29 Jun '12, 3pm

Liberals: Oh No You Can't Use Reconciliation To Undo ObamaTax Republican Senators: Oh Yes We Will

Huh? The individual mandate is a tax! The Supreme Court has now told us. Maybe the Senate parliamentarian calls it something else–but whatever you call it, it raises revenue and repealing it would have a budgetary effect, and hence be reconciliationable. Here’s Republican Congressional expert Keith Hennessey admitting that the mandate is subject to reconciliation (and this at a time when his interest was in blocking Obamacare, which meant having as few things subject to reconciliation as possible). Certainly the GOPs could cut the monetary penalty (ax-tay) for not having health insurance to, say, a dime. That would certainly have a budgetary effect and a C.B.O. score. Maybe the exchanges themselves wouldn’t be reconcilable, but if Romney could get rid of the mandate and the subsidies the exchanges would be stripped of their power as a vehicle to ensure universal coverage. ...

Full article: http://ace.mu.nu/archives/330576.php

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