With so much turmoil in the U.S., it is heartening to see the near universal appreciation for “Elizabeth the Good” after more than 70 years of “restraint, duty, grace, reticence, persistence.” RealClearPolitics’ Carl Cannon quotes a tweet noting that: “If you're starting a new job today and intend to match Queen Elizabeth’s work longevity, you'll have to keep working there … [Read more...] about The Quintessential Queen
Marching toward Socialism
Step by step, for nearly 70 years, liberals have been marching the United States toward government-controlled health care, and the Schumer-Manchin bill is another giant stride. COVID provided the opening for Congress to enhance and expand Obamacare subsidies for two years, and the bill the House will begin considering this morning would extend them for three more years. So much for a temporary … [Read more...] about Marching toward Socialism
Grace-Marie Turner Interview on “Point of View”
Grace-Marie Turner was interviewed on Point of View with host Dr. Merrill Matthews discussing the current debate over health policy provisions in the Manchin-Schumer reconciliation bill. … [Read more...] about Grace-Marie Turner Interview on “Point of View”
Gangster Negotiations
So just to review, the big government tax-and-spending bill—called the “Inflation Reduction Act of 2022”—which is on the brink of passing the Senate would: Fuel inflation and increase taxes during a recession; Add $728 billion in federal spending—about a billion a page for the bill; Beef up the IRS with tens of thousands of new agents going after American taxpayers; Decimate research into … [Read more...] about Gangster Negotiations
A Much Worse Bill
The tax and spending package that Sen. Joe Manchin now has blessed is even more destructive and inflationary than the first placeholder version. The confiscatory taxes on the pharmaceutical industry are still there, along with big subsidies for Obamacare insurance for middle-income people, big spending on green energy, and new taxes on businesses during a recession—all shockingly bad … [Read more...] about A Much Worse Bill
Fueling inflation with BBB
Well, a “slimmed down” version of Build Back Better may not be a slam dunk after all. The current deal would involve slapping innovation-killing price controls on the pharmaceutical industry to shovel more money into Obamacare. But new information from the Congressional Budget Office (CBO) and Joint Economic Committee (JCT) could give the key player—West Virginia Sen. Joe … [Read more...] about Fueling inflation with BBB
Doubling Down on a Bad Idea
Why Congress Shouldn’t Increase Obamacare Spending | By Doug Badger, The Daily Signal | July 18, 2022 | Senate Democrats want to salvage some of President Joe Biden’s Build Back Better spending bill, and extending Obamacare health insurance subsidies is a top priority Sen. Joe Manchin, D-W.Va., whose support is crucial to Democrats’ passing the legislative package, reportedly has agreed … [Read more...] about Doubling Down on a Bad Idea
Desperate maneuvering
Extra subsidies for health insurance, which had been boosted during Covid, are set to expire in December, and the political debate over what to do encapsules Washington’s current dilemma. Democrats desperately want to continue extra tax subsidies for people who get coverage through the Obamacare exchanges. Already-inflated health insurance premiums will spike for millions of people when the … [Read more...] about Desperate maneuvering