Diciembre 15, 2019

Why Trump, Congress must shore up Obamacare

05 Agosto 2017, 09:47 | Bibiana Flor

Why Trump, Congress must shore up Obamacare

Why Trump, Congress must shore up Obamacare

Many Republicans have not shown support for Trump and refused to go though with this repeal because they felt the plan was vague and left no cushion if the bill were to be repealed.

As a first step Tuesday, the Senate confirmed former Justice Department lawyer Christopher Wray as the new Federal Bureau of Investigation chief, replacing James Comey, who was sacked by President Donald Trump.

On Tuesday, the majority leader fumed after Schumer and other Democratic leaders penned a letter that said they would work with Republicans on tax reform but had several non-negotiables.

Senator Roy Blunt (R-Miss.) was quick to deflect blame for his party's failure to come up with a substantive replacement to Obama's landmark health care initiative, the Affordable Care Act.

The same day the health care bill collapsed last week, the "Big Six" negotiators announced a very broad outline of what Republicans hope to achieve with a tax overhaul. Lamar Alexander (R-TN), who chairs the main Senate panel that deals with health policy matters. But that is the plan, and McConnell has given the game away. (Don't believe me? Mitch McConnell, May 16: "It will have to be revenue neutral.") So that means, by process of elimination, that the unacceptable condition is the Democrats' insistence that tax reform not give rich people a net tax cut.

"What makes me optimistic is there is an intense desire for success, accelerated by the loss on health care, to push this one across the finish line", he said.

While the party never really coalesced around an alternative to the Affordable Care Act, every Republican in Congress supports tax cuts.

The group's proposal includes mandatory funding for cost-sharing reduction payments; the creation of a stability fund; a repeal of the medical device tax; and to raise the threshold of the employer mandate so that companies with 500 employees or more, rather than 50, are required to provide workers with health insurance.

Republicans controlling Congress are gearing up to advance their tax measure this fall, promising to lower rates on businesses and individuals, while clearing out many tax breaks and deductions.

But, the prospect of a bipartisan bill this time fizzled quickly earlier this week. Most of the movement toward the Democratic side of the ballot was driven by independents: 34 percent said they'd vote for a Democrat, up 4 points from last week, while 25 percent said they'd opt for a Republican, down 4 points. Ted Cruz of Texas appeared confident Republicans would pass a health care bill in the end. Overhauling the tax code? Under reconciliation, Republicans could approve tax reform using their narrow Senate majority, bypassing Democrats entirely.

"A word of caution: I think the same thing will happen on tax reform if they try to follow this same model (as health care)", McCaskill said in a recent call with Missouri reporters. Dean Heller, R-Nev. while speaking during a luncheon GOP leadership, Wednesday, July 19, 2017, in the State Dinning Room of the White House in Washington.

Already, staff is working on draft legislation.

As for the middle class, Republicans say they want to simplify the code for the average tax filer and offer middle-class tax relief of some kind. And, because the bill passed with enough votes to override a presidential veto, Trump had little choice but to sign it, which he did in private, without the customary presence of a bill's sponsors and the press. They'll face voters back home who have cause for frustration about an unproductive Congress led by a party given over to infighting.

As the USA stock market hit a new all-time high Wednesday, key US lawmakers staked out core positions for a looming battle that could impact economic performance for decades: reforming America's complicated and much-maligned tax system.

Otras noticias

Tendencias Ahora

Fraud probe delays Venezuela assembly launch
He said the reason for the delay was that 35 newly elected members had not yet been officially declared by electoral authorities. Smartmatic , based in London, said its electronic voting system was tamper-proof as it self-reports interference.

Community Shield match preview with Llion Carbis — Arsenal
Arsene Wenger will be missing Santi Cazorla (ankle surgery), Gabriel Paulista (knee) and Joel Campbell (wound) through injury. Chelsea coach Antonio Conte will be hoping that the curse of the English champions does not strike him down this season.

Coutinho ideal Neymar replacement — Barcelona legend Ronaldinho
The Brazilian winger is being heavily linked to a shock move to PSG, who are willing to shell out his €222 million release clause. Chiefly that's because Jurgen Klopp's greatest strength isn't buying new players but improving his current ones.

Terrorist attack NATO convoy, foreign soldier's feared killed — Afghanistan
Photos of the site showed one partially destroyed armored vehicle, with the rear of the truck particularly badly damaged. Security was heightened in Herat in advance of the rallies, in which protesters are demanding better protection.

John Kelly must quell the White House chaos | Guest Editorial
Since starting this week, Kelly has told aides that anyone briefing the president needs to show him the information first. In addition to strain in the West Wing and with Congress, Kelly starts his new job as tensions escalate with North Korea.

De Grasse injures hamstring, out of worlds
I totally understand that he doesn't want to increase the pressure prior to Worlds by going in with a potential loss. It's great to learn from these guys. "It's definitely a good space to be in.

Mourinho: €222million For Neymar Is Cheap
Figures appearing in the media suggest that Paris Saint-Germain's total outlay for the Neymar deal will be circa £400 million. PSG's 2015/16 revenue came to 521 million euros, according to Deloitte's Football Money League report issued in January.

Dodgers News: Yu Darvish Makes 1st Dodgers Appearance Tonight
The home run for Puig turned a one-run lead into a two-run lead for the Dodgers. "He's tough, he's really good. From 10 earned runs to 10 strikeouts, Yu Darvish dazzled in his Dodgers debut after a rough exit from Texas .

Audi Cup: Daniel Sturridge suffers thigh injury as Liverpool beat Bayern Munich
With the Spanish champions focused on signing Mbappe, Barca see an opportunity to strike a blow by moving on on Hazard. Klopp also praised the club's head of nutrition Mona Nemmer, who arrived from Bayern Munich a year ago.

Scaramucci Whacking Shows There's A New Sheriff in Town
We trace the idea for the joke to Twitter user Andrew Nathanson, which is where Reed took his cue to bring it to life. Both former White House press secretary Sean Spicer and Priebus left during his time as communications director.