Mandeville, LA – Exclusive Transcript – “What did Nancy Pelosi say back in the day when the Patient Protection and Affordable Care Act was being debated? She was asked what’s in the bill. What did she say? “We have to pass the bill so that we know what’s in it. Remember? You’ve got to pass the bill so you know what’s in the bill, in order to discover what’s in the bill.” Check out today’s transcript for the rest….
Begin Mike Church Show Transcript
Mike: Back to the alleged healthcare bill that is actually a tax bill. This is Peter Suderman writing:
It wouldn’t fulfill President Trump’s campaign promises to provide coverage for everyone or to reduce premiums and deductibles. It doesn’t even fulfill the Republican Party’s goal of fully repealing Obamacare: It leaves many key insurance regulations in place at the federal level . . .
Republicans have consistently had difficulty making the case for the bill on health policy merits. It’s not even clear that most House Republican lawmakers know . . .
Mike: Listen to this. What did Nancy Pelosi say back in the day when the Patient Protection and Affordable Care Act was being debated? She was asked what’s in the bill. What did she say? “We have to pass the bill so that we know what’s in it. Remember? You’ve got to pass the bill so you know what’s in the bill, in order to discover what’s in the bill. Republicans have been joking and laughing and carrying on and pointing this out for the last seven years. Yet when they get their chance, they did the exact same thing.
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Let me demonstrate something to you again, of why this is a ginormous, steaming crock of you-know-what. If the goal of cutting $1 trillion in taxes was to cut $1 trillion or more in spending, now we’re talking something. If that were the goal, and if that were what they were trying to do, I’d say: Yeah, that’s exactly what they should do. That’s not what’s going on here.
The Senate may rewrite the bill, but it’s difficult to imagine a version in which most of Obamacare’s taxes are left in place. Remember the primary debate moment in 2011 when all of the Republican presidential contenders said they wouldn’t trade $1 in taxes for $10 in spending cuts? The principle applies in 2017: Tax cuts are the one thing every Republican agrees on.
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To be clear, I believe there are good reasons to support both cutting taxes and reforming the tax code. But I also think Republicans often do themselves a disservice by prioritizing those goals above all else.
It is not hard to imagine, for example, that if the Republican bill becomes law in something like its current form, and the exchanges melt down, disrupting coverage for millions in the process, that the result will be calls for further government intervention – for bailouts and, if the system collapses into complete chaos, movement toward a government-run public option, or single payer . . .
That’s why tax-focused supporters of the American Health Care Act should be wary: It is not only flawed as a health care bill. In the long run, it is flawed as a tax policy plan, too.
End Mike Church Show Transcript