Establishment Republicans caved once again on the Obama-McConnell tax hike scheduled for January 2018, allowing a billion-dollar tax hike to go into effect.
First, they failed to repeal Obamacare; now, they failed to protect Americans from a massive tax hike.
GotNews first exposed the Obama-McConnell tax, most commonly known as the Obamacare Health Insurance Tax (HIT), which will directly tax families and workers on their insurance premiums, costing Americans billions of dollars.
Sen. Lamar Alexander, chairman of the Senate Health, Education, Labor, and Pensions Committee and the one in charge of stopping this tax, told his committee: “Anything that has to do with taxes, for example, the health care tax was mentioned, that’s $145 billion over ten years. There’s no way we’re going to get $145 billion in the next 10 days.”
Simply put: Alexander and the Republican Establishment are giving up and are allowing a $145 billion tax wallop American wallets.
Alexander, a McConnell puppet, was instructed to side with Democrats to bail out health insurance companies and prop up the failing Obamacare law. Rather than repealing the Obamacare Health Insurance Tax, Alexander is allowing the billions of new taxes to move forward without even putting up a fight.
Meanwhile, conservatives in the Senate like Ted Cruz and anti-tax-hike heroes like President of Americans for Tax Reform Grover Norquist continue to demand that this tax be repealed, once and for all. They have consistently warned about harm it will inflict on Americans. Independent studies confirm their findings: The tax will cost taxpayers $14.3 billion.
— Senator Ted Cruz (@SenTedCruz) August 8, 2017
President Trump has not given up on this tax. Conservatives have not given up on this tax. But Mitch McConnell and Lamar Alexander and their establishment puppets would rather work with Democrats on more bailouts and see the Obama-McConnell tax hike on health insurance premiums cripple American families.
Time is running out. Conservatives in Congress must step up to stop this disastrous tax.
Stay tuned for more.
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