Synthaholic
Diamond Member
- Jul 21, 2010
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Read just the first few paragraphs:
Republicans want to generously subsidize Obamacare in blue states
The Wall Street Journal reports that "Congressional Republicans say they won't move to preserve consumers' health insurance tax credits if the Supreme Court strikes them down."
Another way of saying this: Congressional Republicans say they will spend billions of dollars generously subsidizing blue states if the Supreme Court rules for the plaintiffs in King v. Burwell.
Or yet another way of saying this: the GOP's plan to stop Obamacare has slowly become a plan to rip themselves off. It would end not with Obamacare's repeal, but with a terrible financial deal for red states.
To understand what Republicans are doing here, you have to realize that Obamacare, as written, took money from blue states in order to spend it in red states. It was, as Alec MacGillis wrote in the Washington Post at the time, "a rare triumph of principle over parochialism."
But before you think Democrats the only ones capable of putting principle before party, consider what has happened since the law's passage. Republicans have been busily remaking Obamacare into a subsidy from red states to blue ones.
If the Supreme Court rules for the plaintiffs in King v. Burwell, the subsidies will basically shut off in (mostly) red states. And congressional Republicans won't do anything about it. That means Republicans in those states will be paying the taxes and bearing the spending cuts needed to fund Obamacare but getting none of the benefits.
Which is to say, the biggest fight in American politics in recent years began with Democrats creating a law that was a giant subsidy from blue states to red states and has evolved into Republicans working to turn the law into a giant subsidy from red states to blue states. It is very, very weird.
More at the link.
Republicans want to generously subsidize Obamacare in blue states
The Wall Street Journal reports that "Congressional Republicans say they won't move to preserve consumers' health insurance tax credits if the Supreme Court strikes them down."
Another way of saying this: Congressional Republicans say they will spend billions of dollars generously subsidizing blue states if the Supreme Court rules for the plaintiffs in King v. Burwell.
Or yet another way of saying this: the GOP's plan to stop Obamacare has slowly become a plan to rip themselves off. It would end not with Obamacare's repeal, but with a terrible financial deal for red states.
To understand what Republicans are doing here, you have to realize that Obamacare, as written, took money from blue states in order to spend it in red states. It was, as Alec MacGillis wrote in the Washington Post at the time, "a rare triumph of principle over parochialism."
But before you think Democrats the only ones capable of putting principle before party, consider what has happened since the law's passage. Republicans have been busily remaking Obamacare into a subsidy from red states to blue ones.
If the Supreme Court rules for the plaintiffs in King v. Burwell, the subsidies will basically shut off in (mostly) red states. And congressional Republicans won't do anything about it. That means Republicans in those states will be paying the taxes and bearing the spending cuts needed to fund Obamacare but getting none of the benefits.
Which is to say, the biggest fight in American politics in recent years began with Democrats creating a law that was a giant subsidy from blue states to red states and has evolved into Republicans working to turn the law into a giant subsidy from red states to blue states. It is very, very weird.
More at the link.