Search Google

6/23/17

Abbreviated pundit roundup: Senate GOP unveils massive tax cut for the rich as its health care bill

We begin today’s roundup with The New York Times and its editorial on the Senate Republican health care bill, which is nothing more than a massive tax cut for the wealthy at the expense of the nation’s most vulnerable:

It would be a big mistake to call the legislation Senate Republicans released on Thursday a health care bill. It is, plain and simple, a plan to cut taxes for the wealthy by destroying critical federal programs that help provide health care to tens of millions of people. [...]

If passed in its current form, the Senate bill would greatly weaken Medicaid, the federal-state program that provides insurance to nearly 69 million people, more than any other government or private program. It would do this by gradually but inexorably shifting more of the financial burden of Medicaid to states, in effect, forcing them to cover fewer people and to provide fewer services. Over all, the Senate would reduce federal spending by about $1 trillion over 10 years and use almost that much to cut taxes for rich families and health care companies.

The Washington Post agrees:

It includes a range of mostly unwise and ungenerous changes to the nation’s health-care system, but it might, if enacted, end up as mostly a massive, unpaid-for tax cut for wealthy people and industries with pull on Capitol Hill. [...] 

The cynicism of this exercise is evident in its staging. The bill would kill a variety of taxes right away, but the subsidy and Medicaid cuts would not phase in until after the 2018 midterm election. It would be left to future Congresses to allow severe cuts to the safety net or major expansion of the federal debt, or a combination of the two. Instead of forcing this choice between Americans’ physical health and the nation’s fiscal health, senators should end this repeal-and-replace disaster now.



from Daily Kos http://ift.tt/2sJhJQq

0 التعليقات:

Post a Comment

Search Google

Blog Archive