Would voters be less likely to support Republicans if Medicare ended?
· GOP's new plan: Raise taxes on working people, end Social Security and Medicare. Rick Scott believes he can get elected president on a program of making inequality great again. He may be right.
What would happen to Medicare and Medicaid if Congress reversed Obamacare?
· House Republicans are already scheming about what they will do if they regain a majority in the 2022 midterm elections. These plans apparently include a constitutional amendment that could force massive cuts to Social Security, Medicare, and other safety net programs. The Hill reported Wednesday that the GOP's so-called "fiscal hawks" want to push a …
Does the Senate Republicans’ plan end Social Security and Medicare?
· It would leave Social Security untouched but shift more of the risk from rising medical costs from the government to Medicare beneficiaries. It also calls for sharp cuts to Medicaid health care for...
Did Rick Scott call for Medicare and Medicaid to be 'phased out'?
· All told, the GOP bill would cut an estimated $900 billion from Medicaid over the next 10 years, reducing Medicaid's ranks by 14 million people. Many Republicans, like Sen. Rand Paul of Kentucky ...
Republicans Plan to Cut Social Security, Medicare, and Medicaid
Robert Reich explains the longtime Republican plan to slash Social Security, Medicare and Medicaid.
Fmr. GOP congressman: Why I changed my mind on Obamacare
This Cookie Notice (“Notice”) explains how NBCUniversal and its affiliates (“NBCUniversal” or “we”), along with our partners, including advertisers and vendors, use cookies and similar tracking technologies when you use our websites, applications, such as games, interactive TV, voice-activated assistants, and other services that link to this policy, as well as connected devices, including those used in our theme parks (“Services”).
Does the Cares Act help the economy?
In contrast, the CARES Act offered much needed relief amid the worst unemployment crisis since the Great Depression, while it helped to stem the tide on declining economic growth. And experts predict that ARPA will boost economic growth to its highest rate in decades.
Is a balanced budget a public goal?
But a balanced budget is a completely arbitrary public finance goal. A country that has strong growth amid historically low interest rates can and will shrink its debt burden – defined as either the ratio of debt to gross domestic product (GDP) or as the share of interest payments out of GDP.
What was Donald Trump's signature legislative achievement?
Donald Trump’s signature legislative achievement was the Tac Cuts and Jobs Act of 2017. It showered trillions of dollars on highly profitable corporations and the richest American households that had seen the largest economic gains in the wake of the Great Recession from 2007 to 2009. Moreover, many provisions of this tax legislation are now permanent fixtures of the tax code and many temporary ones, such as tax cuts for high-income earners will likely become permanent, if past supply-side tax cuts are any indication.
When did the American Rescue Plan expire?
Most of its provisions expired in the second half of 2020. The newly elected Congress then enacted the American Rescue Plan in March 2021. It supports people, businesses and state and local governments with substantial yet temporary financial relief.
