WASHINGTON — House Republicans on Monday laid out their proposal to avert a potential austerity crisis, countering what they ridiculed as a “La-La Land offer’’ from President Obama with one calling for almost twice as much in spending cuts and half as much revenue increases.
The Republican plan, outlined in a three-page letter sent to the White House, sets out to raise $800 billion in new revenue over the next decade through closing unspecified tax loopholes and cut $1.2 trillion through a battery of changes that could include raising the eligibility age for Medicare. In addition, House Republicans proposed saving $200 billion by slowing the government’s cost-of-living increases for programs such as Social Security.
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Obamas plan had some "la la land" in it, however the republican plan isn't even of this planet let alone land. Would rather go over the cliff.
it is a spending problem. simple math as you like to say Mr President
If taxing health care provided by companies, cities and towns and military personal is going to pay for Obama Care, how much do legislators pay for the best health care coverage in the world?
In the past 10 years copay for doctor and visits to the ER have gone through the roof.
Just how much can family with 3 kids pay when office visits are $100 per person per visit.
That does not count the cost of prescriptions.
Just how much copay do legislators pay?
The President
Taxing medical benefits may give an incentive to a company to only hire people that are in the best of health.