via twitter.
We are keeping an eye on this issue.
via twitter.
Related Reading:
How the House Affordable Care Act (ACA) Repeal Legislation Affects Seniors.
- Reduces Medicare Part A Hospital Insurance Trust Fund Solvency by Three Years.
- Ends Medicaid Expansion.
- Per Capita Cap on Federal Medicaid Payments to States.
- If Medicaid is cut by nearly $369 billion, states would have to make up the lost funding or – more likely – cut eligibility and/or benefits – including long-term care coverage.
The bill that has emerged from closed-door negotiations between House and Senate Republicans remains deeply harmful to the working class, the elderly, and the sick. The only good news is that the bill retains the medical expense deduction which so many older Americans rely upon. The rest is bad news.
- Triggers an automatic $25 billion cut to Medicare.
- Blows a $1.5 trillion hole in the federal debt, inviting future cuts to Social Security, Medicare, and Medicaid.
- Zeroes-out the tax penalty for the Obamacare coverage mandate, which will cause an estimated 13 million Americans to lose insurance – and result in higher premiums for older adults (an average of $1,500 in 2019).
- Uses the paltry “Chained CPI” inflation index to calculate adjustments to tax brackets and deductions, which will not only result in tax increases, but could ultimately result in lower Social Security cost-of-living adjustments (COLAs).
More on this issue can be read here.
BREAKING – House GOP Passes Their Tax Reform Bill
By passing their Robin Hood-in-Reverse tax legislation today, House Republicans have sent a crystal-clear message: the elderly, disabled, poor, and working class are no longer part of the GOP’s vision for America.
This craven giveaway to the wealthy and big corporations at the expense of everyone else flies in the face of public opinion, basic decency, and good old common sense.
More from our press release can be read by clicking here.
President Trump promised to lower prescription drug prices, but look who he just named as the new Secretary of Health and Human Services.
BREAKING NEWS!
Senate Republican leaders decided on Tuesday to not hold a vote on a last-ditch attempt to repeal and replace Obamacare before a critical, end-of-the-month deadline, a GOP aide told The Daily Beast.
Sens. Lindsey Graham (R-S.C.) and Bill Cassidy (R-LA) had been pushing for a vote on their legislation that would block-grant federal funds to individual states. But the duo, along with Senate Majority Leader Mitch McConnell (R-KY), chose not to hold a vote because the bill lacked enough support. They delivered the news to colleagues at a caucus lunch Tuesday.
via The Daily Beast.
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The GOP’s last-ditch effort to repeal and replace Obamacare received what appeared to be a fatal blow Monday evening when Sen. Susan Collins, R-Maine, announced her decision not to support the bill, becoming the crucial third Republican to oppose it.
via NBC News.
We have been keeping an eye on Congress and their decisions during the Graham-Cassidy health care debate.
Read more from the Congressional timeline by clicking here.
Regretfully, the Majority Leadership is rushing the Senate to blindly consider Graham-Cassidy without a full Congressional Budget Office (CBO) score. CBO previously estimated that repeal-without-replace would cause 32 million people to lose health coverage.