$3.5T Not As Big As You Might Think

[mudwhistle]

Sounds suspiciously like the "DEATH PANELS!!!" claim from the battle over the ACA.
ANYONE EVER SEEN A DEATH PANEL?
No? it was a right wing lie?

Ohhh

OMG! That's horrible!

Newsflash, my wife retired at 62. Medicare doesn't kick in till 65. Most of her Social Security goes to paying for healthcare.

I'll be 65 next month. I haven't started collecting Social Security even though I'm retired. I have to apply for Medicare B or lose my Tricare coverage.
My insurance while I was working didn't cover most of the treatments I got the last several years...yet I got hammered in my taxes with the Golden Parachute tax.
Death Panels are real. If you live in a blue state and are getting government health care they can refuse coverage for some conditions under the Affordable Care Act. Many cancer patients discovered that their medications went from an affordable cost/mo to over $10K/mo. I have precancerous skin conditions and the small tube of lotion I used cost me over $500.
Many doctors refused to treat Medicare patients thanks to the ACA.
When Biden said he was going to cut in half COVID treatments for infected patients in red states he essentially created his own Death Panel. Democrats plan on sentencing the unvaccinated to death. They also started talking about giving blacks vaccines before anyone.

It Turns Out Palin Was Right About ACA Death Panels

Presumptive President-elect Joe Biden appointed Ezekiel Emanuel to serve on his COVID-19 Advisory Board, which is looking more like it may be another one of those death panels Sarah Palin warned us about.

www.newsmax.com

 

[JWBooth]

That says it all, right there.

Never vote.

Just finished Hoppe’s “Democracy The God That Failed”. He takes Spooner’s argument for self defense voting and expands on it. I am reconsidering my non voting stance.

 

[Bootney Lee Farnsworth]

JWBooth I considering my exercising my FMJ vote. There are millions like me.

 

[JWBooth]

OPSEC dude, OPSEC

 

[theHawk]

It's also spread over 10 years. Nobody's talking about plopping $3.5 trillion out on the table this weekend..

Cool, then there is no urgency to pass it this year.

 

[Smokin' OP]

It is odd that the left want the full deductions restored to pre Trump levels.

If SALT deductions are not that big of a deal, why are Dems pushing to restore them?

IDK, not all democrats are, it's mixed.
It's going away in three years anyway, unless they renew it.

 

[jknowgood]

So, Trump can pass a $2.3 trillion tax cut for the rich and republicans have no issue with that but Biden signing a bill for $1.2 trillion more for infrastructure and Americans and republicans blow a gasket.

The tax cut was projected at that cost. Anyway it's not the governments money.

 

[BrokeLoser]

Either do tax cuts, but republicans have been lying about 'Tax cuts pay for themselves' since Reagan first did it.

What about that pesky truth that gets in the way of your uninformed LefTarded bullshit?
Didn't the treasury take in record revenue under Trump's tax cuts?

Go Figure: Federal Revenues Hit All-Time Highs Under Trump Tax Cuts

Critics of the Trump tax cuts said they would blow a hole in the deficit. Yet individual income taxes climbed 6% in the just-ended fiscal 2018.

www.investors.com

 

[buckeye45_73]

Pretty close.

Yeah so did you claim all of Obama's plans.......yet the debt increased by $10 trillion.........ooops

 

[buckeye45_73]

Here's Why Democrats' $3.5 Trillion Legislation Isn't (Quite) As Big As It Sounds

It's a lot of money, but still less than the Great Society — and still not what they spend in Europe.

www.huffpost.com

In fact it includes Medicare and other items that save $1T.

Including savings on drug costs. Something long overdue

It's funny that you think people still fall for this.....we've seen this movie over and over.....it never works out......

And do you know why??????????????????????????????????????????

Because we don't live in a vaccum................so stop trying to put out these huge plans and sell us when we know that life and the environment changes over time.........it's why you tards alway step on the rake of unintended consequences.

 

[Smokin' OP]

The tax cut was projected at that cost. Anyway it's not the governments money.

Of course not, republicans claim to love the country and are the true 'patriots' but they don't want to support it, just like Trump.
That's what the working and middle class are for.

September 26, 2016
“The only years that anybody’s ever seen were a couple of years when he had to turn them over to state authorities when he was trying to get a casino license, and they showed he didn’t pay any federal income tax,” Clinton said.

Trump quickly retorted: “That makes me smart.”

 

[mudwhistle]

They did not. That was written into the Medicare Plan D proposal under Bush by a pharma executive working IN the Bush Admin

And you think Bush isn't in cahoots with Bill Clinton and Barack Obama?

 

[mudwhistle]

Only because new revenue generates new spending, not debt reduction.

Every increase in the debt under Obama caused a massive increase of spending. To what...we didn't know.....but we noticed Obama sending billions out of the country to foreign banks for some strange reason.

 

[Lesh]

And you think Bush isn't in cahoots with Bill Clinton and Barack Obama?

Yea...it's a big QAnon Deep State conspiracy

 

[Lesh]

Every increase in the debt under Obama caused a massive increase of spending. To what...we didn't know.....but we noticed Obama sending billions out of the country to foreign banks for some strange reason.

Who's we? You and Q?

Post links to that and the spending you had problems with

 

[bendog]

That makes no sense either. Using Medicare size to bargain down drug prices is a Democratic position which the GOP opposes

Very little gets bi-partisan support because Republicans are by nature obstructionists (these days). See their opposition to raising the debt ceiling...which they admit is a priority

They are opposed to raising the debt ceiling because the leading democrats are self-identified socialists who plan to tank the bipartisan infratruture deal for a 3.5 T stimulus bill that nobody knows whats in it.

 

[Smokin' OP]

What about that pesky truth that gets in the way of your uninformed LefTarded bullshit?
Didn't the treasury take in record revenue under Trump's tax cuts?

Go Figure: Federal Revenues Hit All-Time Highs Under Trump Tax Cuts

Critics of the Trump tax cuts said they would blow a hole in the deficit. Yet individual income taxes climbed 6% in the just-ended fiscal 2018.

www.investors.com

NO.

The pesky truth gets in the way of some RW bullshit editorial.

"U.S. government reports record tax haul after Trump tax cuts spur economic growth."

This number comes from the most recent monthly Treasury report through July 2018. The report organizes its data based on the fiscal year, so the 2018 numbers include 10 months -- from October 2017 to July 2018.

According to the report, individual income tax receipts were up by 7.8 percent compared to the equivalent 10-month period in 2017. So that provides some support for the claim.

But the same Treasury report shows that corporate taxes were down during the first 10 months of the fiscal year. In fact, they were down by 28.5 percent -- a whopping plunge, but not a surprising one, given the sweeping corporate tax cuts included in the new law.

Total receipts, which include individual and corporate income taxes as well as estate taxes, excise taxes, and tariff duties, were up between the first 10 months of 2017 and the first 10 months of 2018. The rise was modest -- less than 1 percent -- but it was an increase.

 

[Lesh]

Every increase in the debt under Obama caused a massive increase of spending. To what...we didn't know.....but we noticed Obama sending billions out of the country to foreign banks for some strange reason.

Obama's Fiscal Legacy: A Comprehensive Overview of Spending, Taxes, and Deficits

The analysis in this paper begins with the 10-year budget baseline that Obama inherited in January 2009 and measures subsequent tax and spending changes.

www.manhattan-institute.org

Almost all increases in spending during the Obama years occurred in the first two years.

 

[bendog]

NO.

The pesky truth gets in the way of some RW bullshit editorial.

"U.S. government reports record tax haul after Trump tax cuts spur economic growth."

This number comes from the most recent monthly Treasury report through July 2018. The report organizes its data based on the fiscal year, so the 2018 numbers include 10 months -- from October 2017 to July 2018.

According to the report, individual income tax receipts were up by 7.8 percent compared to the equivalent 10-month period in 2017. So that provides some support for the claim.

But the same Treasury report shows that corporate taxes were down during the first 10 months of the fiscal year. In fact, they were down by 28.5 percent -- a whopping plunge, but not a surprising one, given the sweeping corporate tax cuts included in the new law.

Total receipts, which include individual and corporate income taxes as well as estate taxes, excise taxes, and tariff duties, were up between the first 10 months of 2017 and the first 10 months of 2018. The rise was modest -- less than 1 percent -- but it was an increase.

the Lie, and BL is a loser and liar, is that there's a proven cause effect between the tax cuts and rising revenues. The revenues had been rising before Trump was elected and McConnell passed the tax cuts.

Federal Receipt and Outlay Summary

Receipts, outlays, and surplus or deficit in dollars and as a percent of GDP from 1940 to 2027.

www.taxpolicycenter.org

 

[jknowgood]

And had the Republicans NOT removed the tax for not having healthcare insurance, the deficit would have been lowered more...and rates would have been lower.

Never believe these people.

Oh shut up, Obama promised families would save $2500 a year on insurance. It went up evey year. You're such a liar.