Tag Archives: Healthcare Reform

New Taxes for Health Care Help Obama ‘Spread the Wealth Around’

It snowed here in Texas over the weekend – must have been a precursor to HELL FREEZING OVER.  The following is from BLOOMBERG.  To quote Bill Engvall “THERE’S YOUR SIGN”

I must say that it is disturbing how “matter of fact” this article is.

President Barack Obama said on the campaign trail in October 2008 that he wanted to “spread the wealth around.” With Obama on the verge of signing sweeping health-care overhaul legislation, he’s about to do just that.

High-income investors would pay higher Medicare taxes, tax breaks for out-of-pocket medical deductions would be curtailed, and it would cost insurance companies more to pay executives millions of dollars. Those levies will help fund expansion of Medicaid services for the poor and subsidize health insurance to cover millions who don’t currently have benefits.

“It’s very clear that taxes are levied on the wealthy and the benefits will spread across the entire income distribution, with a lot going to expanded Medicaid distribution and expanding health insurance,” said Roberton Williams, an economist at the Tax Policy Center, a Washington research institute backed by the Urban Institute and Brookings Institution. “One couldn’t claim he didn’t keep that promise” to “spread the wealth around.”

In all, the bill would generate $409.2 billion in additional taxes by 2019, according to an analysis by the congressional Joint Committee on Taxation, a nonpartisan agency. The bill also imposes about $69 billion more in penalties for individuals and businesses who don’t meet mandates to buy insurance, according to theCongressional Budget Office, another nonpartisan agency.

READ THE REST OF THE ARTICLE HERE – New Taxes for Health Care Help Obama ‘Spread the Wealth Around’ – Bloomberg.com.

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Filed under 10th Amendment, Article 1 Section VII, Barack Obama, Big Government, Congress, Constitution, Cronyism, DEFICIT, Dictators, Economics, Elections, Entitlements, Government Spending, Healthcare Reform, House of Representatives, Ideology, IRS, Medicaid, Medicare, Progressives, SEIU, Socialism, United States of America

Breaking: “Fix” Bill May Not Advance In Senate

Breaking: “Fix” Bill May Not Advance In Senate

Senate Democrats Refuse Bi-partisan Meeting With Parliamentarian Until After House Votes

Senate Democrats have balked at a bi-partisan meeting with the Senate Parliamentarian to discuss a rule violation that could doom the entire House reconciliation proposal.

DON STEWART, McCONNELL SPOKESMAN: “Republicans have been trying to set up a meeting with Senate Democrats since yesterday to discuss this fatal point of order but have been met with nothing but silence. We suspect Democrats are slow walking us so as to have the House vote first. Since Senate Democrats refuse to meet with us and the Parliamentarian, we’ve informed our colleagues in the House that we believe the bill they’re now considering violates the clear language of Section 310g of the Congressional Budget Act, and the entire reconciliation bill is subject to a point of order and rejection in the Senate should it pass the House.”

BACKGROUND

DEMOCRAT LEADERSHIP RELEASE: “The Congressional Budget Office estimate of the health care legislation shows an increase in Social Security revenues… CBO projects that the resulting increase in wages will generate $29 billion in additional FICA contributions to the Social Security Trust Fund.”(“Health Care Reform Update,” Office of Rep. Steny Hoyer, 3/21/10)

CONGRESSIONAL BUDGET ACT: “LIMITATION ON CHANGES TO THE SOCIAL SECURITY ACT.—Notwithstanding any other provision of law, it shall not be in order in the Senate or the House of Representatives to consider any reconciliation bill or reconciliation resolution reported pursuant to a concurrent resolution on the budget agreed to under section 301 or 304, or a joint resolution pursuant to section 258C of the Balanced Budget and Emergency Deficit Control Act of 1985, or any amendment thereto or conference report thereon, that contains recommendations with respect to the old-age, survivors, and disability insurance program established under title II of the Social Security Act.”(Congressional Budget Act Of 1974, Sec. 310g, P. 31)

Republican.Senate.Gov – Blogs.

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Filed under Abortion, Barack Obama, Big Government, Congress, Entitlements, Government Spending, Healthcare Reform, House of Representatives, Liberals, Medicaid, Medicare, Parlaimentary Procedure, Reconciliation, Senate, Social Security, Socialism

‘No verse about “deeming” in Schoolhouse Rock’

THE FOLLOWING IS A GREAT OPINION PIECE FROM THE WASHINGTON EXAMINER.  I think the author, David Freddoso makes a GREAT POINT!

As a subtle rejoinder to those whining about health care and the filibuster as if it somehow overturns what we learned in civics class, Republican Study Committee Chairman Tom Price, R-Ga., sends a short e-mail on the so-called “Slaughter Solution,” by which House Democrats avoid a vote on health care and simply “deem” it passed in a House rule:

We’re pretty sure there’s no verse about “deeming” in Schoolhouse Rock. It begs the question: why vote on anything at all? Instead of going to the polls next November, Americans can just deem who will represent them in Congress.

UPDATE: The American Prospect’s Tapped blog offers up Democratic Party talking points defending this parliamentary trick.

via Update: ‘No verse about “deeming” in Schoolhouse Rock’ | Washington Examiner.

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