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Thread: House blocks funding for health care law

  1. #171
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    Re: House blocks funding for health care law

    Quote Originally Posted by The Prof View Post
    income equality is a very small minded goal, at its hungry heart it's envious and divisive
    What is being discussed is taxation equality and raising sufficient revenues that together with cuts in spending will enable us to finally start paying down our national debt.

    That is one of the reasons I support the health care bill. "CBO says health care repeal would deepen deficit"
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: House blocks funding for health care law

    Quote Originally Posted by Sgt Meowenstein View Post
    If it makes it through the Senate, Obama will veto it.
    LOL!

    says the parliamentarian who believes that a continuing resolution kills obamacare

  3. #173
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    Re: House blocks funding for health care law

    Quote Originally Posted by Catawba View Post
    What is being discussed is taxation equality and raising sufficient revenues that together with cuts in spending will enable us to finally start paying down our national debt.
    you're backpedaling, not like you

    That is one of the reasons I support the health care bill. "CBO says health care repeal would deepen deficit"
    yes, at the expense of more than THREE QUARTERS OF A TRIL in new revenues

    Director's Blog Blog Archive Additional Information on CBO’s Preliminary Analysis of H.R. 2

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    Re: House blocks funding for health care law

    Quote Originally Posted by The Prof View Post
    yes, at the expense of more than THREE QUARTERS OF A TRIL in new revenues

    Director's Blog Blog Archive Additional Information on CBO’s Preliminary Analysis of H.R. 2
    What excellent data! I had not seen this. Too bad you didn't comprehend what you were reading. H.R. 2 is the GOP bill to repeal health care, but were you correct when you stated it would reduce revenues by 770 billion over the next ten years.

    Excellent point for keeping the health care bill! Thanks!!!!!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: House blocks funding for health care law

    yup, hr2---repeal---would eliminate more than three quarters of a T in new taxes, fines, fees and mandates

    ie, revenue

    you got it

    LOL!

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    Re: House blocks funding for health care law

    Quote Originally Posted by Catawba View Post
    What excellent data! I had not seen this. Too bad you didn't comprehend what you were reading. H.R. 2 is the GOP bill to repeal health care, but were you correct when you stated it would reduce revenues by 770 billion over the next ten years.

    Excellent point for keeping the health care bill! Thanks!!!!!
    Because it repeals the taxes and fines, no doubt.

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    Re: House blocks funding for health care law

    your emphasis:

    Without offsets, further erosion of corporate tax revenues—either through lower statutory tax rates or through special preferences—would expand the already wide and growing income inequality in the United States.

    income equality is a petty minded goal, it's resentful and divisive, it pits one group of americans against another

    grow up

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    Re: House blocks funding for health care law

    Quote Originally Posted by The Prof View Post
    yup, hr2---repeal---would eliminate more than three quarters of a T in new taxes, fines, fees and mandates

    ie, revenue

    you got it

    LOL!
    Quote Originally Posted by reefedjib View Post
    Because it repeals the taxes and fines, no doubt.

    I must have missed that part in the CBO report. Please quote it for us. Thanks!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: House blocks funding for health care law

    Quote Originally Posted by The Prof View Post
    income equality is a petty minded goal, it's resentful and divisive, it pits one group of americans against another
    The class war began under Reagan when he slashed the progressive taxes.

    "'There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning." - Warren Buffett

    You can only try to squeeze so much blood from the middle class before we begin to fight back.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: House blocks funding for health care law

    Quote Originally Posted by Catawba View Post
    I must have missed that part in the CBO report. Please quote it for us. Thanks!
    But PPACA and the Reconciliation Act also included a number of provisions to reduce federal outlays (primarily for Medicare) and to increase federal revenues (mostly by increasing the Hospital Insurance payroll tax and imposing fees on certain manufacturers and insurers); in March, CBO and JCT estimated that those provisions unrelated to insurance coverage would, on balance, reduce direct spending by about $500 billion and increase revenues by about $410 billion over the 2012–2019 period.

    If that legislation was repealed, such reductions in spending and increases in revenues would not occur. Thus, H.R. 2 would, on net, increase federal deficits over that period.
    I have no idea how the Healthcare Bill is saying that it will reduce federal outlays of Medicare, when I thought that it was INCREASING Medicare coverage. Something funny is going on, here. Are they reducing or capping Medicare benefits?

    The Hospital Insurance payroll tax and imposing fines generates $410 billion over 7 years and that is including at least 2 years (prior to 2014) where it is not in full effect.

    The whole Healthcare Bill is fishy.

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