Aca Taxes News Today

It is thursday, june 22nd. joe should be back with us tomorrow. still with us, mike barnicle, sam stein, elise jordan, and joining the conversation in washington, jake sherman. good to have you on board, jake. were hours away from seeing the draft health care bill. many of those voting on it are still waiting to read it. they want the details. and yet, majority leader mitch mcconnell will seek a vote before the end of the week. -- end of next week. a discussion draft of the bill is reported to i...

Garden ceremony for hes now turned on. he says its too mean and he doesnt like it. >> all of those people clapping in the rose garden, what are they doing now? >> theyre panicking, because they have no idea what this president will actually put his force behind. he has no idea, i think, what he wants and expects from a health care bill himself. >> so, the president is 100% correct, we have never seen this before, ever. but first, lets get right to health care. were just hours away from seeing th...

Of next week. a discussion draft of the bill is reported to include deep cuts to federal medicaid funding. a repeal of all aca taxes, except on my cost cadillac plans, and it eliminates all funding for planned parenthood. a difference from the house bill is it ties federal insurance subsidies to income, not to age. it provides more gradual cuts than the house bill while offering deeper long-term medicaid cuts, and unlike the house, it will let federally subsidized health plans cover abortions. l...

Frustration the first time the aca died because theres about a trillion dollars of tax cuts in this plan. >> again, this is money -- you can shuffle money around. what they were basically talking about was that if you didnt repeal the aca taxes now, then youd have to use some of the money you might want to use for other tax cuts to repeal the aca taxes or some of them anyway later. thats what theyre talking about. >> but when you look at the balance sheet of this bill and the cbo score of the fi...

Tried from a policy standpoint numerous times. >> this is why we got obamacare frankly because we had this in 30 or 35 states before 2010 and it didnt work. there was never enough money. people even with very serious illnesses often still couldnt get insurance and they had to wait, pay out of their own pocket for six months or a year before they got it. and the reason we got the what they were basically talking about was that if you didnt repeal the aca taxes now, then youd have to use some of t...