We Are Getting Closer and Closer to FINALLY Repealing and Replacing Obamacare Once and For All

I wrote this 2 days ago and it is looking more and more likely it will get done very similar to this! We are closer NOW than we have ever been in the Senate! The other great thing is that the House will do an up and down vote soon thereafter.

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.

I truly think what will occur is that the final bill will not only include the Cruz amendment but it will leave the ObamaCare’s net investment income taxes (3.8% & 0.9%) 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 $231 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://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://www.bloomberg.com/news/articles/2017-07-11/gop-said-to-drop-tax-cuts-for-big-earners-in-revised-health-bill

From the article linked above:

Senate Republican leaders dropped provisions that would repeal two taxes on high earners in a revised draft of their health-care bill sent to the Congressional Budget Office, according to GOP senators.

Republican leaders are now planning to retain Obamacare’s 3.8 percent tax on net investment income for people who earn more than $200,000 and couples with incomes over $250,000, as well as a 0.9 percent Medicare surtax on the same incomes.

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

From the article linked above:

“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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