March 17, 2015

Here is where the rubber meets the road. Until now, it's been sound and fury, but they just opened the gates of hell with the 2015-2016 Budget Resolutions.

Here's the high level overview:

House Budget Committee members previewed their plans in an unusual, campaign-style video on Monday. The plan envisions a remaking of the federal government. Future recipients of Medicare would be offered voucherlike “premium support” to pay for private insurance rather than government-provided health care.

Spending on Medicaid would be cut substantially over 10 years, with the money turned into block grants to state governments, which in turn would have much more flexibility in deciding how it is allocated.

The budget “repeals all of Obamacare,” Representative Diane Black, Republican of Tennessee, said the same day the Obama administration announced that the law had provided coverage to 16.4 million previously uninsured people.

To placate advocates of the military who say strict budget caps are hurting national defense, the House budget adds “emergency” war spending through the “overseas contingency operations” account, which does not count against the spending limits.

The budget will also include language that orders members of the tax-writing Ways and Means Committee to draft a “fairer, simpler tax code,” said Representative Todd Rokita, Republican of Indiana.

And it will include parliamentary language — called “reconciliation” — aimed at allowing legislation to repeal the Affordable Care Act to pass the Senate with a simple majority. If that bill is passed, it will still be subject to a presidential veto.

Obviously this is the first salvo in a long war. I doubt this Congress will pass anything unless they are forced to. But whatever passes, will be worse than anything we've seen before.

During a press opportunity today with the Irish Prime Minister, President Obama took a moment to respond.

I should mention that I was hoping for a little luck of the Irish as the Republicans put forward their budget today. Unfortunately, what we’re seeing right now is a failure to invest in education, infrastructure, research and national defense. All the things that we need to grow, need to create jobs, to stay at the forefront of innovation and to keep our country safe. “It’s not a budget that reflects the future. It’s not a budget that reflects growth. It’s not a budget that is going to help ensure that middle-class families are able to maintain security and stability and that people who are trying to get into the middle class are going to have the rungs on the ladder to get into the middle class.

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