For years after the passage of the Affordable Care act, the republican party, house and senate, has called for the repeal of the bill. And yet when the time came with the majority of republicans in the house and the senate, of course a republican president , and the task was immediately before them, they faltered because they didnt have a replacement. They didnt have something to propose that was better. And as a consequence, their efforts stopped short, one vote short on the floor of the Senate Several weeks ago. Now, we still face some they didnt have something to propose is better and as a consequence, their efforts stopped one vote short on the floor of the Senate Several weeks ago. We face some significant challenges, some very immediate. Before the end of september we will face the prospect of reauthorizing the Childrens Health Insurance Program, this Program Provides Health Insurance coverage for 9 million children and pregnant women across the country, 350,000 in my state. This
In washington dc and trickle down. It bottoms up. People come forward and say that is not the way to go and say here is the way to make our lives better. I yield the floor. I note the absence. Mister president. Senator from massachusetts. I request permission to speak. Senator is recognized. Mister president , seven weeks since the senate voted down three versions of republican bills to repeal the Affordable Care act from each of these terrible bills would have stripped healthcare coverage from tens of millions of american and raise costs for millions more. During the seven weeks followed the last of those votes no one has clamored for another try. With calls for republicans to go one more round in their efforts to rip up the Medicaid Program, emails and letters asking for legislation to jack up the costs for people with preexisting conditions, tweets and facebook posts dont demand insurers get the chance to drop coverage from Mental Health issues and addiction treatment. Instead the f
Half of america. Social security numbers, birth dates, home addresses, phone numbers, even credit card numbers all in the hands of criminals. Ive heard from working families in massachusetts and all across the country since then. The equifax is a nightmare. At best it is a giant hassle. Time on hold with credit reporting agencies, fees for this service and that service, confusion about whats been stolen and what to do about it. At worst, it could be ruinous, a lifetime of responsible spending and borrowing wiped out by Identity Theft and fraud. People are outraged and rightly so. Bad enough that equifax was so sloppy that they let hackers into their system, but the companys response has been even worse. First, equifax hid the information about the breach for 40 days 40 days. Equifax gave criminals a 40day head start to use the information they had stolen while the rest of us were left in the dark. And then, when equifax fine lily decided to disclose the breach, they didnt call or send
We will discuss ways to improve the business provisions of the u. S. Tax code with an eye toward creating jobs and boosting wages for American Workers and improving our countries overall business climate. This hearing is part of our ongoing effort following years of tax hearings and last weeks hearing on individual reform. To report comprehensive tax reform legislation later this year. Members of both parties recognize the need to reform the way we tax businesses in the United States. As a former president as former president obama noted when discussing his own framework for Business Tax Reform, the Current System, quote, does too little to encourage job creation and investment in the United States while allowing firms to benefit from incentives to locate production and shift profits ov overseas. Ent kwoed. As we know, many elements of a particular businesss tax burden depend on the companys organizational form. For example, C Corporations are taxed at the Corporate Tax rate. According
She covers health care in that. Talk about the drivers of this. Who are the two senators, what are they interested in and tell us about the legislation . Guest the republican senators working on the plan are bill cassidy of louisiana and Lindsey Graham of south carolina. Bill cassidy was a physician before coming to congress. Lindsey graham and him started working early in the summer around when Senate Republicans were looking to overhaul in july, they started coming up with this plan. Saying if we could get to congress, we will conference, they will do this plan. This bill would take effectively starting in 2020, the funding for the Affordable Care act. ,he funding goes to tax credits cautionary payments to help people afford outofpocket payments, put it all into a general fund and then block grant that to states based on different formulas to determine how much each state would get under their program. That is what we are looking at. Potentially a vote as soon as next week. Host talk