Washington: Bipartisan Bankruptcy
Congressâ€™s public approval rating has fallen below twenty percent. Majority Republicans who havenâ€™t fulfilled a single campaign promise have been especially disappointing.
Presently, congressional Republicansâ€™ lone electoral advantage is that they are not Democrats. Now, some moderate Republicans have proposed to squander their partyâ€™s only advantage by fulfilling congressional Democratsâ€™ every desire: preservation of Obamacare, a debt ceiling increase without spending concessions and a â€œcleanâ€ long-term budget.
GOP moderates would exploit Congressâ€™s problems — summer recess-related time constraints and mostly-procedural internal issues â€" to, again, brush aside the nationâ€™s existential problems and Americansâ€™ legitimate concerns.
Business Insider described the scheme in an article entitled â€œSome Republicans are pushing a plan that would solve nearly all of Congress’ problems in one fell swoop.â€
â€œRep. Charlie Dent, of Pennsylvania, a co-chair of the moderate Tuesday Group caucus, told Business Insider he was advocating a plan that would increase the debt ceiling and pass a long-term budgetâ€¦â€
In other words, while raising the debt ceiling, Dent would bypass traditional annual appropriations in favor of a plan that would commit overspending for two years rather than just one. Congressional conservatives are unlikely to support the plan, so, for passage, moderates will need support from Democrats who will almost certainly demand and be awarded further concessions for left-wing priorities.
It gets worse: The Heritage Foundationâ€™s Stephen Moore reports: â€œThe danger of a Republican bailout of Obamacare is mounting… A group of â€˜moderateâ€™ Republicans [in] the [bipartisan] Problem Solvers Caucus is quietly negotiating with Democratic leadersâ€¦to throw a multi-billion dollar life line to the Obamacare insurance exchanges. This bailoutâ€¦would be an epic betrayal by a Republican Party which has promised to repeal and replace the financially crumbling Obama health law.â€
Member Charlie Dent also leads the Problem Solversâ€™ effort to â€œrestore cost sharing reduction payments, bringing them under the appropriations process,â€ a tacit admission that the Obama administration illegally â€œreinsuredâ€ Obamacare exchange insurers without congressional authorization. The schemers prefer the more-anodyne description â€œstabilizing the insurance marketâ€ to the hard factual â€œcorrupt corporate bailouts.â€
The Federalist captured its essence: â€œ[The] bipartisan Problem Solvers Caucusâ€¦released their list of [Obamacare] solutionsâ€™ â€¦. [T]he list canâ€¦be summed up in a single phrase: Single payer. â€¦
â€œIn funding more bailout spending for insurers, the proposal clearly states that Obamacare is â€˜too big to failâ€™ — that no amount of taxpayer funding is too great to keep insurers offering coverage on theâ€¦exchanges. Enacting that government backstop would create a de facto single-payer health-care systemâ€¦with many moreâ€¦insurer lobbyistsâ€¦[demanding] more crony capitalist payments from government to their industry.â€
Big money is involved: The insurance industryâ€™s political contributions trail only Wall Streetâ€™s. In 2016, insurers spent $150 million on 870 lobbyists; they gave congressional Democrats $18 million; Republicans were given $30 million. Charlie Dent raked in $51,000.00.
The bipartisan â€œProblem Solversâ€ are prime examples of Americaâ€™s political class uniting to preserve Washingtonâ€™s broken status quo.
Americaâ€™s $20 trillion debt problem is really a spending problem that Dent, GOP â€moderatesâ€ and Democrats are unwilling to fix.