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Thread: CBO New Score Is Out From Trumpcare

  1. #11
    Southern Strategy Liberal OldGaffer's Avatar
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    Quote Originally Posted by Spookycolt View Post
    Actually it is going belly up.

    It's why providers are running from it. Remember the CBO had to revise their estimates 6 times and each one got worse.

    Obamacare has no funding which is why Obama kept pushing the bad parts back.

    It's going broke.

    If this bill doesn't pass most people will be tossed off of it, that's a simple fact.
    It has funding, that is the trillion dollar tax cut for billionaires that the Republicans are trying to pass. This has been discussed on the board before, but of course, you have a memory wipe every night and never remember a fucking thing from one day to the next.

    Read, learn:

    Obamacare’s Funding: Where the money comes from and where it goes?
    Story: Where Does the Money Come From? Besides the Individual Mandate penalty/tax, there are numerous NEW or INCREASED taxes and fees to fund all that is required by this law.
    +.9% Increase in Medicare Tax Rate (plus next item…) *
    3.8% New Tax on unearned income for high-income taxpayers= $210.2 billion ($200,000 for individual and $250,000 for joint filers)*
    New Annual Fee on health insurance providers = $60 billion (For calculation - Sec 9010 (b) of the PPACA.)[1]
    40% New Tax on health insurance policies which cost more than $10,200 for an individual or $27,500 for a family, per year = $32 billion (inland tax as opposed to an importation tax)
    New Annual Fee on manufacturers and importers of branded drugs = $27 billion (For calculation - Sec 9008 (b) of the PPACA)[2]
    2.3% New Tax on manufacturers and importers of certain medical devices = $20 billion
    +2.5% Increase (7.5% to 10%) in the Adjusted Gross Income floor on medical expenses deduction = $15.2 billion
    Limit annual contributions to $2,500 on flexible spending arrangements in cafeteria plans (plans that allow employees to choose between different types of benefits) = $13 billion
    All other revenue sources = $14.9 billion
    10% New Tax imposed on each individual for whom “indoor tanning services” are performed.
    3.8% New Tax on investment income. Includes: gross income from interest, dividends, royalties, rents, and net capital gains. Investment income does not include interest on tax-exempt bonds, veterans’ benefits, excluded gain from the sale of a principle residence, distributions from retirement plans, or amounts subject to self-employment taxes. (The lesser of net investment income or the excess of modified Adjusted Gross Income over a the dollar amount at which the highest income tax bracket, typically $250,000 for married filing jointly and $200,000 filing as an individual).*
    All of these taxes are repealed with the ACA, that is the point of the repeal. The real question is how is Trumpcare going to be funded without any of this tax money?

    Obamacare?s Funding: Where the money comes from and where it goes? | Align America

    And the answer is it isn't, that is why 23 million lose coverage with Trumpcare.
    Thanks from HayJenn and BigLeRoy

  2. #12
    Galactic Ruler Spookycolt's Avatar
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    Quote Originally Posted by OldGaffer View Post
    It has funding, that is the trillion dollar tax cut for billionaires that the Republicans are trying to pass. This has been discussed on the board before, but of course, you have a memory wipe every night and never remember a fucking thing from one day to the next.

    Read, learn:





    All of these taxes are repealed with the ACA, that is the point of the repeal. The real question is how is Trumpcare going to be funded without any of this tax money?

    Obamacare?s Funding: Where the money comes from and where it goes? | Align America

    And the answer is it isn't, that is why 23 million lose coverage with Trumpcare.
    Pretty numbers but you might want to ask why insurers are running from it in droves because they are getting stuck with costs.

    If it's funded why did Aetna leave?

  3. #13
    Southern Strategy Liberal OldGaffer's Avatar
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    Quote Originally Posted by Spookycolt View Post
    Pretty numbers but you might want to ask why insurers are running from it in droves because they are getting stuck with costs.

    If it's funded why did Aetna leave?
    Congress is withholding funds, trying to make it collapse.

    Congress Weakens Obamacare By Limiting ?Bailout? Funds for Insurers | The Fiscal Times

    Insurers to Congress: Stabilize Obamacare in next 30 days - Feb. 1, 2017

    Government short-changed Obamacare insurer $200 million
    Thanks from Amelia, labrea and BigLeRoy

  4. #14
    Southern Strategy Liberal OldGaffer's Avatar
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    Quote Originally Posted by Spookycolt View Post
    Pretty numbers but you might want to ask why insurers are running from it in droves because they are getting stuck with costs.

    If it's funded why did Aetna leave?
    Republicans only have one objective, and that is the massive tax cut for the rich they can get by repealing the ACA. They could care less if every American in the country loses insurance or is fucked in any way, you know that, and I know it.

  5. #15
    told you so Amelia's Avatar
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    And one of Trump's first acts as president was to pull the plug on the informational ads people needed as the enrollment deadline loomed, putting a damper on the usual last minute enrollment surge.

    Can't encourage people to enroll -- that could make it harder to push the ACA into a death spiral.

  6. #16
    Southern Strategy Liberal OldGaffer's Avatar
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    Republicans now pushing "trickle down" onto healthcare.....

  7. #17
    told you so Amelia's Avatar
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    Quote Originally Posted by OldGaffer View Post
    Republicans now pushing "trickle down" onto healthcare.....
    But Trump's gonna give us 3% growth, baby, so everything is gonna be fine.
    Thanks from labrea

  8. #18
    Member fenrir's Avatar
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    Quote Originally Posted by Spookycolt View Post
    Yeah well it would be nice if we had a money tree but we don't.

    Figure out a way to pay for it, which Obamacare didn't, and we will cover everyone.
    Well, so far it's been the working class that has paid for all of this.

  9. #19
    Member fenrir's Avatar
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    Quote Originally Posted by OldGaffer View Post
    Republicans now pushing "trickle down" onto healthcare.....
    It's somehow got to be better than Obama's plan which was for all of us working class stiff's footing the bill.

  10. #20
    Galactic Ruler Spookycolt's Avatar
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    They didn't short change then, we don't have the money to bail them out.

    What part of that do you not get?

    Money doesn't just appear out of nowhere.

    Do you have any idea what a budget is?

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