Trump: GOP tax bill 'essentially' repeals ObamaCare

[mystery-ak]

Trump: GOP tax bill 'essentially' repeals ObamaCare
By Jordan Fabian - 12/20/17 12:27 PM EST

President Trump on Wednesday claimed the Republican tax plan “essentially” repeals former President Obama’s signature health-care law.

“When the individual mandate is being repealed, that means ObamaCare is being repealed,” Trump said during a Cabinet meeting at the White House. “We have essentially repealed ObamaCare and we will come up with something much better.”

The GOP tax overhaul gets rid of the Affordable Care Act’s individual mandate, which requires almost all Americans to purchase health insurance or pay a fine.

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http://thehill.com/homenews/administration/365804-trump-gop-tax-bill-essentially-repeals-obamacare

[bilo]

“When the individual mandate is being repealed, that means ObamaCare is being repealed,” Trump said during a Cabinet meeting at the White House. “We have essentially repealed ObamaCare and we will come up with something much better.”

The law though remains in place. It's the penalty for non compliance that has been lifted. Unfortunately because they had to use reconcilliation to pass the tax reform bill in 10 years the penalty becomes law again. It is still critically important to repeal the law. If they accomplish this by block granting the money to the states I'm fine with that, but the idea that the fed govt should dictate my health care must be ended.

BTW, I am rejoicing in the end of the individual mandate tax.

My point is there is still a lot to do.

[jmyrlefuller]

It's a start, and by far the most important part, but there is more that must be done. I will take partial victory over none at all, as long as we keep moving forward.

[anubias]

Mandate relief is a huge step.  Big Christmas gift to this family.

[INVAR]

President Trump on Wednesday claimed the Republican tax plan “essentially” repeals former President Obama’s signature health-care law.

Someone want to then explain why it is Mitch McConnell and his band of thugs are on the verge of passing a TAXPAYER BAILOUT of the ObamaCare Exchanges in the budget they are about to send to Trumps desk??

McConnell plans to attach the Alexander-Murray Obamacare bailout to the annual government funding bill later this week.

[Bigun]

Someone want to then explain why it is Mitch McConnell and his band of thugs are on the verge of passing a TAXPAYER BAILOUT of the ObamaCare Exchanges in the budget they are about to send to Trumps desk??

McConnell plans to attach the Alexander-Murray Obamacare bailout to the annual government funding bill later this week.

@INVAR

No one should have to explain this to you at this point but I will do so anyway.

Because their K Street masters demand it!  Really is that simple.

[XenaLee]

Mandate relief is a huge step.  Big Christmas gift to this family.

A huge half-step only, I'm afraid, though.  The way I understand it.... the mandate reappears in ten years.  So if the repeal of the mandate is temporary, it still leaves the economy in a state of limbo and uncertainty as that can was kicked down the road... again and as usual.

Now, I get that the GOP thinks it has done the best it could do.  But why allow the mandate to resurface again at all?  Why couldn't they have just permanently repealed it?   

[txradioguy]

A huge half-step only, I'm afraid, though.  The way I understand it.... the mandate reappears in ten years.  So if the repeal of the mandate is temporary, it still leaves the economy in a state of limbo and uncertainty as that can was kicked down the road... again and as usual.

Now, I get that the GOP thinks it has done the best it could do.  But why allow the mandate to resurface again at all?  Why couldn't they have just permanently repealed it?   

What the GOP has done is left the door open for the Dems to re-implement the mandate the next time they gain control of Congress.

[anubias]

A huge half-step only, I'm afraid, though.  The way I understand it.... the mandate reappears in ten years.  So if the repeal of the mandate is temporary, it still leaves the economy in a state of limbo and uncertainty as that can was kicked down the road... again and as usual.

Now, I get that the GOP thinks it has done the best it could do.  But why allow the mandate to resurface again at all?  Why couldn't they have just permanently repealed it?   

I believe it is seven years, but might be wrong on that.   The bill was passed under reconciliation.  Unfortunately, limiting it was the only way it could be passed in that form or so they say.  They can’t have a negative balance in a reconciliation bill “forcing” them play games.  I was under the impression that it would come up for renewal while Trump is still in office providing he is re-elected and we have the numbers in the House and Senate to do so. 

At this point, I’ll take whatever breadcrumbs they throw my way.  Paying for other’s healthcare after they took mine away has been a big bone of contention for me.

[Bigun]

A huge half-step only, I'm afraid, though.  The way I understand it.... the mandate reappears in ten years.  So if the repeal of the mandate is temporary, it still leaves the economy in a state of limbo and uncertainty as that can was kicked down the road... again and as usual.

Now, I get that the GOP thinks it has done the best it could do.  But why allow the mandate to resurface again at all?  Why couldn't they have just permanently repealed it?   

It probably IS the best they could do currently given the number of RINO and near RINO members of the Senate at present.

[txradioguy]

At this point, I’ll take whatever breadcrumbs they throw my way.  Paying for other’s healthcare after they took mine away has been a big bone of contention for me.

And that kind of thinking is why the Republicans in Congress will never fully repeal the disaster that is Obamacare.

Because they now there are people out there will accept scraps and thank them for it.

[INVAR]

What the GOP has done is left the door open for the Dems to re-implement the mandate the next time they gain control of Congress.

EXACTLY.

To bailout the exchanges, and keep O'Care in place in the capacity they are, will necessitate a harsher individual mandate implementation later on, if not Single Payer - which is what both parties want anyway.

All of this is just Kabuki theater.

[INVAR]

At this point, I’ll take whatever breadcrumbs they throw my way.

I marvel at this thinking.

The state STEALS your liberty - and then promises to restore it to win power.   Then they renege on doing so once they have won that power - and you, the slave that you are comfortable with being - says you will gladly accept the crumbs of the liberty they had outrightly stolen from you in the first place, tossed back at you in contempt.

This is how people justify submitting themselves to tyranny.

[XenaLee]

What the GOP has done is left the door open for the Dems to re-implement the mandate the next time they gain control of Congress.

Afraid so.  Which is... what the Demrats are counting on.  I can almost hear the reassurance bleats from the RINOs to the rats now.....

[XenaLee]

I believe it is seven years, but might be wrong on that.   The bill was passed under reconciliation.  Unfortunately, limiting it was the only way it could be passed in that form or so they say.  They can’t have a negative balance in a reconciliation bill “forcing” them play games.  I was under the impression that it would come up for renewal while Trump is still in office providing he is re-elected and we have the numbers in the House and Senate to do so. 

At this point, I’ll take whatever breadcrumbs they throw my way. Paying for other’s healthcare after they took mine away has been a big bone of contention for me.

ANY form of radical leftist 'redistribution of wealth' .... especially at the expense of middle income families.... should be a huge bone of contention for anybody.  Which is why Trump is the president now, instead of Hitlery.   The thought of losing yet more of their hard-earned money by middle class Americans was a thought they could not abide.  ^-^

[dfwgator]

It's a start, and by far the most important part, but there is more that must be done. I will take partial victory over none at all, as long as we keep moving forward.

Yep, time to embrace "incrementalism",  hopefully the economy will continue to do well, which will give Trump and the Republicans more leverage down the road.

Of course, if the economy falters, all bets are off.

[XenaLee]

It probably IS the best they could do currently given the number of RINO and near RINO members of the Senate at present.

Yes.  With RINOs like McConnell and McCain (I hate the "Mc's"...lol) you really couldn't expect much better from this current crop of cretins.  I feel sorry for the scant few good guys (Cruz is one) that have to take the fall and the blame right along with the bad ones for the lack of accomplishments for 'this' congress. 

It remains to be seen just how good this bill will be for the economy.  I think just the lowering corporate taxes part will be a huge boon for business, big and small, in America.  Which is one reason the leftists have their collective panties in a wad as we speak.   ^-^

[XenaLee]

Yep, time to embrace "incrementalism",  hopefully the economy will continue to do well, which will give Trump and the Republicans more leverage down the road.

Of course, if the economy falters, all bets are off.

If the economy falters, it won't be because of this tax bill.  It will be because, as usual, the radical left is busily and furiously working behind the scenes to tank the economy under a Republican president so they can, once again, blame it all on the opposition.

[Bigun]

Yes.  With RINOs like McConnell and McCain (I hate the "Mc's"...lol) you really couldn't expect much better from this current crop of cretins.  I feel sorry for the scant few good guys (Cruz is one) that have to take the fall and the blame right along with the bad ones for the lack of accomplishments for 'this' congress. 

It remains to be seen just how good this bill will be for the economy.  I think just the lowering corporate taxes part will be a huge boon for business, big and small, in America.  Which is one reason the leftists have their collective panties in a wad as we speak.   ^-^

@XenaLee

Cutting the Corporate income tax rate is a good thing to be sure but doing that will not have effects remotely like just getting rid of entirely would because the costs of compliance for many are far more than their actual tax liability if any.  They may never have an actual tax liability but the costs of compliance will always be there regardless of whether they do or not and it all gets passed right down the line along with all the other things on the debit side of the ledger.

[Emjay]

What the GOP has done is left the door open for the Dems to re-implement the mandate the next time they gain control of Congress.

What the GOP has done is repeal the mandate.  Period.

If the dems gain control of Congress, all hell will break loose in many ways.

No one party can decree something forever.  Stop whining.

[endicom]

It's a start, and by far the most important part, but there is more that must be done. I will take partial victory over none at all, as long as we keep moving forward.

We've retrogressed one step at a time and that may the only way to progress. As long as we keep moving forward.

[XenaLee]

@XenaLee

Cutting the Corporate income tax rate is a good thing to be sure but doing that will not have effects remotely like just getting rid of entirely would because the costs of compliance for many are far more than their actual tax liability if any.  They may never have an actual tax liability but the costs of compliance will always be there regardless of whether they do or not and it all gets passed right down the line along with all the other things on the debit side of the ledger.

Good point.... except that.... the corporate tax rate will never ever be "gotten rid of entirely".  You do know that.  Right?   ^-^

I look at it like this.   In this era of RINO-infested post Obamanation....

we have to take what small victories we can get.   Lowering the corporate tax rate is a small victory.

[XenaLee]

What the GOP has done is repeal the mandate.  Period.

If the dems gain control of Congress, all hell will break loose in many ways.

No one party can decree something forever.  Stop whining.

Actually, even IF the rats regain majority control of Congress... they won't be able to re-install the mandate as long as Trump has the power of veto.   

@txradioguy

They can and probably will try though.   Their screeching alone will be primo entertainment at that point. 

[Bigun]

Good point.... except that.... the corporate tax rate will never ever be "gotten rid of entirely".  You do know that.  Right?   ^-^

I look at it like this.   In this era of RINO-infested post Obamanation....

we have to take what small victories we can get.   Lowering the corporate tax rate is a small victory.

No! I don't know that and will continue trying to make it happen for as long as I continue to breathe! It's a complete subtrafuge!

[LonestarDream]

More winning.

Insurance companies will not underwrite bamacare now. 

@don-o
@DiogenesLamp

“When the individual mandate is being repealed, that means ObamaCare is being repealed,” Trump said during a Cabinet meeting at the White House. “We have essentially repealed ObamaCare and we will come up with something much better.”

The law though remains in place. It's the penalty for non compliance that has been lifted. Unfortunately because they had to use reconcilliation to pass the tax reform bill in 10 years the penalty becomes law again. It is still critically important to repeal the law. If they accomplish this by block granting the money to the states I'm fine with that, but the idea that the fed govt should dictate my health care must be ended.

BTW, I am rejoicing in the end of the individual mandate tax.

My point is there is still a lot to do.