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Tuesday, October 15, 2013

"Peace in our Time"

House "moderate" Republicans (RINOs), in a round of negotiations that would make Neville Chamberlain proud, may be on the verge of saving the stock bubble. The Washington Post reports:

House Republican leaders plan to push their own proposal to reopen the govt and raise the debt ceiling — a plan that would give Republicans a delay of the medical device tax. 
According to two Republicans leaving a closed door meeting of the caucus, their plan would add a two-year repeal of the medical device tax and include a provision eliminating the employer health care contribution for members of Congress and White House official. 
Rep. Charlie Dent (R-Pa.), one of the leading moderates in the House, confirmed the plan on MSNBC’s “Daily Rundown.” 
“The speaker had said this: that the House is likely to launch an initiative, as early as today, that would do a few things: essentially use the same time frames for the debt limit and the CR as in the Senate negotiations … it would strike the reinsurance tax — the $63 per head tax for the large self-insurers and the large unions,” Dent said. “That would be out and would replaced with a two-year delay of the medical device tax, plus a variation of the derivative of the Vitter language, minus the congressional staff. But I think it would affect Congress and the White House and White House staff.” 
The Vitter amendment would force members of Congress and the administration to obtain health care through Obamacare’s health exchanges. 
Rep. Darrell Issa (R-Calif.) said the plan was designed to be attractive to democrats and would follow time lives [sic] established in senate negotiations — funding government agencies until Jan. 15 and raising the debt ceiling until Feb. 7. He said the plan, which House leaders hope to vote on Tuesday, was well received by Republicans.

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