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Title : What’S Next? Follow The Money

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What’S Next? Follow The Money

With the passage of the Senate Finance nib the wellness attention seek forthwith moves to a critical phase amongst the Senate Majority Leader too the House Speaker forthwith clearly inwards charge.

The to a greater extent than of import seek volition move Reid’s. Pelosi’s end production volition move to a greater extent than predictable (very liberal) but Reid’s volition cause got to move to a greater extent than practical. Every inch Reid moves away from the to a greater extent than moderate Baucus nib volition effort problems.

The large upshot is going to move money—just whose taxes are going to larn raised to the melody of $500 billion to pay for it.

The Senate Finance nib has the $211 billion “Cadillac” benefits tax. Dead on arrival. No means the political party that position the unions ahead of the Chrysler bondholders is going to cross their traditional allies on this one. The $40 billion taxation on medical device makers is likewise nether pressure level too probable to at to the lowest degree shrink.

And, don’t mean value the insurance underwriting reform upshot is behind us. That i is merely kickoff too it volition create its ain pressure level to growth the terms of whatever nib yesteryear improving insurance subsidies too then an private mandate is workable.

The Finance nib likewise ignores the Medicare physician payment problem. Don’t ready that too y'all peril alienating the docs. The House did ready it too it terms them $240 billion they yet haven’t flora the coin for.

The Senate Finance nib minus the “Cadillac” tax, fewer medical device taxes, the imperative to better the subsidies, too inwards demand of a MD ready has nigh a $500 billion hole inwards it.

The House solves that work amongst a $500 billion taxation on “millionaires”—defined every bit families making to a greater extent than than $500,000 a year. But lots of Democratic Senators mean value that is actually merely a taxation on small-scale concern too labor creators.

The Dems would cause got no peril belongings Olympia Snowe's vote amongst a taxation on small-scale concern given that the Maine Senator has a good deserved reputation for beingness i of the Senate's strongest advocates for them.

If the House taxation could cause got passed the Senate yesterday afternoon Baucus would cause got had it inwards his nib rather than the “Cadillac” taxation placeholder he did have.

Bottom line: The Democrats cause got to figure out a means to larn threescore Senators to vote for a taxation system that volition enhance at to the lowest degree $500 billion.

The world option, employer mandates, a turbo-charged MedPAC? These are non the biggest issues. The White House volition cause got whatever bargain they tin larn too volition apace pressure level liberals to dorsum off wherever necessary.

The biggest upshot they aspect upwards yesteryear far is merely whose taxes are going to larn raised $500 billion. This is the brand or intermission issue.

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