaine Howle urged California Gov. Jerry Brown and other lawmakers to increase oversight of the office of President Janet Napolitano. In a letter accompanying the audit, Napolitano, a former U.S. Secretary of Homeland Security, said the report “fundamentally and unfairly mischaracterizes” her office’s budget “in a way that does not accurately capture our current operations nor our efforts and plans for continued improvement.” “In fact,” Napolitano wrote, her budget and financial approaches “reflect strategic, deliberate, and transparent spending and investment” in the system’s priorities. She said, for instance, that nearly half of the amount cited, $83 million, supports “groundbreaking research” in healthcare, as

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Ted Cruz Calls for $14 Billion Seized from ‘El Chapo’ to Fund Border Wall

Senator Ted Cruz (R-TX) introduced a bill calling for the use of $14 billion seized from cartel drug lord Joaquin “El Chapo” Guzman to be used to pay for the President’s border wall between the U.S. and Mexico. “Fourteen billion dollars will go a long way toward building a wall that will keep Americans safe and hinder the illegal flow of drugs, weapons, and individuals across our southern border,” Senator Cruz stated, according to a statement obtained by Breitbart Texas from the senator’s office. “Ensuring the safety and security of Texans is one of my top priorities.” The Texas senator said that leveraging criminally forfeited assets from El Chapo and other Mexican cartel members and drug dealers can “offset the wall’s cost and make meaningful progress toward achieving President Trump’s stated border security objectives.” Senator Cruz introduced the Ensuring Lawful Collection of Hidden Assets to Provide Order (EL CHAPO) Act on Tuesday. “The

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JUDGE BLOCKS TRUMP ORDER ON SANCTUARY CITY FUNDING

SAN FRANCISCO (AP) — A federal judge on Tuesday blocked any attempt by the Trump administration to withhold funding from “sanctuary cities” that do not cooperate with U.S. immigration authorities, saying the president has no authority to attach new conditions to federal spending. U.S. District Judge William Orrick issued the preliminary injunction in two lawsuits – one brought by the city of San Francisco, the other by Santa Clara County – against an executive order targeting communities that protect immigrants from deportation. The injunction will stay in place while the lawsuits work their way through court. The judge said that President Donald Trump cannot set new conditions for the federal grants at stake. And even if he could, the conditions would have to be clearly related to the funds at issue and not coercive, Orrick said. “Federal funding that bears no meaningful relationship to immigration enforcement cannot be threatened merely

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Trump’s First 100 Days, Results Are Mixed, Agenda Was Packed.

President Trump’s first 100 days in office had all the hallmarks of a chief executive’s approach: Busy, brash and bold.   Watch the latest video at video.foxnews.com As the president nears the benchmark on Saturday, he has compiled a record big on action, but mixed on results. Trump has sought to manage expectations, mocking as “ridiculous” the 100-day yardstick that dates back to Franklin D. Roosevelt, who had signed a staggering 76 pieces of legislation by the time he reached it. FDR’s legacy of out-of-the-chute productivity has cast a long shadow over all of his successors, and Team Trump is well aware of it. “In office, President Trump has accomplished more in his first 100 days than any other president since Franklin Roosevelt,” the White House said in a Tuesday statement accompanied by a list of executive orders and other actions the fledgling administration has taken. Well before he took

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The Democrat’s Strategy of Smear Campaign and Attacking Trump isn’t Changing

TRENTON, N.J. (AP) — In New Jersey, a candidate running for governor compared the Trump camp to Nazis. In Virginia, a doctor running for governor fired up a gathering of Democrats by calling Trump a “narcissistic maniac,” while his primary opponent called Trump’s victory a “political and constitutional Sept. 11.” Former first lady Michelle Obama may have rallied Democrats during last year’s presidential campaign by saying “when they go low, we go high,” but attacking the unpopular President Donald Trump has become an essential element in Democratic campaigns in the country’s two contests for governor this year. The races are among the first high-profile displays of how Democrats are campaigning in the Trump era and could be a harbinger of their strategy in the midterm elections in 2018, when the president’s standing with voters could sway elections. “It almost feels like it’s Vietnam War time. We haven’t seen this in

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North Korea stages large-scale artillery drill as U.S. submarine docks in South

North Korea conducted a big live-fire exercise on Tuesday to mark the foundation of its military as a U.S. submarine docked in South Korea in a show of force amid growing concern over the North’s nuclear and missile programs. The port call by the USS Michigan came as a U.S. aircraft carrier strike group steamed toward Korean waters and as top envoys for North Korea policy from South Korea, Japan and the United States met in Tokyo. Fears have risen in recent weeks that North Korea would conduct another nuclear test or long-range missile launch in defiance of U.N. sanctions, perhaps on the Tuesday anniversary of the founding of its military. But instead of a nuclear test or big missile launch, North Korea deployed a large number of long-range artillery units in the region of Wonsan on its east coast for a live-fire drill, South Korea’s military said. North Korea

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Nasdaq breaches 6,000 mark for first time ever

The Nasdaq breached the 6,000 mark for the first time ever on Tuesday, spurred by a raft of strong corporate earnings and President Donald Trump’s promise of a major tax reform plan. The tech-heavy Nasdaq rose as much as 0.4 percent to hit a record level of 6,007.72 helped by gains in Biogen (BIIB.O) and Apple (AAPL.O). The index first breached the 5,000 mark on March 7, 2000 and closed above that level two days later during the height of the tech boom. Biogen’s shares jumped more than 4 percent after the biotech company reported better-than-expected quarterly profit and revenue on Tuesday. At 9:36 a.m. ET, the Dow Jones Industrial Average .DJI was up 184.02 points, or 0.89 percent, at 20,947.91, the S&P 500 .SPX was up 9.71 points, or 0.41 percent, at 2,383.86 and the Nasdaq Composite .IXIC was up 22.27 points, or 0.37 percent, at 6,006.09. Trump promised

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Obama Raking it in With Wall Street Speech Deal

Barack Obama will earn the equivalent of his annual presidential salary to speak at a Wall Street lunch conference later this year. Fox Business Network reports that Obama will earn $400,000 to speak at a healthcare conference for investment banking firm Cantor Fitzgerald in September. “We understand that he is going to be the keynote speaker for the lunch, and he’s going to receive a fee of $400,000,” reported Fox Business Network’s Charlie Gasparino. That hefty payout, which is roughly seven times the median household income in the U.S., puts Obama in the same league as Bill Clinton on the lucrative presidential speaking circuit. But unlike Clinton, Obama was a vocal critic of Wall Street as president. As Fox Business notes, Obama derided “fat cat bankers on Wall Street” during a 2009 TV interview and regularly blamed big banks for the 2008 recession. Gasparino says that Obama has signed a

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Ivanka Trump heads to Berlin for women’s conference

WASHINGTON (AP) — Ivanka Trump’s advocacy for women and girls will take her to a conference in Berlin Tuesday, an attention-getting first international outing aimed at building support for investment in women’s economic empowerment programs. Back home, the first daughter’s plan to push for policies that benefit working mothers is getting less of the spotlight. Trump, an unpaid White House adviser, has not yet offered specific legislation or publicly revealed how she plans to move forward with the child care and family leave policies she promoted during her father’s campaign. But a senior administration official says she and others have been working quietly behind the scenes to revise her campaign proposals and build momentum. The official, who requested anonymity to discuss internal policy talks, stressed that child care is a part of the White House tax policy conversation. The president is set to roll out tax reform priorities Wednesday, but

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