The News is focused on Congress’s CR efforts. Good news is that the CR includes a few ACA taxes. Let’s take a look.

As your humble author drafts this Post the CR passed by the House was just passed by Democrats (and Republicans) in the Senate. The so-called Schumer Shutdown, as the White House named it, is created confusion, a lot of finger-pointing and pain for millions of Americans.
But, American premium payers do get relief from 3 ACA taxes.

The CR, which is actually being attached as an amendment to H.R. 195 (Federal Register cost-reduction bill), will allow the federal government to continue with normal operations until Feb. 16. The reference to “normal operations” seems a bit ironic doesn’t it given the manner in which the US Congress works?

If you recall, a couple weeks ago we discussed some of the taxes still imbedded in the ACA and a few taxes that had been deferred over the past couple years.

The CR being voted upon currently addresses the taxes we discussed. It does not “repeal” them or permanently eliminate them, of course. The GOP can’t seem to actually deal with “permanent elimination” of anything in the ACA.

Let’s look at those taxes in the bill:

  • Postpone reinstatement of the ACA Medical Device tax for two years.
  • Postpone reinstatement of the ACA health insurer fees for two years.
  • Postpone the start date of the Cadillac tax or a tax on high-cost employer-sponsored health benefits packages, for two years.

It is good news to see these taxes deferred but it’s impossible to understand why the GOP can’t or won’t eliminate them permanently.

I think the honest reason for these actions, or lack of, lies with the basic problem inherit in our legislative representatives. I won’t expand on those thoughts because it becomes too negative and down right depressing.

Democracy is the best form of government in the world but it is the most difficult to maintain, as history as shown. For a democracy to survive, let alone thrive, it requires an informed voting public. That requires an open, free, and non-partisan Press. I won’t expand on that point either for the same reasons as mentioned prior.

As we discussed in earlier Posts, there will be much to discuss in the coming months concerning Healthcare Reform but for now let’s watch as the Democrats play their hand in the Continuing Resolution.

Whether one is a Republican, Democrat or Libertarian the activities in Washington DC are frustrating. But, one thing is clear and that is we’re all in this together.

Until next week.

Mark Reynolds, RHU
559-250-2000
mark@reynolds.wtf

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s


%d bloggers like this: