GOP alternative to the laughably named PPACA

Discussion in 'News / Current Events' started by thisnumbersdisconnected, Sep 18, 2013.

  1. thisnumbersdisconnected

    thisnumbersdisconnected
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    http://www.foxnews.com/politics/201...ives-submit-bill-to-repeal-replace-obamacare/

    A group of House conservatives introduced legislation Wednesday that members say will replace ObamaCare and its “unworkable” taxes and mandates with a plan that expands tax breaks for Americans who buy their own insurance.

    Under the proposal endorsed by the 175-member Republican Study Committee, Americans who purchase coverage through state-run exchanges can claim a $7,500 deduction against their income and payroll taxes, regardless of the cost of the insurance. Families could deduct $20,000.

    The plan -- which appears to be congressional Republicans' first comprehensive alternative to President Obama's health care overhaul -- also increases government funding for high-risk pools. The plan serves as a rebuttal to Obama's claims that Republicans just want to eliminate the health law and are no longer interested in replacing it. And it comes as House Republicans, on a different track, prepare to vote on a budget bill that would also de-fund the existing health care law. Democrats have vowed to oppose that bill, warning the strategy risks a government shutdown, with funding set to expire by Oct. 1.

    The Republicans have also outlined plans to "unfund" the Great Pretender's "health care plan" for the coming fiscal year, delay the onset of implementation one year to extend the government's ability to borrow, and include tax reform legislation and approval of the Keystone XL pipeline in the debt-ceiling extension legislation that has to be passed early in the first quarter of the coming fiscal year.
     

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