President Obama has done more to help the poor and middle class than any President since LBJ [View all]

[ProSense]

Anyone who doesn't see the biggest expansion of Medicaid since it was implemented as helping the poor isn't thinking clearly.

President Obama actually did something to address the inequality, raising taxes on the top one percent (higher than the Clinton rate with the health care tax included) and increasing capital gains to its highest level since the mid 90s. The total effect is significant.

Pre Bush tax cuts: lowest tax bracket 15 percent and top tax bracket 39.6 percent.
Bush tax cuts: lowest tax bracket 10 percent and top tax bracket 35 percent.
President Obama's tax deal, lowest rate 10 percent, top rate 39.6 percent.

Do the math and it will show that the gap between someone earning $50,000 and someone earning $500,000 closed to more than what it was in the 1990s. Add the health care law tax and the gap closes even more.

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Perhaps the best prism through which to see the Democrats’ gains is inequality. In the 2008 campaign, Mr. Obama said that his top priority as president would be to “create bottom-up economic growth” and reduce inequality...In the 2009 stimulus, he insisted on making tax credits “fully refundable,” so that even people who did not make enough to pay much federal tax would benefit. The 2010 health care law overhaul was probably the biggest attack on inequality since it began rising in the 1970s, increasing taxes on businesses and the rich to pay for health insurance largely for the middle class.

http://www.nytimes.com/2013/01/03/us/politics/for-obama-fiscal-deal-is-a-victory-that-also-holds-risks.html

The biggest progressive gripe about the legislation is that Mr. Obama extracted less revenue from the affluent than expected — about $600 billion versus $800 billion over the next decade. In perspective, however, this isn’t that big a deal. Put it this way: A reasonable estimate is that gross domestic product over the next 10 years will be around $200 trillion. So if the revenue take had matched expectations, it would still have amounted to only 0.4 percent of G.D.P.; as it turned out, this was reduced to 0.3 percent. Either way, it wouldn’t make much difference in the fights over revenue versus spending still to come.

http://www.nytimes.com/2013/01/04/opinion/kurgman-battles-of-the-budget.html

That also doesn't take the additional health care tax into account.

Krugman: Obama and Redistribution
http://www.democraticunderground.com/10022224304

HHS finalizes rule guaranteeing 100 percent funding for new Medicaid beneficiaries
http://www.democraticunderground.com/10022584523

Who Benefits from the ACA Medicaid Expansion?

A key element of the Affordable Care Act (ACA) is the expansion of Medicaid to nearly all individuals with incomes up to 138 percent of the federal poverty level (FPL) ($15,415 for an individual; $26,344 for a family of three in 2012) in 2014. Medicaid currently provides health coverage for over 60 million individuals, including 1 in 4 children, but low parent eligibility levels and restrictions in eligibility for other adults mean that many low income individuals remain uninsured. The ACA expands coverage by setting a national Medicaid eligibility floor for nearly all groups. By 2016, Medicaid, along with the Children’s Health Insurance Program (CHIP), will cover an additional 17 million individuals, mostly low-income adults, leading to a significant reduction in the number of uninsured people.

Medicaid does not cover many low-income adults today. To qualify for Medicaid prior to health reform, individuals had to meet financial eligibility criteria and belong to one of the following specific groups: children, parents, pregnant women, people with severe disability, and seniors. Non-disabled adults without dependent children were generally excluded from Medicaid unless the state obtained a waiver to cover them. The federal government sets minimum eligibility levels for each category, which are up to 133% FPL for pregnant women and children but are much lower for parents (under 50% FPL in most states). States have the option to expand coverage to higher incomes, but Medicaid eligibility levels for adults remain very limited (Figure 1). Seventeen states limit Medicaid coverage to parents earning less than 50 percent of poverty ($9,545 for a family of 3), and only eight states provide full Medicaid coverage to other low-income adults. State-by state Medicaid eligibility levels for parents and other adults are available here.



The ACA expands Medicaid to a national floor of 138% of poverty ($15,415 for an individual; $26,344 for a family of three). The threshold is 133% FPL, but 5% of an individual’s income is disregarded, effectively raising the limit to 138% FPL. The expansion of coverage will make many low-income adults newly eligible for Medicaid and reduce the current variation in eligibility levels across states. To preserve the current base of coverage, states must also maintain minimum eligibility levels in place as of March 2010, when the law was signed. This requirement remains in effect until 2014 for adults and 2019 for children. Under the ACA, states also have the option to expand coverage early to low-income adults prior to 2014. To date, eight states (CA, CT, CO, DC, MN, MO, NJ and WA) have taken up this option to extend Medicaid to adults. Nearly all of these states previously provided solely state- or county-funded coverage to some low-income adults. By moving these adults to Medicaid and obtaining federal financing, these states were able to maintain and, in some cases, expand coverage. Together these early expansions covered over half a million adults as of April 2012.

Eligibility requirements for the elderly and persons with disabilities do not change under reform although some individuals with disabilities may become newly eligible under the adult expansion. Lawfully residing immigrants will be eligible for the Medicaid expansion, although many will continue to be subject to a five-year waiting period before they may enroll in coverage. States have the option to eliminate this five-year waiting period for children and pregnant women but not for other adults. Undocumented immigrants will remain ineligible for Medicaid.

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http://www.kff.org/medicaid/quicktake_aca_medicaid.cfm

President Obama's health care law not only enacted the biggest expansion of Medicaid since it was implemented, but it also strengthened Medicare and gave new benefits to seniors.

From the stimulus, to repealing DADT, to health care, student loan (taking banks out of the federal student loan process) and Wall Street reform, he's been reversing a lot of Reagan and Clinton's damaging policies, and he's still got nearly four years to go.

Obama’s stimulus package aids people with disabilities

By Mike Ervin,

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The first is a one-time additional payment of $250 to people who receive Supplemental Security Income (SSI) and other selected Social Security benefits. Many SSI recipients live on less than $10,000 a year, and so this additional income will make a significant difference.

Second, the stimulus package also allocates $500 million to help the Social Security Administration reduce the processing time for claims and appeals decisions. During the Bush years, the number of people awaiting final determination on their Social Security disability claims more than doubled to 755,000. Many were waiting two years or more for determination, without income. Obama’s allocation should help end this disgrace.

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More creatively, Obama provided $140 million to support centers for independent living. These nonresidential centers are run by people with disabilities and are focal points for services and advocacy. There are hundreds of these centers throughout the United States, providing thousands of good jobs for people with disabilities and others in their communities.

The stimulus package will also invest in the future by providing $540 million for vocational rehabilitation programs, which assist people with disabilities in obtaining higher education and jobs.

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http://progressive.org/mag/mpervin030509.html

The American Recovery and Reinvestment Act included a number of provisions of particular concern to people with disabilities.

•The Act included $500 million to help the Social Security Administration reduce its backlog in processing disability applications;
•The Act supplied $12.2 billion in funding to the Individuals with Disabilities Education Act (IDEA);
•The Act also provided $87 billion to states to bolster their Medicaid programs during the downturn; and,
•The Act provided over $500 million in funding for vocational rehabilitation services to help with job training, education and placement.
•The Act provided over $140 million in funding for independent living centers across the country.

http://www.whitehouse.gov/issues/disabilities

Senate Republicans Unanimously Support Repeal of Student Loan Reform Law

By Josh Israel

All 45 Senate Republicans voted Friday for a budget amendment that endorsed the repeal of both Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. While Congressional Republicans attempting to repeal Obamacare is nothing new — this marks the 39th repeal attempt — this proposal also aimed to repeal the student loan reform and Pell Grant expansions that were enacted at the same time.

All 54 Senate Democrats present successfully voted to defeat the amendment, offered by Sen. Ted Cruz (R-TX). If passed, it would have put the Senate on record in support of a repeal of
provisions that moved student loans from commercial banks to direct lending from the U.S. Education Department and:

• Used half of the the estimated $61 billion in savings to increase the maximum annual Pell Grant scholarship to $5,550 in 2010 and to $5,975 by 2017, while indexing the grants to inflation.
  
  
• Lowered monthly payments on federal student loans and shortened the debt forgiveness timeline. For new loans after 2014, this will mean graduates will have to pay 10 percent of disposable income, instead of 15.
  
  
• Provided $2.55 billion to support historically black colleges and universities and minority-serving institutions; $2 billion for community colleges; and $750 million for a college access and completion program for students.

Such a repeal would have meant a return to larger payments, smaller Pell Grants, and reduced support colleges and universities while putting billions of dollars back in the coffers of Wall Street banks. But in his floor speech explaining the amendment, Cruz told his colleagues only that his proposal was about defunding and repealing Obamacare, making no mention of the billions of dollars he would take from higher education to give back to for-profit banks.

Though every Congressional Republican voted against the health care and student loan reforms, House Republicans specifically exempted the student loan reform provisions from previous repeal attempts, though they have repeatedly slammed the reform as a “Washington takeover” of the student loan industry.

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http://thinkprogress.org/education/2013/03/22/1762921/senate-republicans-unanimously-support-repeal-of-student-loan-reform-law/

Want to talk about Wall Street reform, which expanded the FDIC's powers and created the CFPB (http://www.warren.senate.gov/?p=press_release&id=6)?

Granted the chained CPI proposal sucks (and Congress should reject it), there are a number of other proposals in the President's budget that help the poor and middle class and raises taxes on the rich and corporations.

Obama budget is a disaster for drugmakers
http://www.democraticunderground.com/10022660318

President Obama's Tax Proposals in his Fiscal 2014 Budget Plan
http://www.democraticunderground.com/10022659823

Obama budget adds domestic same-sex partners to Obamacare
http://www.democraticunderground.com/10022656561

A Budget Focus on Inequality
http://www.democraticunderground.com/10022650258