The Republicans Are About to Get Away With the Most Outrageous Lies
“Do not cut Medicaid”, republican senator Josh Hawley of Missouri wrote May 12 The New York Times. Hawley said it was “morally false and politically suicidal” to reduce the program, which offers health coverage to 70 million Americans, even more than Medicare. Hawley is a self -proclaimed friend of the working class who walks Berth And complains that “Congress is a rich man’s club”. But when the Senate advanced on Saturday to the ground Budget reconciliation invoice which contains what the Congress Budget Office considers to be $ 930 billion In Medicaid Cuts, you can probably guess who voted “yes”.
It is not only Hawley who turns out to be fraud. All his party is, and the budget bill proves it. No budgetary legislation, I am aware of never, I have never understood as many lies as the major bill.
Start with its tax discounts, most of the benefits of which go to $ 217,000 households, and more than third of the benefits of households earning $ 460,000, according to the non -profit tax policy center. These tax reductions owe their very existence to a lie that President Donald Trump and the Republicans of the Congress declared to a gullible audience in 2017, that the reductions would expire at the end of 2025. This was necessary to minimize the long -term increase in the reduction in budget deficit. The Republicans admit today that they were lying in 2017 by rejecting the traditional score of the “current law”, which measures the cost of a bill against what would happen if the congress did nothing, in favor of the rating of the “current policy”, which measures the cost of a bill against what would happen if the tax levels and the current expenses existed forever. Indeed, Trump and his allies in the congress now say: you should have known We were lying down when we said that these tax reductions expired in 2025.
The only element of the 2017 tax invoice which has always been predestined to expire was the “remuneration”, the discourse of the budget for a provision intended to compensate, at least partially, of tax reductions. Payment in this case was the elimination of the complete deductibility of local, or salt taxes, that the 2017 law capped at $ 10,000. As I explained last week, the limitation of the deduction of salt was progressive; The Republicans were only for that because he mainly affected the Blue States. But in the reconciliation bill, the Blue Republicans persuaded the leaders of the Chamber and the Senate to restore a large part of the deduction by bringing the ceiling to $ 40,000. It is also only “temporary” – ten years in the House bill, five years in the Senate bill – but the new doctrine of the budgeting of the current GOP policy is practically on the roofs that this too is a lie.
By applying a current law score (that is to say real), the Senate bill would add 3.3 billions of dollars to the budget deficit over the next ten years, according to an estimate published last weekend by CBO, more than doubling the current deficit of 1.4 Billion of dollars. You can see why the Republicans do not care about such an analysis. But according to CBO bullshit analysis, the Senate bill would reduce the deficit of $ 500 billion over the next ten years.
