The pseudonym "Philo Vaihinger" has been abandoned. All posts have been and are written by me, Joseph Auclair.

Monday, November 27, 2017

Who might not vote for the current senate tax bill this week?

The Republicans in the senate want to bring their bill to a vote this week.

Will These Senators Live Up to Their Own Principles?

For McCain, the principle is the Senate itself. 

His current term is probably his last, given his cancer diagnosis, and he has been making a righteous stand on the behalf of the Senate — that it should aspire to greatness rather than operating as a banana-republic legislature that rams through bills.

The tax bill violates that stand.

. . . .

For Collins and Murkowski, the principle is health care. More specifically, it’s decent health care for the working-class families who dominate their home states of Maine and Alaska. 

The two of them were the most consistent Senate opponents of the bills this year that would have taken insurance away from millions.

Now the tax bill threatens to undo some of their good work.

The repeal of the mandate would create turmoil in insurance markets, because fewer healthy people would sign up for coverage, raising prices for everyone else. 

Collins opposes the measure for that reason, while Murkowski supports it if it’s paired with other measures to stabilize health markets. 

But those measures would need to be sweeping to make up for the damage.

Then there are Corker, Flake, Lankford and Moran. 

Their principle is the deficit. 

“We don’t want to increase the debt and deficit as a result of tax cuts,” Moran said. 

If the bill adds “one penny to the deficit,” Corker said, he wouldn’t support it.

The current Senate plan adds more than 100 trillion pennies to the deficit in the first decade, according to the official estimate. 

And that estimate is probably low, because the plan depends on a budgetary gimmick. 

No comments:

Post a Comment