Posted on 06/29/2017 9:50:29 AM PDT by GIdget2004
Senate Republicans are considering dropping a tax break for the wealthy from their ObamaCare repeal bill as they seek to secure 50 votes for the legislation.
Sen. Bob Corker (R-Tenn.) on Thursday said the bill would be changed to increase the subsidies that help lower-income people afford health insurance. The most likely way for that to happen is by keeping a 3.8 percent tax on investment income for high earners, Corker said.
“We will it appears, address the issue of ensuring lower-income citizens are in a position to buy plans that are actually provide them appropriate healthcare,” Corker said. To do that, “my sense is the 3.8 percent repeal will go away.”
The repeal of the ObamaCare investment tax has fueled attacks from Democrats that the Republican bill is a giveaway to the wealthy that strips healthcare coverage from the poor. Keeping the tax could help defuse those attacks and win support from Republican moderates, though it could also spark a backlash from some conservatives.
Under the draft Senate bill, healthcare subsidies would be tied to the cheapest ObamaCare plans that cover about 58 percent of costs. Under current law, those same subsidies are tied to plans that cover about 70 percent of costs.
That means that, under the draft, people using subsidies to get insurance would either have to pay more in premiums to keep the plan they have now, or have a higher deductible to keep their premiums in line.
Sen. Marco Rubio (R-Fla.) on Thursday said he was open to keeping the 3.8 percent tax.
“My whole goal here is just to ensure that lower-income citizens on the exchange have the ability to purchase health insurance that provides them health care and the initial draft did not do that,” Corker said.
(Excerpt) Read more at thehill.com ...
OMG just get out of the insurance business!
Just DAMN!
When is President DJT going to start flogging these a&&es in the GOPe until the town the line?
Of course, because that’s money, and they don’t want to let go of it.
Just let ObamaCare implode...
Thought the entire goal was to apply those crucial tax cuts to the tax reform legislation. This golden opportunity is only possible once a year.
TERRIBLE TERRIBLE IDEA!!!
Taxing the rich to subsidize the poor?
The GOP just ran up the White Flag on the Reagan Revolution.
It’s way past time for the Deplorables to head to DC. The Congress needs to realize they’re working for us. They want to ignore how many millions of us there are.
The “wealthy” = the hardworking, successful people who pay the bulk of the taxes already and create most of the jobs.
There really are not words to quantify just how much the GOP friggin’ sucks.
What else would one expect from Corker—of the Iran nuclear weapons deal fame—and Gang of Eight member Rubio?
Corker needs to be Cantorized in 2018.
He authored the Corker bill that enabled the Iran “deal”.
Stood the Constitution on its head to accomplish it.
He voted for Rubio’s amnesty along with Flake, Heller and Hatch who are also in need of replacement in 2018.
Graham and Alexander in 2020, McCain, Murkowsky, Hoeven and Rubio in 2022 until no Republican Senator votes for amnesty again.
OMG just get out of the insurance business!
Just DAMN!”””
Every day that Obamacare is in place, more money is going down the drain..
Trump center plank of his platform was to rid us of Obamacare.......
JUST DO IT!!!
Here is Nevada, 3 counties will be able to ‘stay ‘ on the state health exchange-—and 14 counties & their residents will not have Nevada Health Exchange after Jan 1, 2018.
Another way to hurt the rural dwellers, IMO.
Republicans come out in favor of soaking the rich and keeping socialism - instead of repeal.
They’re going to bounce back and forth on this when they could save all the people by ditching it all together. No reason why they haven’t had a “replacement” plan of their own making after all this time.....they had 8 yrs. of Obama to get this ready.
They’re all playing political advantages around the edges of Obamacare and the people don’t give a crap as it’s not about them it’s about the people......they’re just as brain dead as usual!
This is just ridiculous.....trying to determine what they’ll keep and what to get rid of......when in fact the hold outs are waiting for the highest ‘payout’ to themselves for with-holding any vote....and doing so on the back of the peoples healthcare.
Just drop the dang thing and implement a healthcare program they dang well should have had in place and ready to go from day one!
“they’re just as brain dead as usual!”
+1
If anyone thinks their future will be secured, or their problems solved, by politicians of any kind, they will be sorely disappointed.
Only the individual can make direct choices to secure his future and solve problems - and live a life of freedom and opportunity.
It doesn’t come from government.
THIS is why ObamaCare passed.
Because Republicans wanted it too, even as they dodged responsibility by voting unanimously against it.
They knew the Democrats would vote it in, and they loved it as much as the Dems did.
From related threads …
Patriots are reminded that, regardless what FDR’s state sovereignty-ignoring activist justices wanted everybody think about the scope of Congress’s Commerce Clause powers (1.8.3), corrupt, post-17th Amendment ratification senators are either clueless, or blatantly ignoring, that previous generations of state sovereignty-respecting Supreme Court justices had clarified the following about any so-called national healthcare program.
These justices clarified that the states have not only never expressly constitutonally delegated to the feds the specific power to regulate, tax and spend for INTRAstate healthcare purposes, but also that Congress has no constitutional authority to regulate insurance. This is evidenced by the excerpts from Supreme Court case opinions below.
Regarding the constitutionality of the Obamacare insurance mandate for example, note the third entry in the list below from Paul v. Virginia. Regardless what lawless Obama’s state sovereignty-ignoring activist justices wanted everybody to think about the insurance mandate, the excerpt from Paul v. Virginia clarifies that regulating insurance is not within the scope of Congress’s Commerce Clause powers (1.8.3), regardless if the parties negotiating the insurance policy are domiciled in different states.
“Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” Justice John Marshall, Gibbons v. Ogden, 1824.
"State inspection laws, health laws, and laws for regulating the internal commerce of a State, and those which respect turnpike roads, ferries, &c. are not within the power granted to Congress [emphases added]." —Gibbons v. Ogden, 1824.
"4. The issuing of a policy of insurance is not a transaction of commerce within the meaning of the latter of the two clauses, even though the parties be domiciled in different States, but is a simple contract [emphases added] of indemnity against loss.” —Paul v. Virginia, 1869. (The corrupt feds have no Commerce Clause (1.8.3) power to regulate insurance.)
”From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added].” —United States v. Butler, 1936.
Drain the swamp! Drain the swamp!
Remember in November ’18 !
Since Trump entered the ’16 presidential race too late for patriots to make sure that there were state sovereignty-respecting candidates on the primary ballots, patriots need make sure that such candidates are on the ’18 primary ballots so that they can be elected to support Trump in draining the unconstitutionally big federal government swamp.
Such a Congress will also be able to finish draining the swamp with respect to getting the remaining state sovereignty-ignoring, activist Supreme Court justices off of the bench.
In fact, if Justice Gorsuch turns out to be a liberal Trojan Horse then we will need 67 patriot senators to remove a House-impeached Gorsuch from office.
Noting that the primaries start in Iowa and New Hampshire in February ‘18, patriots need to challenge candidates for federal office in the following way.
While I Googled the primary information above concerning Iowa and New Hampshire, FReeper iowamark brought to my attention that the February primaries for these states apply only to presidential election years. And after doing some more scratching, since primary dates for most states for 2018 elections probably haven’t been uploaded at this time (March 14, 2017), FReepers will need to find out primary dates from sources and / or websites in their own states.
Patriots need to qualify candidates by asking them why the Founding States made the Constitution’s Section 8 of Article I; to limit (cripple) the federal government’s powers.
Patriots also need to find candidates that are knowledgeable of the Supreme Court's clarifications of the federal government’s limited powers listed above.
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