Trump Tries Again On Healthcare and Taxes
President Donald Trump recently met with Democrat leaders in an attempt to repeal and replace Obamacare since his own party wouldn’t do it after saying they would for seven years if given the house, senate, and presidency. The American people voted them in and they voted it down thanks to the likes of RINO never-Trumpers Paul Ryan, Mitch McConnell, and John McCain. I don’t blame him for trying to appeal to the other side in this instance, but I don’t think he would meet with much success there since it is their own plan and they don’t want changes so like in most cases he’ll do it himself and next week is expected to roll back some Obamacare requirements.
President Donald Trump will sign an executive order next week to start lifting some insurance rules set by his predecessor’s Affordable Care Act in the aftermath of the failed Republican bid to repeal the law, a senior administration official said Saturday.
The order is aimed at expanding insurance options for Americans who buy coverage on their own or work for a small employer, and would include broad instructions for agencies to explore ways to loosen regulations and potentially lower premiums, as well as looking at three specific areas of health insurance. It has been anticipated by industry officials and political observers in the days since the GOP repeal effort crashed.
Republicans have long contended that the insurance rules set by the 2010 health law, popularly dubbed Obamacare, have driven up premiums in the individual and small group markets, for healthier Americans especially. Democrats and supporters of the law typically counter that the rules have protected consumers from unwittingly buying shoddy products and helped subsidize the costs of sicker Americans.
Mr. Trump will order three agencies, the departments of Health and Human Services, Labor and Treasury, to take steps to make it easier for people to band together and buy insurance through “association health plans,” the official said.
Such plans would in some ways be like large employer’s health plans, subject to some restrictions set by the Affordable Care Act, including a ban on lifetime limits. But they would be free of other regulations, including the requirement that insurance plans cover a set package of benefits. These plans are popular with conservatives; some insurers fear that associations would peel off healthier and younger individuals and leave traditional insurance plans to cover sicker and older customers.
The president also will order the agencies to start winding back an Obama-era rule curbing coverage known as “short-term medical insurance,” a low-cost but limited-protection option, and allow people to once again buy those plans for up to a year, the official said.
These wimpy Republicans are so ridiculous in their thinking. All they have to do is work with Trump for three months on his agenda of lower taxes, energy independence, the wall and repealing and replacing Obamacare and they would own Washington for a generation. It’s that simple, but they would rather not be in charge and be the party that sits back and criticizes the other.
Recently Sean Hannity interviewed Rush Limbaugh and Rush said “The Republicans didn’t expect to win and weren’t prepared for it. They’ve become accustomed to being in the minority and being the loyal opposition which means caving into everything the Democrats want. The voters come second and donors first.”
Limbaugh went on to explain that they don’t want Trump to succeed because they can’t afford it. They can’t afford an outsider to come in and fix problem s that have been plaguing Americans for 30 years because it will make them look bad, “Democrats think they know better how to spend your money and run your life better than you do,” Limbaugh said.
Ronald Reagan slashed personal income rate from 70% to 28% which expanded GOP growth, gov’t revenues nearly doubled and he created 20 million new jobs. Trump is trying to do the same thing and make the tax code more affordable. Right now the top wage earners pay 70% of the taxes. Under Trump’s plan, the top wage earners won’t see a decrease and that’s where it should be because that’s where the growth is.
Democrats love to foment class warfare by saying” tax the rich,” but when you tax the rich the economy stagnates. When you lower taxes on the rich they hire more, the rich are people who spend money on lavish things like cars, yachts and expensive jewelry and invest more and that all goes back into the economy. It’s that simple.