The president’s healthcare bill is so bad that Republicans are trying to sell the law as a “compromise” — an effort to convince Americans that it is not bad at all.
This week, the Trump administration announced that it would make the entire law a $1 trillion, three-year-long tax cut that will be available to all Americans in 2018 and 2026.
But Republicans are still trying to claim that it’s “a bargain” because the bill would cost the government $5.5 trillion over the course of the next decade.
That’s not true.
The Trump administration has already spent $3 trillion over this same time period.
This is the first time that the House and Senate have tried to make the same claim.
They’re attempting to sell a tax cut they’re already paying for as a deal.
And it’s false.
The ACA is not a “bargain.”
It’s not even close.
The cost of the tax cut will actually increase over the next 10 years, according to the Congressional Budget Office.
The CBO has projected that it will cost the federal government $4.4 trillion in 2026 and $5 trillion in 2024.
If Republicans were serious about selling the ACA as a solution, they’d take a look at the numbers.
The Congressional Budget Board’s latest estimate of the Trump tax cut is a whopping $5,000 per family per year — about 10% of what the average American pays.
That means that the average family in the country will be paying $1,500 more than they currently are.
This will add up to tens of millions of dollars for families who already face the greatest financial burden in our country.
But the GOP leaders in Congress want to pretend that the Trump-GOP tax cuts are a “fair deal.”
That’s because they’re selling a tax plan that will actually benefit the wealthiest Americans.
This new version of the GOP tax plan would cut taxes for individuals and corporations by an average of $3,000 in 2018, and $2,000 by 2026, according the nonpartisan Tax Policy Center.
This cut would save $2.6 trillion over 10 years.
This deal would also save taxpayers billions by reducing taxes for the wealthiest 1% of Americans by $4,400 over the same time frame.
Republicans claim that the tax cuts will help “make America great again.”
But they’re really just giving the richest Americans a tax break they already pay for.
They won’t be able to deduct the cost of these tax cuts from their tax returns, which means that they will end up paying more taxes.
The tax bill would also add $5 billion to the federal debt over the first decade, according a report from the Center on Budget and Policy Priorities.
That is $2 trillion in extra debt for the U.S. in the first 10 years of the package.
This tax plan will also leave our military unprepared for the effects of a global financial crisis, as it will likely cost the U-S military nearly $500 billion in unfunded retiree healthcare costs over the coming decade.
This “compensation” will only serve to further enrich the rich.
The bill also makes tax cuts for the richest families even larger, while increasing tax rates for millions of middle-class families.
In 2019, the bill cuts taxes for families earning less than $75,000 for individuals, and those earning between $75 and $250,000.
In 2020, it cuts taxes by $2 on the first $10,000 of income for individuals with a taxable income over $250 million.
The cuts would go up to $10.50 for married couples earning less $100,000 and $12.50 on those earning more than $200,000, the top two tax brackets.
The middle class gets a $300 tax cut in 2019, but in 2020, they will pay $700 less in tax, according research from the Tax Policy Network.
These tax cuts benefit the richest people in the U.
“If you’re like most Americans, you’re probably still not quite sure what this means.
It sounds like they’re taking money from the middle class, but they’re also giving it to the richest 1%.
The Republican tax plan is actually the most regressive tax plan the GOP has ever proposed, according an analysis from the Economic Policy Institute.
The average tax cut for middle-income Americans would be $3.80 a month in 2018.
The top 1% would receive a whopping 26.5% of the federal budget.
Meanwhile, the average middle- or low-income family would see their tax bill go up by $400.
And the top 1.1% would get more than 25% of their tax cut, according this analysis.
This kind of regressive structure is exactly what’s happening when Republicans in Congress take money from ordinary Americans, like the elderly, and give it to wealthy people.
The new bill is already costing the U to the tune of $2 billion per day.
This could be just