Friday, December 1, 2017

During tax debate, Republican questions funding for children’s health

http://www.msnbc.com/rachel-maddow-show/during-tax-debate-republican-questions-funding-childrens-health
"The context for the exchange between Hatch and Brown was quite extraordinary: this happened on the Senate floor during a debate over the Republican tax plan. In other words, Orrin Hatch was trying to pass a massive series of tax cuts, the vast majority of which will benefit large corporations and the wealthiest of the wealthy. What’s more, as the Washington Post’s Catherine Rampell recently explained, The Republican tax bill is often described as being weighted toward ‘the rich.’ But that’s not the full story. It’s actually weighted toward the loafer, the freeloader, the heir, the passive investor who spends his time yachting and charity-balling. In short: the idle rich.” The price tag for the GOP tax plan is roughly $1.5 trillion. Meanwhile, there’s the Children’s Health Insurance Program, which needs $15 billion. In other words, CHIP costs literally 1% of the overall cost of the Republican tax package. And yet, there was Orrin Hatch, a supporter of his party’s tax cuts, making the case on the Senate floor that CHIP’s “having trouble” because “we don’t have money anymore.” I feel like I’m stuck in a Dickensian nightmare."