Thread: Economics The Fiscal Cliff Approacheth
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Old 11-21-2012, 09:42 AM   #207
dirk digler dirk digler is offline
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Quote:
Originally Posted by Direckshun View Post
Ezra Klein is saying that he's hearing that an agreement could be made by December 21st on a "down payment" deal where both sides show the other they're serious, to color some more substantial, "grand" compromises in 2013:
I will believe it when I see it. Boner wrote an op-ed where he wants Obamacare on the chopping block as part of the deal so if that is the case he really isn't that serious.
Quote:
In an op-ed for his local Cincinnati paper, House Speaker John Boehner argues that the Affordable Care Act should be on the table for cuts in a deficit reduction deal.
He writes:
The presidentís health care law adds a massive, expensive, unworkable government program at a time when our national debt already exceeds the size of our countryís entire economy. We canít afford it, and we canít afford to leave it intact. Thatís why Iíve been clear that the law has to stay on the table as both parties discuss ways to solve our nationís massive debt challenge.
The Ohio Republican also promises to use his House majority to go after Obamacare through the oversight process, mentioning recent efforts by the Ways and Means Committee to probe whether the administration is using taxpayer funds inappropriately when it comes to the health care law.
Over the past couple of years, I have noted there are essentially three major routes to repeal of the presidentís law: the courts, the presidential election process and the congressional oversight process. With two of those three routes having come up short, the third and final one becomes more important than ever.
Vigorous oversight of the health care law by the House can be expected and, in fact, is already under way.
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