Quote (Black XistenZ @ Aug 17 2022 01:54am)
It's a bill that is called out as a sham by prominent members of his own party. The CBO said that if anything, its impact on inflation in 2022 or 2023 will be to further stoke it. Insulin prices will not be capped for the vast majority of patients until 2025.
And to add insult to injury, it raises effective tax rates on families making $40k per year to finance subsidies for the Teslas purchased by families earning $200k per year... now I get why you like this bill so much. ^_^
LMFAO!
https://www.cbo.gov/system/files/2022-08/58357-Graham.pdfC'mon man, I know you are capable of understanding English. How on Earth did you get the bold from the following quote: "In calendar year 2022, enacting the bill would have a negligible effect on inflation, in CBO’s assessment. In calendar year 2023, inflation would probably be between 0.1 percentage point lower and 0.1 percentage point higher under the bill than it would be under current law, CBO estimates."
Medicare co-pays will be capped starting
next year. You obviously know that this bill doesn't affect private insurance because that wouldn't fall under budget reconciliation. Where are you getting your information from?
Raising the effective tax rates on families making $40k per year? How can that be given that a family of two isn't even close to being a net tax payer? Their tax burden would have to go up SUBSTANTIALLY for this to be a true statement. We're talking the removal of tax credits, adjusting the standard deduction, AND increasing rates. That doesn't pass the smell test. Please post your source on that.
Anyway, Biden's agenda is so popular that there are Republicans campaigning on it even though they voted against it
The guy is the most accomplished President on domestic policy since LBJ and it's only been two years! It would not surprise me if Biden ends up in the top 10 of all time once everything is all said and done.