Waiting for the health care takeover bill to drop; It’s here: Soak the rich
Scroll for updates…
We know the health care takeover tax hikes are coming.
Just waiting for the Democrats to unveil the actual vehicle sometime today.
CQ has the latest on desperate Democrat leadership efforts to resuscitate Obamacare:
House Democrats will introduce their full healthcare reform bill Tuesday, House Speaker Nancy Pelosi (D-Calif.) said Monday while acknowledging she has much work left to do to win over members of her own caucus.
“We’re still on schedule. We have plans to vote for this legislation before we leave for the August recess,” Pelosi said at a news conference. Pelosi said, however, that the bill to be unveiled would have to undergo further changes during committee markup to garner enough support among Democrats. “It is just the beginning,” she said.
“It won’t be the finished product,” Pelosi said. “In order for us to be on schedule, we have to roll out legislation this week.”
But even a Tuesday introduction, to be followed by possible committee action beginning before week’s end, represents a slight setback to the House Democratic leadership’s ambitious goal of passing a healthcare reform bill before the lower chamber departs for its summer recess on July 31.
House Democrats were supposed to introduce a complete draft of the bill on Friday but postponed their plans amid a furor raised by centrist Democrats, who offered Pelosi and the chairmen a list of complaints, including that the measure did not go far enough to reduce the cost of healthcare.
The Blue Dogs are barking. But will they have any bite?
The pressure is on:
In other news, Health Economy Now, “a coalition of groups supporting the push for health care reform, is dropping $7 million on a new television ad campaign to build momentum for a reform bill and to keep six moderate House Democrats from walking away from supporting legislation as it moves through Congress in the coming weeks,” Roll Call reports in a separate article. All six are members of the Blue Dog Coalition, but none are “considered particularly vulnerable at this stage of the election cycle” (McArdle and Ackley, 7/14).
Here’s info on the GOP alternative:
Pushing back against Democratic plans to overhaul the U.S. healthcare system, Republicans on Tuesday readied a less costly alternative they say will make insurance more affordable.
Representative David Camp, the top Republican on the House Ways and Means Committee, said the plan offered significant reforms, including incentives for healthy living, protection for doctors against malpractice lawsuits and tax breaks to encourage small businesses to offer insurance to their workers.
“We obviously think it’s important to make healthcare more affordable and to drive down costs,” Camp said in an interview before a planned news briefing on the plan on Wednesday.
***
The healthcare overhaul proposal offered Tuesday by U.S. House of Representatives’ Democrats will include an extra 5.4% tax on those earning more than $1 million.
One congressional aide said that would bring the top tax rate for the wealthy to 45%.
An additional tax of 1% would be levied on those couples earning more than $350,000. Those with $500,000 incomes would pay an extra 1.5%, according to the legislative documents. Increases could be triggered in 2013 to 2.0% and 3.0%, respectively. The millionaires’ tax would remain at 5.4%, according to legislative documents.
See what others have said
Note from Michelle: This section is for comments from michellemalkin.com's community of registered readers. Please don't assume that I agree with or endorse any particular comment just because I let it stand. A reminder: Anyone who fails to comply with my terms of use may lose his or her posting privilege.
Comments
You must be logged in to post a comment.
 |
Catholic lawsuit against Obamacare mandate cites 1993 legislation written by Ted Kennedy and Chuck Schumer
May 22, 2012 04:35 PM by Doug Powers
48 Comments
Illinois Republicans flirting with cigarette tax hike for Obamacare — and a reminder about Orrin Hatch
May 21, 2012 11:03 AM by Michelle Malkin
32 CommentsHigh school fined $15,000 for… selling soda pop during lunch
May 19, 2012 01:29 PM by Doug Powers
101 Comments
Destroying private health insurance was always the goal
May 16, 2012 09:40 AM by Michelle Malkin
43 CommentsObamacare cronyism: The First Lady’s patient-dumping, privacy-meddling scheme
May 16, 2012 08:56 AM by Michelle Malkin
102 CommentsInsurers issuing new round of rebates must credit Obamacare
May 14, 2012 11:26 AM by Doug Powers
66 CommentsWhite House to SCOTUS: ‘Extraordinary disruptions’ to Medicare if Obamacare struck down
May 4, 2012 02:03 PM by Doug Powers
86 Comments
Biden predicts Supreme Court will uphold Obamacare
April 1, 2012 12:49 PM by Doug Powers
63 Comments
Categories: Health care
Twitchy
» P. Diddy brags about spending millions on strippers; photographer replies: ‘pay what you owe me’AmSpecBlog
» Warren Pulls Even with Brown in New PollAmerican Thinker
» Fun & Games with Mainstream Media NumbersTwitchy
» Lil Wayne: ‘fuk Pusha T’Twitchy
» Roseanne Barr: Defending S.E. Cupp is more disgusting than Photoshopping a penis in her mouthRedstate
» Bomber Turned Left Wing Activist, Brett Kimberlin, Tries to Silence Conservative Opposition
Baby boomers take note! This is YOUR care that will be rationed!
I’m deeply concerned that Congress is going to introduce a bill and let people read it before voting on it. Is that any way to run a government?
Back in the real world, Obama is pushing another “emergency” to a worshipping congress. To fix another of many “crisises” this year, the public will lose more money out of their paychecks, along with more power to this corrupt government, and less liberty and freedom to us all.
The GOP’s alternative sounds good… for once!
If only the Blue Dogs could get help from Republicans. Many of those Blue Dog seats used to be Republican seats. You would think a few of those GOP weasels would be quaking in their boots.
Well, I see the GOP alternative…
Unimpressive.
I have a way to RADICALLY improve health-care affordability, raise quality, and it will cost tax-payers essentially NOTHING…
get the Federal government OUT of the market.
JUST STOP the interference. Stop the give-aways. Let us keep our money, let us give our money to those who need it. Let the market perform the magic it reliable will.
This was over at Hot Air. It’s Crowder’s video on Canadian health care. You should watch it now, then call your Congressidiot and your Senator.
What?! They have one? I didn’t hear about that on ABCNNBCBS. You must be mistaken.
You forget – in the lingo of the current administration and the MSM (but I repeat myself), any measure that doesn’t radically expand government control and interference is “doing nothing.” Ergo, in accordance with Obamaspeak, there is no alternative plan and therefore nothing to report on.
Rhetorical question, I’m sure.
Not to worry. There will be tons of placeholders included to iron out the silly little details later. Just ask Bawney Fwank.
Uh, no.
So far, it’s been pretty easy for San Fran Nan to handle the “blue dogs:”
“Here, boy! Here’s some pork! Roll over! Atta boy! Now, play dead!”
Ever since the last of the “Scoop Jackson” variety retired to pasture, Donks are donks. I don’t care what they call themselves.
They set the stage for this. Their lobbies ensured that their “entitlements” were protected no matter the cost.
The GOP did not undo a single New Deal program. Now it’s reckoning day.
They know that if they don’t spend the money quickly, we won’t let them spend it. It’s sort of like a person on a diet. They want the whole cake. They know they can’t have the whole cake. But if they eat the whole cake quickly enough, they won’t have any cake to worry about not being able to eat.
These people are determined to ruin us. Pelosi and Obama must be the biggest shopaholics in the world. Of course they don’t use their own money.
Counting on the” Blue Dogs” to save us is pretty much like counting on RINOs to save us — from the start Blue Dogs have shown themselves to effectively be lap dogs with no credibility. I’ve long thought they were at root only a media creation to put some melodrama in the business (Oooooo, scary blue dogs, coming to get your mama! They might even vote with Republicans. Oh, what are we to do?!!”) Just more Kabuki, yawn.
Please note, I’m not saying that this thing can’t be stopped. It can, but it will be done by the people and no one else.
The Blue Dogs are a big reason why Cap and Trade, national healthcare, amnesty and gun control are currently tabled. BOTH parties are corraling their conservatives. To be mocking Blue Dogs is self-defeating. Sarah Palin will be campaigning for them AND conservative Republicans. The real enemy is the United Establishment Party that has declared war against voters, particularly conservatives.
You have to make a decision: are you a conservative or a Republican?
You’re right, of course. But it can’t be undone overnight, and that’s something that the hard-core fiscal conservatives seem to never acknowledge. It took us 3 generations to create a society that depends on government, and it will take us at least 1 to undo the damage.
I don’t like it either, but government made a contract with every one of us that pitched into the Medicare system, and we owe them something. Turning off the spigot abruptly would cause chaos,and quickly bring back government intervention.
Change would have to happen slowly, or it would be for naught.
You must love picking a fight, don’t you Phil?
Read the whole piece. You may want to wait until this afternoon, when you can have an adult beverage after reading it.
“WE CAN’T AFFORD IT…”
The thing you tell your family, friends and anyone who will hold still when discussing CRAP & RAID, ObamaCare, amnesty or ANY OTHER STINKING THING THE ONE wants.
At least the first two are…by themselves…economy killers in a good economy.
Partisan politics drives me crazy. We keep getting the same government no matter who we elect because we just can’t seem to de-brainwash ourselves. It’s THE GOVERNMENT that is at was with us, not Democrats or Republicans. If that annoys everyone, so be it. We can all keep pounding our heads against the wall complaining all the while about the futility of it all or we can focus on the real problem and make progress.
Time to stock up on tar and feathers since phone calls and faxs seem to fall on deaf ears.
Correction to #20:
It’s THE GOVERNMENT that is at
waswar with us…“Do you think it’s serious, Dr. Curly?” “Yes indeed, to say the least, if not less.”
- Larry & Curly (CALLING ALL CURS, 1939)
“I ain’t gonna lose my leg, am I Doc? I’ve had it ever since I was a little kid!”
- Shemp (OUT WEST, 1947)
phil, you are correct, but the nra sent a message yesterday that ANY senator who votes for sotomayor will be opposed by the nra next election. they feel her stand on gun ownership is so radical that they will oppose anyone who supports her. the nra crosses those blue dog and rino groups as well as libs from hunting areas, eg, michigan, minnesota, wisconsin, iowa.
Right, Phil. It’s the Democrats AND Republicans that are being used by the “Government” to destroy this country. On certain issues, I believe that there are people pulling politicians’ strings to do their bidding. At the risk of sounding conspiratorial, it is Big Money/Corporations/Bankers that controls what goes on in our and other nations. Government bailouts have been justified for some companies that are “too big to fail”. Why are our “representatives” taking steps that saves companies at the expense of the principles upon which our nation was founded? The answer is that they don’t care if our nation goes down. The Dems, Reps, their appointments and their masters only care about gaining money, influence, and power. We see this played out all the time in the business world. At some point in our culture, we stopped making decisions based on long term outlook and instead emphasized short term gain. The prevailing paradigm at the director level, and above, is now to do whatever it takes to get their bonuses at the end of the quarter. They “chop up the ship” for firewood to make it across the ocean. They leave with big bonuses in their hands but the crew has a ruined ship and has to find new work. I’m sure all of us have been affected by this MO or know someone who has been. It is pervasive in the American workplace. The bean counters are now calling the shots. How could this have happened? I believe this mind set has trickled down from the top. The bean counters have been calling the shots for American policy for a long time now. If they deem it to their advantage to bankrupt us, they won’t hesitate to do so. These people don’t care at all about this great nation and its people. If things keep going unchecked, all of us are going to get a pink-slip.
Great article, Rags. I hope that it represents the worst case scenario. I was downsized at my company and am looking for new work. It’s too bad that suspended animation isn’t a viable option, yet. Our family could just go to sleep for enough time for my IRA to grow to a few billion.
So? What’s wrong with that? I do it all the time. It works very well.
Actually, I just took a test to determine if I am a Libertarian, and it looks like I am…big time. I never thought that was the case, but the test shows I am in the second to the highest category in scoring. Yikes! I guess I am a Radical Conservative Libertarian. Fancy title. I like it.
The GOP Congress leadership ought to attempt to cozy up to the Blue Dogs to get a majority to take over Congress with the Blue Dogs selecting the Speaker instead of the radical left being in charge of this Nation.
At least that way, more of the nation would be getting representation for their tax dollars instead of being locked out of most every process by the far left wing Pelosi/Reid radicals…
As for the GOP health care initiatives, they are fine as far as they go. If the GOP really was serious about initiating change, they’d add allowing doctors to deduct the uncompensated portion of charity/Medicaid/Medicare/Obamacare from their income.
Otherwise, Gubermint care is quickly going to become just one long line after another as doctors start stop taking Gubermint patient appointments — while those with their own insurance (like Congress) move to the head of the line.
The text is out.
It won’t be the finished product, says Pelosi — no problem, just vote and we’ll fill in the blanks later. It’ll only ruin the world’s best health care system forever…
Wow…those people are insane. Literally insane.
They are lower than filth.
To all millionaires. NOW is the time to leave with all your cash.
5.4% on millionaires won’t come close to paying for this.
I told rich people what to do but they won’t listen! STOP making income for a while! Put all your money in a NON interest bearing account or at least sell off enough of your losers to end up with a ZERO net income for a couple years.
If only the top FIVE percent earners did this it would starve the feds of over HALF of their revenue! It would be the PATRIOTIC thing to do to save our country from socialism.
It’s only 1,000+ pages, lets vote on it already. /sarc.
This is insane.
spouse works in the medical field. The doctors are also ‘millionaires’(specialists)–do you think for one minute they will go for this in any respect?
The reason why the internet is slow today is because of the huge volumes of money going to overseas tax shelters.
Caymans, here I come…
For the most part, millionaires aren’t greedy bankers, they’re the people who create wealth in the US.
Luckily for us, the US governement wants to take at least $54k from these wealth creators to re-distribute it for a healthcare program that they haven’t even structured!
This plan is eerily similar to increasing the cigarette tax to pay for S-CHIP.
sonofdy: During the Clintoon (sic) years, there were actually those in the WH who believed, “If the gubmint took EVERY penny of income above $200K, that would generate a lot more revenue!”
Not one of these supposedly bright people thought how taxing (taking, stealing, robbing, call it what you will) 100% of income above a certain amount would instantly result in incomes stopping at $200K and people finding other ways to be compensated.
Once again, the blindingly obvious point that a health care proposal that Dems claim will save us money shouldn’t cost anything, much less 1 or 2 or 3 trillion dollars, will go right over the head of most of the American public. If a majority of people can’t see this blatant fraud for what it is (a blatant fraud) they deserve the disaster that will follow, not the hardworking producers of this country. How is it that our fate is tied to pandering to the ignorant and complacent?
That’s because they’re all idiots and all the idiots in the country put them there.
nail49.
I will take my compensation in the form of euros in switzerland.
Or gold bars in the caymans, your choice.
corrected
That’ll be 52% for the “wealthy” who are self-employed. Knew we would hit the 50% mark soon.
Bring it. I’m a small business owner. I will pass this on to my customers, and hang a sign up with Rep and Senators numbers to call to complain.
As usual, the LIBS want the people who will be covered by this plan to pay….
NOTHING
But they will have the people that will not be using it pay
EVERYTHING
And this isn’t the only tax of course. They will no doubt tax the value of the health insurance you get…. unless you are in a union and can be counted on for your vote come 2012.
Well… I know a lot of Teamsters. Exactly NONE of those that I know personally want ObamaCare.
None of them.
I would actually encourage a business that rightly places the increase in their fees on those that voted for this by using their services. All business are going to have to pass on the costs if this somehow gets passed. Those that would be willing to point the finger of blame on those that deserved it, would get my business.
I think they call it retribution via redistribution
Why are Obama and Dems intent on killing our economy?
CleanGuy: Make sure you include the POTUS’ phone number as well!
They are radical socialists. They have to kill the private sector by November of 2009, before the 2010 election season and the tanking economy stops them.
Why do you think they want Cap and Tade and Health Care by September?
Political Blitzkrieg.
make those plans for your sickly and elderly relatives now…funeral plans that is….I suspect this will lower our life expectancy numbers down to those in the 3rd world..
For every Dem that gets on the news there should be 2 Repubs countering the point.
The Dems are real good at the “soak the evil rich” thing. And since 50%+ don’t pay taxes anyway. No skin out of their wallet.
Some day, “the evil rich” will take their money and leave. And the jobs that their money pays for.
The “evil rich” do not place their money under the mattress. It is out there employing people.
Hey Mr. Steele, your face should be in front of every camera and microphone.
When will the GOP get their head out of the sand and start barking and biting?
Soak the Rich ALWAYS soaks the working class. That War Time Emergency Income Tax ONLY on people who make more that $10,000 a year? The Alternative Minimum on the Rich has cost more than just a few dual income families their homes and more when a medical emergency wiped out their income. Tax the Rich and let inflation do the rest. Between the Federal Reserve, Treasury and Spend More Congress the guy in the car wash will be “rich”.
Brother, can you spare a fifty?
This once great Republic has turned into nothing more than a parasitic communist state. I suppose it’s too much to ask that the weak, pandering Republican politicians fight back. After 233 years of liberty the current herd of liberal Marxist fools running this government have just trashed it all. Put the hammer and sickle on the flag because the “United States of America” is no more
Sad, sad, sad.
When you see the Pigs Precision Flight Team go over your house, that’s when Steele will break away from a Beltway cocktail party long enough to make a sound bite.
As I recall the original problem was getting him to zip it. Party on Mr Steele. Less damage to the party that way.
I wonder why Bill Clinton had his heart operation at Columbia instead of somewhere in Quebec? Walk the talk.
Rags – That would work like a charm, therefore it cannot be allowed.
As with Cap & Trade, which is not about helping the environment, this is not about health-care. It is only about more government control. Period.
Same reason Ted Kennedy came down here to Duke Medical Center instead of going to England!
Touche Swede.
We knew that was coming, in the 2nd Carter administration.
Which real Conservative can we set up to run in 12?
Someone even more Conservative than Reagan.
Not sure on this, but if I was making over $250,000/year and realizing the increased tax burden on that salary….I probably would quit working so hard, make less but keep more of my money.. But that’s just me.
O/T:
Chuck U Schumer announced that the HATE CRIMES BILL would be stuck into the military funding budget.
Hey Ms. Malkin…where’s the thread on that? We need to have a collective discussion on it…and STAT!
After inflation hits all of us will be making $250,000 per year in inflated dollars.
Federal tax rates of 45% will cause significant and long-term unemployment like Europe. The only problem is that I think Obama KNOWS that and WANTS that.
The more people on welfare the better for the Marxists!
BTW, is there anybody who still claims this clown is NOT a Marxist? Seriously?
There seems to be a lot of confusion regarding the costs for this. From some sources they mention that this tax increase will raise 500 billion over 10 years. Then there is another source that estimates the cost for this at 1.5 trillion over 10 years. Then there is a third source that claims most of the cost expansion is after the next election. Which would seem to indicate that Obama is dreaming he will run as a hero of health care takeovers without ever showing it to be financially viable.
Meantime, at best, this ‘plan’ is still short a minimum of 1 trillion dollars. Where the heck is this going to come from?
It is seriously amusing to see that ‘illegal aliens’ will not be covered in this absurdity. Out here in CA, it is in fact the illegals that have caused most all of the problems. In other words, CA is still looking at billions in losses due to illegal aliens even if this ‘plan’ passes.
Well, if Barney Frank handles this in the same manner as those prisoner abuse pictures, then it will not be in the final version from the house.
Unless of course, Barney Frank is a complete and utter liar.
But hey, wait a second, where is the part that allows me to get the same coverage as the house and senate get? Obama promised it to all of us with this program!
I emailed my senator Mr. Merky Merkley one the writers of the bill, I told him I’d be in favor of the bill as along as he has the same insurance as the rest of the pee on’s. Can’t wait to see how he replies to that.
I never did understand why the servants of the public ever got the idea they should have the best medical insurance money can buy while the rest of us that pay their wages(and huge perks) have to settle for what ever we can afford if our employer doesn’t buy it for us.
Obama’s agenda for destroying this country is almost finished. When you are told you can’t have an operation because your too old, your white or someother mitigating factor, don’t get upset because we told you so. Old people ( us baby boomers) will not get any aide, we will be told to go home and die. Brings me to the birth of my twins, 21 years ago, 9 weeks premature. When I took them home, the hospital billing department wanted to know how I was going to pay off the $52,000 dollars. I said the same way all those black crack babies in neonatal are being paid for. She didn’t like that.
In another context, this story would be funny. Tax away, IRS, you’ll never collect. Sadly, it will always be the middle-class chump who gets stuck with the tab.
IRS Fails to Collect $1.2 Billion From Those Owing $1 Million
http://www.bloomberg.com/apps/news?pid=20601087&sid=aNbvW7_OHFGw