White House threatens veto of ObamaCare device tax repeal

The White House on Monday threatened to veto a bill to repeal ObamaCare's unpopular medical device tax.

The bill is headed for a vote in the House later this week, and the 2.3 percent tax on medical devices has drawn criticism from some members of both parties who say it stifles innovation. 

But the White House on Monday called the bill “a large tax break to profitable corporations.”

It argues that healthcare industries gain from new customers under ObamaCare and therefore should pay some of the cost of the coverage expansion. 

“Its repeal would take away a funding source for financial assistance that is working to improve coverage and affordability and would increase the Federal deficit by $24.4 billion over 10 years,” the White House said in a statement. 

At a Ways and Means Committee markup of the bill earlier this month, Democrats likewise berated Chairman Paul Ryan (R-Wis.) for not offsetting the cost of repealing the tax. 

Still, the bill has received 41 Democratic cosponsors in the House, with some members pointing to the effect on the industry in their districts. 

The House will also vote later this week on a bill to repeal ObamaCare’s Independent Payment Advisory Board (IPAB), which is tasked with recommending cuts to Medicare spending if it rises above a certain threshold. 

read more:


Views: 319

Reply to This

Replies to This Discussion



How can anyone with a modicum of intelligence and compassion TAX Medical devices it is so wrong you know that it came from Obama !

As usual nowhere in the entire article from the left leaning "The Hill" does it mention that even with all 246 Republicans and 41 of the Democratic co-sponsors, voting, that number of votes (287) will still not be enough for a veto override in the House, as it requires 292 to override a veto. And the article also fails to mention that it also takes 2/3 of the Senate to override a presidential veto, and the GOP only has 54 votes, and would need 13 Democrats to cross the aisle.
The bottom line is that even with the 2014 "Wave", the GOP does not have the votes to override a presidential veto and needs Democrats to override the many Obama vetoes to come. This will only happen if the voters pressure their representatives constantly.

Another FAX sent to end 0bamacare once and for all time. May it be put in a grave along with its writers!

The Great Leader POTUS Obunghole looks more like N Korea's Great Leader Kim iLL Dung every day.

We no longer believe anything that comes out of the Whitehouse.

Nothing has every screwed Americans like this Obama care bill.  I can't wait until this can be thrown out.

The above picture of Obama giving the high sign is to all of us? This could just as well be both parties ,both houses, as this is the truth we get every day from most all of Washington D.C. When the dust settles Benghazi will be our (we the people's) fault. W.D.C. never makes a mistake or is a part of any wrong doing? FBI is investigating St.Louis Cardinals? That is more important than Benghazi, Al Sharpton paying his taxes,Clinton's escapades, Sec. of state allowing Benghazi deaths when asked for  more protection? The whole "HILL" is rotten and USA is paying the price for it .To-DAY we are back to taxation without representation . We have allowed ourselves to regress back to 1776. We now have NOTHING TO SAY as they plunder us from every direction.We must find that one Special person to lead us for the next 8 years.  Let's continue to work as we have the  last 5 yrs. and continue to remove those that can't get it right.We are making great progress,stay with the plan and we will accomplish the goal quicker than you think. Stay the course, work every day for our country. GOD,Family, Country ----WE WIN!!!!!!!!!!!!!!!!!!!!!

This is a distraction to continue the con job on the American public.

The most destructive tax in the affordable health care act is the federal sales tax on real estate.

Congress knows that we revitalized the economy under Reagan by using home equity. That's why they are determined to destroy any liquidity in the real estate market by high taxes and keep housing values low.




Political Cartoons by Michael RamirezPolitical Cartoons by AF Branco

Political Cartoons by Lisa Benson


Obama Lies Again: – Ignores That The Year After Signing The Stimulus More Than (4) Million Jobs Were Lost

Former President Obama, the only President in US history who had his FBI and other Intel agencies spy on the opposition party candidate, claims that he created the great economy that Americans are enjoying today. The only thing Obama created was debt and massive job losses with his horrible economic recovery.

Yesterday the former President tweeted an effort to take credit for President Trump’s successful economy:

Joe Hoft@joehoft

Of course another @BarackObama lie. He can’t open his mouth without lying. 11 years ago the US lost (4.3) million jobs over the next 12 months. Horrible liar. https://twitter.com/barackobama/status/1229432034650722304 

Barack Obama  @BarackObama

Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history.

President Obama’s policies were a disgrace and a failure. He doubled the national debt in spite of zero interest rates from the Fed. His recovery was the worst in US history.

Also, Obama’s assertion is just plain false. The ‘Stimulus’ was passed in February 2009 right after Obama took over the Presidency. He promised to not pass any bills for at least a week to allow for the bills to be read by the people but lied as soon as he was sworn in. The Stimulus was hundreds and hundreds of pages of government handouts to Democrat districts and it was close to $1 million. This was not what America needed and it led to the Tea Party.

Far-left Wikipedia has this to say about the Stimulus:

Note that in his infinite wisdom, NYT economist Paul Krugman is credited with arguing that “the stimulus was far smaller than the economic crisis warranted”. (He also said the markets would crash and burn if President Trump was elected President.)

The data shows that the 12 months after Obama’s stimulus, the US lost 4.3 million jobs:

In Obama’s first three years he netted a loss of 1.5 million jobs compared to President Trump who has added more than 6.7 million jobs.

When it comes to the economy, the billionaire schools the community organizer every time.

Tucker: Bloomberg is trying to buy the election

© 2020   Created by Steve - Ning Creator.   Powered by

Badges  |  Report an Issue  |  Terms of Service