Political and Tech Worlds Collide
Quibbl takes bets on Apple, Facebook & Congress
By Quibbl Politics Staff
Apple vs. Samsung
Samsung makes many of the components in Apple’s products, including the iPhone. Samsung will be making the screen for the iPhone X. In the 3rd quarter of 2017, Samsung surpassed Apple in profitability; Samsung reported $12.36 billion in profit for the quarter vs Apple’s profit of $8.7 billion. Which company will post more profit during the 4th quarter of 2017: Apple or Samsung?
Social Media goes to Washington?
After social media companies announced their websites were used by Russian operatives to influence the 2016 election, executives from Facebook, Google, and Twitter have been summoned to appear before Congress on November 1st. Will the social media executives show up in Congress on Nov. 1st?
Speaking of Congress
Senators Lamar Alexander (R-TN) and Patty Murray (D-WA) have drafted a bipartisan health care bill aimed at stabilizing Obamacare. In the aftermath of multiple GOP failures to pass health care legislation, the inability to reach a vote on the Graham-Cassidy plan being the latest, such a bipartisan bill appears to be the only health care reform now possible in the Senate, at least in the near future. Will the Senate pass a bipartisan health care bill by the end of the year? It will be interesting to see which Republicans vote in favor of helping Obamacare after promising for a decade to repeal and replace.
At the Indiana State Fairgrounds on September 27th, President Trump announced the major principles of a long-awaited tax reform plan that Republicans will attempt to pass through Congress. The party’s tax reform effort comes on the heels of multiple failures to fulfill campaign promises to repeal and replace Obamacare. Will the GOP be able to pass tax reform by the end of the year, as House Speaker Paul Ryan (R-WI) immediately indicated was the target?
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