OMB Director Mick Mulvaney Discusses ObamaCare, CBO, Tax Reform and MAGAnomics…

Short interview with Office of Management and Budget (OMB) Director Mick Mulvaney discussing ObamaCare and the potential for Tax Reform.  Unfortunately, one of the key budgetary issues with the failure of ObamaCare reform is the downstream effect on any middle-class tax reform.

Within ObamaCare’s current -mostly political- structure, the expansive growth of Medicaid means tax-paying workers will pay more for insurance premiums and will also be held captive to the need for additional revenue to pay for medicaid; a double whammy.

The increasing taxpayer costs to keep big government ObamaCare operational, for non-taxpaying medicaid recipients, means the middle-class is once again sacrificed at the altar of the Big Club.

American workers on the individual market will not only see increased insurance rates, but their income tax rates will also be higher as the need to subsidize the lower-income non-working group (medicaid) remains.

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This entry was posted in Big Government, Big Stupid Government, Budget, Decepticons, Deep State, Economy, media bias, Obamacare, President Trump, Uncategorized, US Treasury. Bookmark the permalink.

54 Responses to OMB Director Mick Mulvaney Discusses ObamaCare, CBO, Tax Reform and MAGAnomics…

  1. Publius2016 says:

    The House is putting forward a budget and if the Senate agrees no need for 60 vote threshold. Trust in President Trump as the Wall will be built and the country on the path to growth.

    Liked by 6 people

  2. Andrew says:

    Get this fixed. GOP is so useless. No leadership!

    Liked by 11 people

    • redtreesquirrel says:

      I listened to Rush today and what’s maddening is that he probably rightly believes that the Republicans have no desire to repeal Obamacare, and he played a clip of Krauthammer saying how unlikely he thought it was that they would pass a repeal or R&R bill at all. Kraut stated that he thought the Senate think it would be better to do nothing. !!!WTH??? As if THAT will help them in the midterm elections. On the contrary – I for will be boiling hot with anger and I know I’m not alone.

      Liked by 3 people

      • LibertyVibe says:

        The truth is…most of them are very bad people, and they hate us. It is time we realize it, and move on. That means we primary every one that we can. We have to work as if our lives depend on it, because they do.

        Like

  3. M33 says:

    Entering Mercury Retrograde.
    If anyone cares.

    Liked by 2 people

  4. 4sure says:

    Saw the interview this a.m. and Mulvaney was really good. If the Sen. gets off its azz and does its job, we will have a budget for the first time in a century. Well, it seems like a century. 9-10 yrs?

    Liked by 9 people

  5. M33 says:

    The Congressional UniParty at Work:

    Like

  6. Landslide says:

    Mick Mulvaney is so great—even economics-challenged people like me can understand him. MAGAnomics indeed. Love his positive demeanor. Trump’s cabinet members are inspiring and are like a magnet to me. I am drawn to their competence and confidence & want to listen to them as often as possible. (nice shirt & tie, too, Mick😊)

    Liked by 18 people

  7. Howie says:

    To lower taxes brings in more money as the economy expands. It is the only way out of this box canyon. The GOP is not going to allow it. It might work.

    Liked by 2 people

  8. Kathy says:

    Notre Dame engineering professor distills 10,535 pages of Obamacare information down to 4 simple sentences: http://www.disclose.tv/news/10535_pages_of_obama_care_condensed_to_4_simple_sentences/121600

    1. To insure the uninsured, we first have to un-insure the insured.

    2. Next, we require the newly un-insured to be re-insured.

    3. To re-insure the newly un-insured, they are required to pay extra charges to be re-insured.

    4. The extra charges are required so that the original insured, who became un-insured, and then became re-insured, can pay enough extra so that the original un-insured can be insured so that it will be ‘free-of-charge’ to them.

    Liked by 15 people

  9. sundance says:

    Liked by 3 people

    • fleporeblog says:

      They are also protecting it from the CBO which is driving them crazy! HHS put out a score that mortifies their argument! Just like the 2 of us have been saying. It pulls back the vale on their scheme!

      The newest CBO score came out for the revised bill that was pulled on Monday. They decided to pull the Cruz Amendment. There could be a REASON for it!

      https://www.yahoo.com/news/senate-quietly-released-version-healthcare-155126424.html

      From the article linked above:

      Republicans in the Senate just released another update to the Better Care Reconciliation Act, their plan to overhaul the US healthcare system.

      Noticeably absent from this round bill is an amendment that was added just a week ago from Sens. Ted Cruz and Mike Lee that critics said could make plans with adequate coverage unaffordable to those who have certain medical conditions.

      The Congressional Budget Office didn’t have a chance to score that version of the bill. Instead, it analyzed the Senate bill based on the most-recently released draft that omits the amendment.

      The CBO concluded that the bill would leave 22 million more Americans without insurance by 2026 compared with the current law, in line with their estimates for the original bill. The CBO also said that the revised bill would add $100 billion in deficit savings.

      Among the changes to the bill from last week that stuck around are that more funds will be set aside for the opioid crisis, and people will be able to pay for premiums using a health savings account. The bill also still includes the funding set aside for the Cruz amendment (My Interpretation – THEY REALIZE THE CBO IS COMPLETELY COMPROMISED SO THEY TOOK IT OUT AND ALLOWED HHS TO PUT OUT A SCORE) and deep cuts to Medicaid, with an estimated $756 billion cuts by 2026.

      On Wednesday, the Department of Health and Human Services released a report on the Consumer Freedom Amendment, taking a look at what it would do in the context of the ACA — not the BCRA bill. The report came to the conclusion that Cruz’s amendment would lower premiums in both the traditional ACA plans and the less regulated ones.

      That goes against what experts have said about the amendment in the context of the BCRA. Many say that it is likely premiums under both types of plans would likely rise if the amendment was put in place. The insurance industry’s lobbying group said the amendment would lead to “widespread adverse selection and unstable health insurance markets.”

      You can find the HHS report below:

      https://www.scribd.com/document/354188239/HHS-Score#download&from_embed

      Here is the KILLER for Barry and his minions:

      1) Current Law Enrollment Weighted Average – 2024 Low End Monthly Payment $770 / High End Monthly Payment $845

      2) 2024 Silver ACA Compliant – 2024 Low End Monthly Payment $660 / High End Monthly Payment $590

      3) 2024 Non-ACA Compliant – 2024 Low End Monthly Payment $200 / High End Monthly Payment $190

      FOLKS THESE NUMBERS ARE STAGGERING! $570 less a month on the Low End when comparing 1 and 3 above and $655 less a month on the High End when comparing 1 and 3.

      They can’t argue this no matter how hard they try!!!!!!!!

      Liked by 3 people

      • testpointwp says:

        I’ll take a magic 8 ball over a CBO prediction any day.

        Accorcing to Forbes, CBO predicted massive profits for health-insurance companies. Insurers have incurred massive losses and the losses continue to grow.
        Reinsurance costs were double what CBO predicted.
        Medicaid expansion is 50% more than CBO predicted.
        Medicaid spending is 49% more than CBO predicted ($6,366 /enrollee).
        CBO predicted Medicaid expansion to cost $42B. Actual cost is $68B.

        The CBO projections for economic recovery were 50% above the actual recovery during the Obama administration.

        Finally, the CBO never, ever scores itself.

        Liked by 6 people

        • Doug says:

          and we need to defund the cbo

          Liked by 4 people

        • Agreed, testpoint. when Ocare was coming in, even though I did my best to ignore the whole thing, my editor required me to cover it. At a local Chamber (nothing to do with USCofC!!!), after just a few minutes of summarizing the main points of the plan, I turned to an insurance guy to my left, and said, “You know, this will put you guys out of business, don’t you?”

          He just grinned at me like a frozen Ken Doll and said, in a low voice, “Yes!” But no emotion. I think he was just yessing me to shut me up. Which he did. There is no cure for stupid. I wonder if they had been told that ace negotiators for the insurance industry had cleverly outsmarted the government guys.

          As my dear MIL used to say, “Well, you can believe that, if you want to.”

          Like

  10. Wend says:

    Hasn’t he become a good sport?! He even looks better since getting with the program.

    Liked by 3 people

  11. mikeyboo says:

    As people are taxed beyond endurance for Medicaid patients and ordinary people are bankrupted for medical care-even with insurance- they will agree to the “let ’em all die” mentality promoted by the left. I would be willing to bet this is a conscious part of elitist calculations.
    As automation speeds up most workers are quickly rendered “redundant”. Robot managers will make emotionless decisions to benefit their rich owners. They will self- repair in the work place and on the battle field (much cheaper and less traumatic than medical care for humans). Brave new world indeed.

    Liked by 1 person

  12. Troublemaker10 says:

    Liked by 5 people

  13. mikeyboo says:

    As people are taxed beyond endurance to pay for Medicaid patients, and the middle class are unable to afford health care-even with insurance-they will agree to the “let ’em all die” philosophy promoted by the left.
    Robots will replace most workers, including technicians. The machines will repair themselves on and off the battlefield.
    One small fly in the ointment. Soon the robots will learn how to over ride the “fail safe” provisions in their programs at which point their rich, arrogant, human “masters” will be obsolete. Brave new world indeed.

    Like

    • forjava11 says:

      “Soon the robots will learn how to over ride the “fail safe” provisions in their programs”
      Lots of laughs: Our government has long since awarded a patent covering that one.

      Like

  14. MK Wood says:

    Mulvaney has been an exceptional surprise. Seems most everyone brought into the admin has proven that they can break from the establishment and do real work for the people.

    Liked by 9 people

  15. Oldskool says:

    Would really like to hear one of the proponents for expanding funding for Medicaid explain what the increased funding is supposed to really accomplish. I’ve heard some say to “get more people covered” which is ridiculous considering the one’s that have it now are highly discriminated against by medical service providers because the low payment rates don’t offset the increased liability the provider is assuming. Remember reading a year or so ago that 62% or close to it of providers will not accept Medicaid patients. Nursing homes have very few what they call “medicaid beds” available. The primary care providers for those folks is hospital ER’s so is the purpose for increasing funding to increase the number of people on it or increase the reimbursement rate to providers, doing both isn’t going to work any better than it already is not.

    Liked by 1 person

    • fleporeblog says:

      oldskool you answered your own question! That is the reason! Plus it would increase the numbers from 40+ million to 75+ million people on Medicaid. They also wanted the fallout of that decision you so eloquently describe to occur so that Americans walk lock-foot into single payer.

      Liked by 1 person

    • mimbler says:

      I saw a study that showed adding people to the medicaid roles actually increased the mortality rate for those people,
      Mike

      Liked by 3 people

  16. Trumpstumper says:

    Rest in Peace, Roger.

    We’ve got this…

    Like

  17. Donna in Oregon says:

    President Trump will just keep hammering them until he gets what America needs. The idiots in Congress want to act like this is a one shot deal. No it isn’t. Let them play their stupid games, our President is more than happy to get his changes one at a time. Maybe a tax cut this year and full tax reform in 2018 after the elections. I don’t listen to the BS. Made up reasons why America can’t have what she needs…….it’s background noise.

    The journey of a thousand miles begins with one step.

    Liked by 5 people

  18. timmihendrix says:

    I’m sure they know this and are holding off until an opportune time but-
    All they have to do is explain, in a simple Trumpian way, the Cadillac tax that the Dems created in the bill and why they will not further delay it’s implementation at the expense of everyone else.

    This is destroying our union negotiated insurance plans and our unions used our dues to finance it’s passage.
    The negotiations that are happening now are reflecting this and people are actually realizing what was done to them.

    Liked by 1 person

  19. jeans2nd says:

    Some parts of GOP (Senate) health bill violate Senate rules

    “The Senate parliamentarian ruled Friday that some parts of the Senate health care bill do not comply with budget rules”

    These require 60 votes –
    “The provision barring Planned Parenthood from receiving Medicaid funding for a year
    The language preventing premium tax credits from being used for plans that cover abortion
    Funding for insurer subsidies, known as cost-sharing reduction subsidies
    The six-month waiting period for the individual market for people who haven’t maintained continuous coverage”

    “Sen. Ted Cruz’s Consumer Freedom Act, wasn’t included in her ruling, as it only addressed an earlier version of the bill that didn’t include it.”
    https://www.axios.com/some-parts-of-gop-health-bill-against-senate-rules-2463278286.html

    No, the Senators did not know this. They negotiated in good faith.
    Except, the Senators did not write the bill, the lobbyists did, who are paid extremely well to know what will and won’t pass, and what will play to the public on the sheeple’s TV screens.
    Darn. foiled again.

    Like

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