Published: Tue, April 18, 2017
Money | By Oscar Reynolds

Democrats: Solid opposition to Trump, but what comes next?

Democrats: Solid opposition to Trump, but what comes next?

The payments are used to reduce copayments and deductibles for poor people. Some people won't like that, because they worry the employer side of the payroll tax raises the price of labor and thus discourages job creation. Trump's administration has threatened to stop making the payments.

Michael Steel, a former senior House Republican aide, said Trump's renewed emphasis on health care reflected "the sense that you ought to accomplish the first thing on the list before moving to the second thing on the list - it doesn't have to be done that way, but it's clearly preferable". "It will be interesting to see how this is put together", the Senate majority leader told reporters. "But the tax reform and the tax cuts are better if I can do health care first".

"This cynical strategy will fail", he said in a statement.

President Trump just fired the starting gun for yet another lap of trying - and nearly certainly failing - to repeal and replace ObamaCare.

In addition to reforming the health care system, the White House's proposal was created to provide enough savings to allow the administration to cut corporate taxes significantly, and slash those for individuals as well, without significantly inflating the budget deficit. (By definition there are winners and losers in tax reform and the losers make a lot more noise.) Brady claims the offsetting revenue will come from a Republican-sponsored proposal to tax most business sales except those from exports, but that idea is already dead politically.

In a 70-minute interview that touched on a range of foreign policy and domestic issues, Trump said he wouldn't release any guidelines for a promised overhaul of the tax code until a health-care bill passes. And indeed, after reports surfaced that they were looking into a carbon tax, a White House spokesperson denied it was "under consideration". "What's going on is they're working with on various ideas".

White House Press secretary Sean Spicer said Monday that Trump's financial disclosures are more revealing than his tax returns and that middle class people are more concerned with their own tax bills than with seeing Trump's taxes.

GOP sources freely admitted Wednesday they will miss the April 15 deadline for writing the 2018 budget, yet noted that Congress can work on pieces of it even without having a final document approved. Their bill to overhaul the health care system collapsed on the House floor last month, amid divisions in the caucus. "So I think generally speaking the plan is trying to do health care first". "If you don't make them, it fails".

Insurers and major medical groups have warned that not funding the payments, called cost-sharing reduction subsidies, which help cover out-of-pocket medical expenses for low-income Americans, could wreak havoc in the individual insurance markets.

His comments, aired Wednesday on Fox Business News, come less than a week after Trump ordered a retaliatory strike on Syria based on US evidence that Syrian President Bashar Assad attacked civilians with chemical weapons. "The administration is now deciding its position on this matter", said Alleigh Marré, a national spokeswoman for the Department of Health and Human Services. Last May, a federal judge agreed - but she put her decision on hold while the Obama administration appealed.

During the interview, Trump said he's considering pairing a plan for improving USA infrastructure with a second phase of the Republicans' health-care initiative, which includes provisions aimed at insurance companies.

"It wasn't authorized by Congress", Trump told the Journal.

During a Republican primary debate in February 2016, Trump said he would "love" to release his returns - once an ongoing IRS audit at the time was completed.

Use this tool to send a letter to your members of Congress, urging them to vote against any repeal of the Affordable Care Act or its essential protections. However, a detailed tax plan is still weeks away.

"Donald Trump's tax returns will help us answer the question: Does Trump really have America's best interests at heart?" said Susan Lerner, executive director at Common Cause New York, one of the sponsors of the march.

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