President Trump’s budget plan – due to be released tomorrow (May 23) – is expected to cut some $1.7 trillion worth of government programs.
And $800 billion of those cuts will reduce federal funding for Medicaid and Medicaid-related programs in particular. These cuts could therefore affect roughly 70 million low-income children, adults, seniors, and disabled Americans nationwide.
Specifically, three government Medicaid programs will suffer the most from the Trump administration’s budget proposal. And right now, their fate is the source of contentious debate on Capitol Hill. The programs are:
Supplemental Nutrition Assistance Program (SNAP) Children’s Health Insurance Program (CHIP) Social Security Disability Insurance (SSDI)
White House officials told Axios yesterday that the programs were targeted to curb fraud and abuse by placing “an emphasis on work requirements for able-bodied people” who receive funds from these programs.
Best Insurance Stocks To Buy Right Now: Energy Fuels Inc(UUUU)
- [By Stephan Byrd]
Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) shares saw an uptick in trading volume on Monday . 1,091,365 shares were traded during mid-day trading, an increase of 300% from the previous session’s volume of 272,846 shares.The stock last traded at $2.09 and had previously closed at $2.04.
Best Insurance Stocks To Buy Right Now: Accenture plc.(ACN)
- [By Logan Wallace]
Smith Asset Management Group LP lifted its position in shares of Accenture (NYSE:ACN) by 2.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,628 shares of the information technology services provider’s stock after acquiring an additional 1,398 shares during the quarter. Smith Asset Management Group LP’s holdings in Accenture were worth $10,381,000 at the end of the most recent quarter.
- [By Money Morning News Team]
The companies that participated in the demo included Cisco Systems Inc. (Nasdaq: CSCO), Microsoft Corp. (Nasdaq: MSFT), Accenture Plc. (NYSE: ACN), Fujitsu Ltd. (OTCMKTS: FJTSY), and Deutsche Telekom AG (OTCMKTS: DTEGY).
- [By Steve Symington, Maxx Chatsko, and Brian Feroldi]
To that end, we asked three top Motley Fool contributors to each pick a stock they think you would be wise to purchase and hold for the next 50 years. Read on to see why they like Corning (NYSE:GLW), Accenture (NYSE:ACN), and A.O. Smith (NYSE:AOS).
- [By ]
Even more impressive and promising are the companies and entities backing Ripple. Investors include Seagate Technology (Nasdaq: STX) and Accenture (NYSE: ACN), as well as influential venture capital firms Andreessen Horowitz (Twitter, Skype, Airbnb) and Lightspeed Venture Partners (Snapchat).
- [By ]
But the segment revenue figures make it clear that momentum in areas such as cloud apps/services and security is being offset by pressures within older, non-cloud, software and services businesses in fields such as databases, operating systems, consulting, tech support and business process outsourcing (BPO). And that when one combines the good and the bad, the end-result is a company whose forex-adjusted growth remains noticeably below that of peers such as Microsoft (MSFT) , Accenture (ACN) , SAP (SAP) and Dell Technologies, and for which growing FCF remains a challenge.
Best Insurance Stocks To Buy Right Now: Markel Corporation(MKL)
- [By ]
Accordingly, as required by the new accounting standard, Markel Corp. (NYSE:MKL) recognized a pre-tax loss of $122.1 million as a result of the decline in the fair value of its equity securities since December 31, 2017.
- [By Motley Fool Staff]
Markel (NYSE:MKL) Q1 2018 Earnings Conference CallApril 25, 2018 9:30 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Steve Symington, Jeremy Bowman, and Demitrios Kalogeropoulos]
To that end, we asked three top Motley Fool investors to each pick a stock that they believe could double your money. Read on to learn why they like Markel (NYSE:MKL),Baozun (NASDAQ:BZUN), and Constellation Brands (NYSE:STZ).
- [By Andy Pai]
Akre capital often holds positions for over ten years. As long as a company is able to keep increasing its economic value, the firm will hold a stock. Although the firm is a long-term investor, Akre doesn't attribute its success to ‘buy and hold' investing, but to the quality of the companies they buy. Some of the companies' long-term holdings have included Markel Corporation (NYSE: MKL), Dollar Tree, Inc. (NASDAQ: DLTR) and Enstar Group Ltd. (NASDAQ: ESGR).
- [By Steve Symington]
Markel Corporation(NYSE:MKL)announced first-quarter 2018 results on Tuesday after the market closed, punctuated by a net loss from the financial holding company’s investment portfolio. But in keeping with executives’ methodical approach to generating shareholder value, Markel management took the opportunity to showcase the merits of their long-term thinking and diversified business operations.