Don’t Get Caught Up In the Noise! Obamacare Will Be Repealed & Replaced

I think what you are hearing is a lot of noise! Ted Cruz’s amendment in the revised bill is being scored by the CBO. They also asked for the revised bill to be scored by the CBO without the Cruz amendment. You are going to see a major difference in the savings in premiums between the Cruz plan versus the non Cruz plan. Folks that don’t have pre existing conditions will see massive savings starting immediately. Keep in mind that is a large number of Americans that decided to pay a tax penalty in the past with the IRS.

http://nypost.com/2017/07/09/ted-cruzs-compromise-could-save-health-care-reform/

From the article linked above:

Sen. Ted Cruz’s proposal may offer the way forward for the stalled Senate health-care bill, delivering as it does a real escape from ObamaCare while still allowing for targeted help for people with pre-existing conditions.

The Cruz amendment would let any insurer who offers ObamaCare-compliant policies also sell insurance that doesn’t meet the one-size-fits-all mandates. That would let healthy, younger people buy affordable coverage — without subsidies, but also without forcing them to subsidize insurance for older folks.

https://wdef.com/2017/07/09/cruz-says-gop-critics-of-his-health-bill-should-not-to-be-deceived-by-democrats-attacks/

From the article linked above:

Senator Ted Cruz, R-Texas, says that as Congress heads back to work following the July 4 recess, Republican critics of his proposed fix to the Senate’s health care bill should not be “deceived” by attacks launched by Democratic members.

In response to criticism of his proposed amendment launched by Senator Chuck Grassley, Cruz said “it’s important for Republicans not to be deceived by the attacks that are coming out of Chuck Schumer and the Democrats.”

“Schumer doesn’t want us to pass this. Schumer wants this to fail. And so no Republican should be deceived when Schumer– Schumer made the argument, he called it a hoax. Now, look, I’ll note that Schumer and Obama, they know a lot about healthcare hoaxes. You know, Obamacare was sold to the American people on a whole series of lies,” said Cruz.

I truly think what will occur is that the final bill includes the Cruz amendment and leaves the ObamaCare’s net investment income tax (3.8%) applied to individuals making more than $200,000 and married couples making more than $250,000. The tax falls on forms of income that include capital gains, dividends, and interests. This will generate approximately $172 billion dollars over 10 years. Those funds will be used to subsidize the folks that have to buy the Obamacare policy because of pre existing conditions. This will help lower their costs. This also kills the Democrat talking point that all Republicans care about are the rich.

http://www.msn.com/en-us/news/politics/conservatives-revolt-over-talk-of-keeping-obamacare-tax/ar-BBDWykm

From the article linked above:

GOP lawmakers have floated keeping ObamaCare’s 3.8-percent net investment income tax (NIIT) to help pay for more generous healthcare subsidies for low-income people. Democrats criticized an earlier version of the Senate’s ObamaCare repeal bill for eliminating the tax because it generally applies to high earners.

“Our official position is we want to repeal all the taxes. That being said, we understand the logistics of having to have enough revenue,” House Freedom Caucus Chairman Mark Meadows (R-N.C.) said. “And so I’m not at this point closing that off to negotiations because I think it would be premature to do that.”

Sen. Ron Johnson (R-Wis.) told his constituents in a telephone town hall last week that he’s “personally not opposed” to keeping ObamaCare taxes to pay for health benefits.

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One thought on “Don’t Get Caught Up In the Noise! Obamacare Will Be Repealed & Replaced

  1. fle, THANK YOU very much for the analysis and for pulling this all together. I STILL believe the entire Congress would be much more urgent about providing a structure for health-care provisions if their own health care was on the line.

    2018 and subsequent elections should mitigate the problem. PLEASE keep us informed regarding the moves of the various players. There are a BUNCH of them we need to send to the unemployment line.

    Liked by 1 person

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