Warren: Senate O'Care Repeal Bill Pays For Tax Cuts With 'Blood Money'
By MATT SHUHAM Published JUNE 22, 2017 2:20 PM
Sen. Elizabeth Warren (D-MA) ripped into Senate Republicans’ Obamacare repeal bill on Thursday, saying the proposal would pay for tax cuts for wealthy Americans with “blood money” that comes from cutting essential services for the poor, including Medicaid.
“It is finally clear how the Republicans were spending their time locked in those back rooms,” Warren said from the Senate floor, referring to a weeks-long secretive, GOP-only drafting process. “Now we know the truth.”
“Senate Republicans weren’t making the House bill better,” Warren continued. “Nope, not one bit. Instead they were sitting around a conference room table dreaming up even meaner ways to kick dirt in the face of American people and take away their health insurance.”
The bill is expected to come up for a vote as early as June 29.
The senator argued Republicans’ motivation was massive tax cuts for the extremely wealthy and corporations. She detailed the legislation’s proposed tax credits for people purchasing insurance on the individual market, which are less generous than Obamacare’s subsidies. The proposal would also allow states increased access to waivers from Obamacare’s requirements of insurers.
more + video:
http://talkingpointsmemo.com/livewire/elizabeth-warren-senate-obamacare-repeal-bill-blood-money-tax-cuts
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